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Fu Shou Yuan International Group (HKSE:01448) Equity-to-Asset : 0.68 (As of Dec. 2023)


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What is Fu Shou Yuan International Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fu Shou Yuan International Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$6,475 Mil. Fu Shou Yuan International Group's Total Assets for the quarter that ended in Dec. 2023 was HK$9,481 Mil. Therefore, Fu Shou Yuan International Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.68.

The historical rank and industry rank for Fu Shou Yuan International Group's Equity-to-Asset or its related term are showing as below:

HKSE:01448' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63   Med: 0.68   Max: 0.7
Current: 0.68

During the past 12 years, the highest Equity to Asset Ratio of Fu Shou Yuan International Group was 0.70. The lowest was 0.63. And the median was 0.68.

HKSE:01448's Equity-to-Asset is ranked better than
83.33% of 108 companies
in the Personal Services industry
Industry Median: 0.365 vs HKSE:01448: 0.68

Fu Shou Yuan International Group Equity-to-Asset Historical Data

The historical data trend for Fu Shou Yuan International Group'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.

Fu Shou Yuan International Group Equity-to-Asset Chart

Fu Shou Yuan International Group 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 0.68 0.68 0.68 0.70 0.68

Fu Shou Yuan International Group 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 0.68 0.70 0.70 0.69 0.68

Competitive Comparison of Fu Shou Yuan International Group's Equity-to-Asset

For the Personal Services subindustry, Fu Shou Yuan International Group'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.


Fu Shou Yuan International Group's Equity-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Fu Shou Yuan International Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fu Shou Yuan International Group's Equity-to-Asset falls into.



Fu Shou Yuan International Group 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.

Fu Shou Yuan International Group'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
=6475.231/9480.642
=0.68

Fu Shou Yuan International Group'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
=6475.231/9480.642
=0.68

* 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.


Fu Shou Yuan International Group  (HKSE:01448) 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%.


Fu Shou Yuan International Group Equity-to-Asset Related Terms

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Fu Shou Yuan International Group (HKSE:01448) Business Description

Traded in Other Exchanges
Address
No. 88 Cao Xi Road North, Room 1306, Sheng Ai Building, Xuhui District, Shanghai, CHN, 200030
Fu Shou Yuan International Group Ltd is a personal services company that provides burial, funeral, and auxiliary services throughout China. The company derives the vast majority of its revenue from the provision of burial services. Within this business activity, Fu Shou Yuan generates most of its revenue from the sale of primarily customized, artistic, and traditional burial plots. The company also provides cemetery maintenance services for its portfolio of cemeteries within its burial services segment. The majority of Fu Shou Yuan's sales come from the Shanghai region, while the Liaoning province also contributes a sizable percentage of total revenue. Fu Shou Yuan's other divisions are involved in the acquisition and operation of funeral homes and the building of cremation machines.

Fu Shou Yuan International Group (HKSE:01448) Headlines

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