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Xinda Investment Holdings (HKSE:01281) Equity-to-Asset : 0.75 (As of Dec. 2023)


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What is Xinda Investment Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Xinda Investment Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$927.6 Mil. Xinda Investment Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,243.2 Mil. Therefore, Xinda Investment Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

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

HKSE:01281' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.67   Max: 0.78
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Xinda Investment Holdings was 0.78. The lowest was 0.08. And the median was 0.67.

HKSE:01281's Equity-to-Asset is ranked better than
86.17% of 441 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs HKSE:01281: 0.75

Xinda Investment Holdings Equity-to-Asset Historical Data

The historical data trend for Xinda Investment 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.

Xinda Investment Holdings Equity-to-Asset Chart

Xinda Investment 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 0.66 0.77 0.78 0.73 0.75

Xinda Investment 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 0.78 0.74 0.73 0.74 0.75

Competitive Comparison of Xinda Investment Holdings's Equity-to-Asset

For the Utilities - Independent Power Producers subindustry, Xinda Investment 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.


Xinda Investment Holdings's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Xinda Investment Holdings's Equity-to-Asset distribution charts can be found below:

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



Xinda Investment 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.

Xinda Investment 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
=927.639/1243.179
=0.75

Xinda Investment 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
=927.639/1243.179
=0.75

* 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.


Xinda Investment Holdings  (HKSE:01281) 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%.


Xinda Investment Holdings Equity-to-Asset Related Terms

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


Xinda Investment Holdings (HKSE:01281) Business Description

Traded in Other Exchanges
N/A
Address
66 Dongfang Road, Longjitaihe Industrial Park, Hebei Province, Gaobeidian, CHN
Xinda Investment Holdings Ltd formerly LongiTech Smart Energy Holding Ltd is engaged in providing smart energy solutions in the PRC. The primary activities of the company are smart energy and solar energy businesses. Its operating segments are Smart energy business and Public infrastructure construction business of which the majority of the revenue is generated from the Smart energy business segment. Geographically, it operates in China.
Executives
Wei Shaojun 2307 Founder of a discretionary trust who can infl
King River Developments Limited 2201 Interest of corporation controlled by you
Zedra Trust Company (singapore) Limited 2301 Trustee
Harvest Oak Holdings Limited 2101 Beneficial owner
Wei Qiang 2305 Beneficiary of a trust
Lightway Power Holdings Limited 2101 Beneficial owner
China Ruifeng Renewable Energy Holdings Limited 2101 Beneficial owner
Rentian Technology Holdings Limited 2201 Interest of corporation controlled by you
Sino Wealthy Limited 2101 Beneficial owner

Xinda Investment Holdings (HKSE:01281) Headlines

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