GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meitu Inc (HKSE:01357) » Definitions » Equity-to-Asset

Meitu (HKSE:01357) Equity-to-Asset : 0.71 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Meitu Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meitu's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$4,494 Mil. Meitu's Total Assets for the quarter that ended in Dec. 2023 was HK$6,308 Mil. Therefore, Meitu's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

HKSE:01357' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.49   Med: 0.75   Max: 0.92
Current: 0.71

During the past 11 years, the highest Equity to Asset Ratio of Meitu was 0.92. The lowest was -2.49. And the median was 0.75.

HKSE:01357's Equity-to-Asset is ranked better than
61.64% of 597 companies
in the Interactive Media industry
Industry Median: 0.64 vs HKSE:01357: 0.71

Meitu Equity-to-Asset Historical Data

The historical data trend for Meitu'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.

Meitu Equity-to-Asset Chart

Meitu 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 0.79 0.79 0.74 0.75 0.71

Meitu Semi-Annual Data
Dec13 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 0.74 0.76 0.75 0.76 0.71

Competitive Comparison of Meitu's Equity-to-Asset

For the Internet Content & Information subindustry, Meitu'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.


Meitu's Equity-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meitu's Equity-to-Asset distribution charts can be found below:

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



Meitu 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.

Meitu'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
=4494.181/6308.026
=0.71

Meitu'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
=4494.181/6308.026
=0.71

* 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.


Meitu  (HKSE:01357) 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%.


Meitu Equity-to-Asset Related Terms

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


Meitu (HKSE:01357) Business Description

Traded in Other Exchanges
Address
No. 2557 Binhai West Avenue, Meitu Tower, Building 2, Meifeng Innovation Valley, Tong’an District, Xiamen, Fujian, CHN
Meitu Inc is an investment holding company. It is engaged in the provision of online advertising and other Internet value-added services by offering a portfolio of photo and community apps that enjoys popularity in the PRC and overseas and the smart hardware business involving the production of MeituEve: a commercial artificial intelligence skin analyser, MeituKey: a contact skin analyser, MeituSpa: an artificial intelligence cleansing brush and Meitu Genius: an artificial intelligence smart mirror. The company operates in one operating segment including internet business that consists of online advertising and internet value-added services.

Meitu (HKSE:01357) Headlines

No Headlines