GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shun Ho Property Investments Ltd (HKSE:00219) » Definitions » Equity-to-Asset

Shun Ho Property Investments (HKSE:00219) Equity-to-Asset : 0.74 (As of Dec. 2023)


View and export this data going back to 1973. Start your Free Trial

What is Shun Ho Property Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Shun Ho Property Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$7,336.8 Mil. Shun Ho Property Investments's Total Assets for the quarter that ended in Dec. 2023 was HK$9,902.1 Mil. Therefore, Shun Ho Property Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.74.

The historical rank and industry rank for Shun Ho Property Investments's Equity-to-Asset or its related term are showing as below:

HKSE:00219' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.74   Max: 0.77
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Shun Ho Property Investments was 0.77. The lowest was 0.63. And the median was 0.74.

HKSE:00219's Equity-to-Asset is ranked better than
81.33% of 841 companies
in the Travel & Leisure industry
Industry Median: 0.47 vs HKSE:00219: 0.74

Shun Ho Property Investments Equity-to-Asset Historical Data

The historical data trend for Shun Ho Property Investments'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.

Shun Ho Property Investments Equity-to-Asset Chart

Shun Ho Property Investments 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 0.75 0.76 0.77 0.74 0.74

Shun Ho Property Investments 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 0.77 0.76 0.74 0.75 0.74

Competitive Comparison of Shun Ho Property Investments's Equity-to-Asset

For the Lodging subindustry, Shun Ho Property Investments'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.


Shun Ho Property Investments's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Shun Ho Property Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Shun Ho Property Investments's Equity-to-Asset falls into.



Shun Ho Property Investments 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.

Shun Ho Property Investments'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
=7336.798/9902.062
=0.74

Shun Ho Property Investments'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
=7336.798/9902.062
=0.74

* 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.


Shun Ho Property Investments  (HKSE:00219) 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%.


Shun Ho Property Investments Equity-to-Asset Related Terms

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


Shun Ho Property Investments (HKSE:00219) Business Description

Traded in Other Exchanges
N/A
Address
24-30 Ice House Street, 3rd Floor, Shun Ho Tower, Central, Hong Kong, HKG
Shun Ho Property Investments Ltd is a Hong Kong-based company principally engaged in hotel businesses. It operates through three segments Hospitality Services, Property Investment and Securities Investment. The company looks into the operation of Best Western Plus Hotel Kowloon, Best Western Plus Hotel Hong Kong, Magnificent International Hotel, Shanghai, Best Western Hotel Causeway Bay, Ramada Hong Kong Harbour View, Ramada Hong Kong Grand, Grand City Hotel, Ramada Hong Kong Grand View, 633 King's Road, Shun Ho Tower, and Shops, hotel and residential properties. The group derives revenue from Hong Kong and the PRC, of which prime revenue is derived from Hong Kong.

Shun Ho Property Investments (HKSE:00219) Headlines

No Headlines