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Greenheart Group (HKSE:00094) Equity-to-Asset : 0.96 (As of Dec. 2023)


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What is Greenheart Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Greenheart Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$764.05 Mil. Greenheart Group's Total Assets for the quarter that ended in Dec. 2023 was HK$799.30 Mil. Therefore, Greenheart Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.96.

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

HKSE:00094' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.74   Max: 0.96
Current: 0.96

During the past 13 years, the highest Equity to Asset Ratio of Greenheart Group was 0.96. The lowest was 0.37. And the median was 0.74.

HKSE:00094's Equity-to-Asset is ranked better than
98.31% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs HKSE:00094: 0.96

Greenheart Group Equity-to-Asset Historical Data

The historical data trend for Greenheart Group'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.

Greenheart Group Equity-to-Asset Chart

Greenheart Group 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 0.78 0.79 0.83 0.88 0.96

Greenheart Group 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 0.83 0.85 0.88 0.88 0.96

Competitive Comparison of Greenheart Group's Equity-to-Asset

For the Lumber & Wood Production subindustry, Greenheart Group'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.


Greenheart Group's Equity-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Greenheart Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Greenheart Group's Equity-to-Asset falls into.



Greenheart Group 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.

Greenheart Group'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
=764.046/799.301
=0.96

Greenheart Group'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
=764.046/799.301
=0.96

* 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.


Greenheart Group  (HKSE:00094) 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%.


Greenheart Group Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Greenheart Group's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Greenheart Group (HKSE:00094) Business Description

Traded in Other Exchanges
N/A
Address
No. 77-79 Gloucester Road, 32A, 32th Floor, Fortis Tower, Wanchai, Hong Kong, HKG
Greenheart Group Ltd is an investment holding company. The company, along with its subsidiaries, is engaged in log harvesting, timber processing, marketing and sales of logs and timber products, provision of forest management services and shipping services. It has two reportable segments, Suriname involves the Selective hardwood log harvesting, timber processing, marketing, sale and trading of logs and timber products and the management and operation of forest concessions; and New Zealand involves softwood plantation management, log harvesting, marketing, sale and trading of logs and provision of forest management services. Its majority revenue generating region is New Zealand.
Executives
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Nominee Limited 2201 Interest of corporation controlled by you
Gallant Elite International Limited 2201 Interest of corporation controlled by you
Lai Wing Lun 2104 Agent
Arab Osman Mohammed 2104 Agent
Mak Siu Hang Viola 2201 Interest of corporation controlled by you
Idea Perfect Holdings Limited 2501 Other
Vms Investment Group Limited 2201 Interest of corporation controlled by you
Wu Wai Leung Danny
Hong Kong Genghis Khan Group Limited 2101 Beneficial owner
Ge Jian 2201 Interest of corporation controlled by you
China Forestry Group Corporation 2201 Interest of corporation controlled by you

Greenheart Group (HKSE:00094) Headlines

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