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Fullshare Holdings (HKSE:00607) Equity-to-Asset : 0.20 (As of Dec. 2023)


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What is Fullshare Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fullshare Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$11,927 Mil. Fullshare Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$59,622 Mil. Therefore, Fullshare Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.20.

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

HKSE:00607' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2   Med: 0.41   Max: 0.54
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Fullshare Holdings was 0.54. The lowest was 0.20. And the median was 0.41.

HKSE:00607's Equity-to-Asset is ranked worse than
93.01% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:00607: 0.20

Fullshare Holdings Equity-to-Asset Historical Data

The historical data trend for Fullshare Holdings'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.

Fullshare Holdings Equity-to-Asset Chart

Fullshare Holdings 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 0.40 0.39 0.31 0.22 0.20

Fullshare Holdings 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 0.31 0.24 0.22 0.21 0.20

Competitive Comparison of Fullshare Holdings's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Fullshare Holdings'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.


Fullshare Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fullshare Holdings's Equity-to-Asset distribution charts can be found below:

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



Fullshare Holdings 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.

Fullshare Holdings'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
=11926.597/59621.99
=0.20

Fullshare Holdings'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
=11926.597/59621.99
=0.20

* 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.


Fullshare Holdings  (HKSE:00607) 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%.


Fullshare Holdings Equity-to-Asset Related Terms

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Fullshare Holdings (HKSE:00607) Business Description

Traded in Other Exchanges
N/A
Address
18 Harcourt Road, Unit 2805, Level 28, Admiralty Centre Tower 1, Admiralty, Hong Kong, HKG
Fullshare Holdings Ltd is an investment holding company. The company operates through the following segments: properties; tourism; healthcare, education, and others; Investment and financial services; and New energy. The company derives the majority of its revenue from the new energy segment that involves the research, development, manufacture, and distribution of mechanical transmission equipment used in wind power and a wide range of industrial applications. Its geographical segments are China, the United States, Europe, Australia, and other countries. China accounts for the majority of the company's annual revenue.

Fullshare Holdings (HKSE:00607) Headlines

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