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China Innovation Investment (HKSE:01217) Equity-to-Asset : 1.00 (As of Dec. 2023)


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What is China Innovation Investment Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Innovation Investment's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$547.67 Mil. China Innovation Investment's Total Assets for the quarter that ended in Dec. 2023 was HK$550.22 Mil. Therefore, China Innovation Investment's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 1.00.

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

HKSE:01217' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.96   Med: 1   Max: 1
Current: 1

During the past 13 years, the highest Equity to Asset Ratio of China Innovation Investment was 1.00. The lowest was 0.96. And the median was 1.00.

HKSE:01217's Equity-to-Asset is ranked better than
99.77% of 1717 companies
in the Asset Management industry
Industry Median: 0.83 vs HKSE:01217: 1.00

China Innovation Investment Equity-to-Asset Historical Data

The historical data trend for China Innovation Investment'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 Innovation Investment Equity-to-Asset Chart

China Innovation Investment 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 0.98 1.00 1.00 1.00 1.00

China Innovation Investment 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 1.00 1.00 1.00 1.00 1.00

Competitive Comparison of China Innovation Investment's Equity-to-Asset

For the Asset Management subindustry, China Innovation Investment'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 Innovation Investment's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, China Innovation Investment's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Innovation Investment's Equity-to-Asset falls into.



China Innovation Investment 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 Innovation Investment'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
=547.668/550.218
=1.00

China Innovation Investment'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
=547.668/550.218
=1.00

* 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 Innovation Investment  (HKSE:01217) 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 Innovation Investment Equity-to-Asset Related Terms

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China Innovation Investment (HKSE:01217) Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Des Voeux Road West, 26th Floor, Sheung Wan, HKG
China Innovation Investment Ltd is an investment holding company. Its investment objective is to invest in listed and unlisted companies primarily in Hong Kong and the PRC. The company invests in listed and non-listed and civil and military joint ventures to strive for medium-term gains from capital appreciation. The majority of the revenue is derived from its investment activities from Hong Kong.
Executives
China Technology Education Trust Association
Zhong Guo Qu Shi Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Harvest Rise Investments Limited 2101 Beneficial owner

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