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Sun Hung Kai (HKSE:00086) Equity-to-Asset : 0.52 (As of Dec. 2023)


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What is Sun Hung Kai Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sun Hung Kai's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$21,268 Mil. Sun Hung Kai's Total Assets for the quarter that ended in Dec. 2023 was HK$40,870 Mil. Therefore, Sun Hung Kai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.52.

The historical rank and industry rank for Sun Hung Kai's Equity-to-Asset or its related term are showing as below:

HKSE:00086' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46   Med: 0.52   Max: 0.56
Current: 0.52

During the past 13 years, the highest Equity to Asset Ratio of Sun Hung Kai was 0.56. The lowest was 0.46. And the median was 0.52.

HKSE:00086's Equity-to-Asset is ranked better than
60.7% of 542 companies
in the Credit Services industry
Industry Median: 0.37 vs HKSE:00086: 0.52

Sun Hung Kai Equity-to-Asset Historical Data

The historical data trend for Sun Hung Kai's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sun Hung Kai Equity-to-Asset Chart

Sun Hung Kai Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.51 0.51 0.52 0.52

Sun Hung Kai Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.49 0.52 0.52 0.52

Competitive Comparison of Sun Hung Kai's Equity-to-Asset

For the Credit Services subindustry, Sun Hung Kai's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sun Hung Kai's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Sun Hung Kai's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Sun Hung Kai's Equity-to-Asset falls into.



Sun Hung Kai Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Sun Hung Kai's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21268/40869.5
=0.52

Sun Hung Kai's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=21268/40869.5
=0.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sun Hung Kai  (HKSE:00086) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Sun Hung Kai Equity-to-Asset Related Terms

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Sun Hung Kai (HKSE:00086) Business Description

Traded in Other Exchanges
Address
33 Hysan Avenue, 42nd Floor, Lee Garden One, Causeway Bay, Hong Kong, HKG
Sun Hung Kai & Co Ltd is an investment and finance firm. The group focuses on providing tailor-made financing solutions to corporations, small businesses, and individuals. It offers wealth management and brokerage, capital markets, consumer finance, structured finance, and principal investment services. The geographical area of operation is Hong Kong, Mainland China, and others. Its revenue is derived from the Hong Kong region. Its segments comprise Consumer Finance; Mortgage Loans; Specialty Finance; Investment Management; Strategic Investments; and Group Management and Support. The company generates maximum revenue from the Consumer Finance segment.

Sun Hung Kai (HKSE:00086) Headlines

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