Tse Sui Luen Jewellery (International) (HKSE:00417) Equity-to-Asset : 0.28 (As of Sep. 2023)

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What is Tse Sui Luen Jewellery (International) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tse Sui Luen Jewellery (International)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$778 Mil. Tse Sui Luen Jewellery (International)'s Total Assets for the quarter that ended in Sep. 2023 was HK$2,758 Mil. Therefore, Tse Sui Luen Jewellery (International)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.28.

The historical rank and industry rank for Tse Sui Luen Jewellery (International)'s Equity-to-Asset or its related term are showing as below:

HKSE:00417' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28 Med: 0.37 Max: 0.44
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Tse Sui Luen Jewellery (International) was 0.44. The lowest was 0.28. And the median was 0.37.

HKSE:00417's Equity-to-Asset is ranked worse than
75.02% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.45 vs HKSE:00417: 0.28

Tse Sui Luen Jewellery (International) Equity-to-Asset Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Equity-to-Asset Chart

Tse Sui Luen Jewellery (International) Annual Data

Trend

Feb13

Feb14

Feb15

Feb16

Feb17

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.44

0.33

0.37

0.39

0.31

Tse Sui Luen Jewellery (International) Semi-Annual Data
	Aug13	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial															0.36	0.39	0.33	0.31	0.28

Competitive Comparison of Tse Sui Luen Jewellery (International)'s Equity-to-Asset

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International)'s Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Equity-to-Asset falls into.

Tse Sui Luen Jewellery (International) 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.

Tse Sui Luen Jewellery (International)'s Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	894.058	/	2844.218
	=	0.31

Tse Sui Luen Jewellery (International)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	778.247	/	2758.094
	=	0.28

Tse Sui Luen Jewellery (International) (HKSE:00417) 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%.

Tse Sui Luen Jewellery (International) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Tse Sui Luen Jewellery (International)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Tse Sui Luen Jewellery (International) Ltd (HKSE:00417) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG

Website

https://www.tslj.com

Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.

Executives

Elmas Hong Kong Limited	2301 Trustee
Prime Investments S.a.	2201 Interest of corporation controlled by you
Tse Tat Fung, Tommy	2202 Interest of your spouse
Yau On Yee, Annie	2202 Interest of your spouse
Blink Technology Limited	2201 Interest of corporation controlled by you
Partner Logistics Limited	2101 Beneficial owner
Rosy Blue Jewellery (hk) Limited	2201 Interest of corporation controlled by you
Rosy Blue Overseas Holdings Limited	2201 Interest of corporation controlled by you

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

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