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China Wantian Holdings (HKSE:01854) Equity-to-Asset : 0.78 (As of Sep. 2023)


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What is China Wantian Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Wantian Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$223.3 Mil. China Wantian Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$287.9 Mil. Therefore, China Wantian Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.78.

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

HKSE:01854' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01   Med: 0.64   Max: 0.82
Current: 0.78

During the past 8 years, the highest Equity to Asset Ratio of China Wantian Holdings was 0.82. The lowest was 0.01. And the median was 0.64.

HKSE:01854's Equity-to-Asset is ranked better than
89.81% of 314 companies
in the Retail - Defensive industry
Industry Median: 0.4 vs HKSE:01854: 0.78

China Wantian Holdings Equity-to-Asset Historical Data

The historical data trend for China Wantian 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.

China Wantian Holdings Equity-to-Asset Chart

China Wantian Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Equity-to-Asset
Get a 7-Day Free Trial 0.73 0.74 0.63 0.64 0.77

China Wantian Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.72 0.77 0.82 0.52 0.78

Competitive Comparison of China Wantian Holdings's Equity-to-Asset

For the Food Distribution subindustry, China Wantian 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 Wantian Holdings's Equity-to-Asset Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Wantian Holdings's Equity-to-Asset distribution charts can be found below:

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



China Wantian 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 Wantian Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2022 is calculated as

Equity to Asset (A: Mar. 2022 )=Total Stockholders Equity/Total Assets
=120.024/155.45
=0.77

China Wantian Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=223.253/287.937
=0.78

* 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.


China Wantian Holdings  (HKSE:01854) 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 Wantian Holdings Equity-to-Asset Related Terms

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China Wantian Holdings (HKSE:01854) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Tower 33 Wang Chiu Road, Suite 2106A, 21/F, Kowloon Bay, Hong Kong, HKG
China Wantian Holdings Ltd is engaged in the provision of vegetables and fruits. It provides procurement, selection, packaging, treating, processing and distribution of vegetables and fruit ingredients. The company offers leaf vegetables, melon and fruit vegetables, root and rhizome vegetables, herbs and spices, mushrooms, fruits, processed fruits and vegetables, and others. The group's business falls under the primary segment of Sourcing, processing and supplying food ingredients to foodservice operators in Hong Kong. The Group has three reportable segments, namely green food supply; green catering; and environmental protection and technology.
Executives
Yap Yuk Kiew
Yek Hon Su
Yap Su Chai
Yap Siew Ngoh
Yap Siew Chow
Yap Kong Meng
Yap Hong Leng
Yap Hong Kek
Yap Hong Akiw
Yap Global Investment Limited
Yap Fong Kee
Wise Global Holding Limited
Leong Kwai Ho
Hooy Siew Kuen
Hooy Say Kai

China Wantian Holdings (HKSE:01854) Headlines

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