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Renze Harvest International (HKSE:01282) Equity-to-Asset : 0.44 (As of Dec. 2023)


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What is Renze Harvest International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Renze Harvest International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,077.6 Mil. Renze Harvest International's Total Assets for the quarter that ended in Dec. 2023 was HK$11,643.1 Mil. Therefore, Renze Harvest International's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.44.

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

HKSE:01282' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.59   Max: 0.96
Current: 0.44

During the past 13 years, the highest Equity to Asset Ratio of Renze Harvest International was 0.96. The lowest was 0.24. And the median was 0.59.

HKSE:01282's Equity-to-Asset is ranked better than
50.71% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:01282: 0.44

Renze Harvest International Equity-to-Asset Historical Data

The historical data trend for Renze Harvest 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.

Renze Harvest International Equity-to-Asset Chart

Renze Harvest International 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 0.26 0.24 0.60 0.61 0.44

Renze Harvest International 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 0.60 0.61 0.61 0.46 0.44

Competitive Comparison of Renze Harvest International's Equity-to-Asset

For the Real Estate - Diversified subindustry, Renze Harvest 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.


Renze Harvest International's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Renze Harvest International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Renze Harvest International's Equity-to-Asset falls into.



Renze Harvest 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.

Renze Harvest International'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
=5077.627/11643.133
=0.44

Renze Harvest International'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
=5077.627/11643.133
=0.44

* 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.


Renze Harvest International  (HKSE:01282) 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%.


Renze Harvest International Equity-to-Asset Related Terms

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


Renze Harvest International (HKSE:01282) Business Description

Traded in Other Exchanges
Address
Unit 1909, 19/F, Tower Two, Lippo Centre, No. 89, Queensway, Admiralty, HKG
Renze Harvest International Ltd Formerly Glory Sun Financial Group Ltd is a holding company in China that reports in four business segments: Automation, Financial services, Property investment and development, and Securities Investment. It generates maximum revenue from the Property Investment and Development segment.
Executives
China Grand Developments Limited 2101 Beneficial owner
Ma Jianghao 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
Tinmark Development Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Qian Hai Ren Shou Bao Xian Gu Fen You Xian Gong Si 2101 Beneficial owner

Renze Harvest International (HKSE:01282) Headlines

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