GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » China Health Technology Group Holding Co Ltd (HKSE:01069) » Definitions » Equity-to-Asset

China Health Technology Group Holding Co (HKSE:01069) Equity-to-Asset : 0.12 (As of Dec. 2023)


View and export this data going back to 2009. Start your Free Trial

What is China Health Technology Group Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Health Technology Group Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$18.40 Mil. China Health Technology Group Holding Co's Total Assets for the quarter that ended in Dec. 2023 was HK$154.70 Mil. Therefore, China Health Technology Group Holding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.12.

The historical rank and industry rank for China Health Technology Group Holding Co's Equity-to-Asset or its related term are showing as below:

HKSE:01069' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.28   Med: 0.43   Max: 0.68
Current: 0.12

During the past 13 years, the highest Equity to Asset Ratio of China Health Technology Group Holding Co was 0.68. The lowest was -3.28. And the median was 0.43.

HKSE:01069's Equity-to-Asset is ranked worse than
93.9% of 295 companies
in the Forest Products industry
Industry Median: 0.55 vs HKSE:01069: 0.12

China Health Technology Group Holding Co Equity-to-Asset Historical Data

The historical data trend for China Health Technology Group Holding Co'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.

China Health Technology Group Holding Co Equity-to-Asset Chart

China Health Technology Group Holding Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.43 0.25 -3.28 -2.25

China Health Technology Group Holding Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 - -3.28 -2.80 -2.25 0.12

Competitive Comparison of China Health Technology Group Holding Co's Equity-to-Asset

For the Lumber & Wood Production subindustry, China Health Technology Group Holding Co'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.


China Health Technology Group Holding Co's Equity-to-Asset Distribution in the Forest Products Industry

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

* The bar in red indicates where China Health Technology Group Holding Co's Equity-to-Asset falls into.



China Health Technology Group Holding Co 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.

China Health Technology Group Holding Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=-346.409/153.833
=-2.25

China Health Technology Group Holding Co'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
=18.4/154.702
=0.12

* 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.


China Health Technology Group Holding Co  (HKSE:01069) 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%.


China Health Technology Group Holding Co Equity-to-Asset Related Terms

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


China Health Technology Group Holding Co (HKSE:01069) Business Description

Traded in Other Exchanges
Address
Binhe Road South, Room 4101, Phase II Jingji Binhe Shidai Tower North, Futian District, Shenzhen, CHN
China Health Technology Group Holding Co Ltd Formerly China Bozza Development Holdings Ltd is an investment holding company. It is engaged in the business of management of new agriculture and forestry resources in the People's Republic of China. The company has two reportable segments including the Forestry business and Ginseng Business. The forestry management business includes plantation, logging, and sale of timber-related products and the Ginseng Business includes ginseng plantation and trading of related products. The company generates a majority of its revenue from the Ginseng business segment. Geographically company generates its key revenue from the PRC.
Executives
Huang Hou 2201 Interest of corporation controlled by you
Huang Hou 2101 Beneficial owner
Able Planet International Limited
China Bozza Scheme Limited
Arab Osman Mohammed
Lai Wing Lun
Wang Yue 2101 Beneficial owner
Long Yijia 2202 Interest of your spouse

China Health Technology Group Holding Co (HKSE:01069) Headlines

No Headlines