China Aircraft Leasing Group Holdings (HKSE:01848) Equity-to-Asset : 0.09 (As of Dec. 2023)

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What is China Aircraft Leasing Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Aircraft Leasing Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,167 Mil. China Aircraft Leasing Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$59,825 Mil. Therefore, China Aircraft Leasing Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.09.

The historical rank and industry rank for China Aircraft Leasing Group Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:01848' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.09 Max: 0.12
Current: 0.09

During the past 11 years, the highest Equity to Asset Ratio of China Aircraft Leasing Group Holdings was 0.12. The lowest was 0.09. And the median was 0.09.

HKSE:01848's Equity-to-Asset is ranked worse than
91.65% of 1090 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:01848: 0.09

China Aircraft Leasing Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Aircraft Leasing Group 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.

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China Aircraft Leasing Group Holdings Equity-to-Asset Chart

China Aircraft Leasing Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.09

0.12

0.11

0.09

China Aircraft Leasing Group 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															0.12	0.11	0.11	0.10	0.09

Competitive Comparison of China Aircraft Leasing Group Holdings's Equity-to-Asset

For the Rental & Leasing Services subindustry, China Aircraft Leasing Group 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.

China Aircraft Leasing Group Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Equity-to-Asset falls into.

China Aircraft Leasing Group 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.

China Aircraft Leasing Group 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
	=	5166.553	/	59824.727
	=	0.09

China Aircraft Leasing Group 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
	=	5166.553	/	59824.727
	=	0.09

China Aircraft Leasing Group Holdings (HKSE:01848) 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 Aircraft Leasing Group Holdings Equity-to-Asset Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » China Aircraft Leasing Group Holdings Ltd (HKSE:01848) » Definitions » Equity-to-Asset

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Traded in Other Exchanges

CFRLF:USA

Address

16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG

Website

https://www.calc.com.hk

China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

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