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Luzhou Bank Co (HKSE:01983) Equity-to-Asset : 0.07 (As of Dec. 2023)


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What is Luzhou Bank Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Luzhou Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$11,952 Mil. Luzhou Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$172,419 Mil. Therefore, Luzhou Bank Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

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

HKSE:01983' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.1
Current: 0.07

During the past 9 years, the highest Equity to Asset Ratio of Luzhou Bank Co was 0.10. The lowest was 0.06. And the median was 0.08.

HKSE:01983's Equity-to-Asset is ranked worse than
72.82% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:01983: 0.07

Luzhou Bank Co Equity-to-Asset Historical Data

The historical data trend for Luzhou Bank Co'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.

Luzhou Bank Co Equity-to-Asset Chart

Luzhou Bank Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.08 0.08 0.07 0.07 0.07

Luzhou Bank Co Semi-Annual Data
Dec15 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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Luzhou Bank Co's Equity-to-Asset

For the Banks - Regional subindustry, Luzhou Bank Co'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.


Luzhou Bank Co's Equity-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Luzhou Bank Co's Equity-to-Asset distribution charts can be found below:

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



Luzhou Bank Co 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.

Luzhou Bank Co'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
=11951.721/172419.347
=0.07

Luzhou Bank Co'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
=11951.721/172419.347
=0.07

* 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.


Luzhou Bank Co  (HKSE:01983) 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%.


Luzhou Bank Co Equity-to-Asset Related Terms

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


Luzhou Bank Co (HKSE:01983) Business Description

Traded in Other Exchanges
N/A
Address
No. 18, Section 3, Jiucheng Avenue, Building 1, Sichuan Province, Jiangyang District, Luzhou, CHN, 646000
Luzhou Bank Co Ltd is a commercial bank in Luzhou providing financial services to its customers. The company's services include deposits, loans, e-banking, interbank finance, investment and financial management, deposit business, convenience finance, phone banking, personal online banking, and mobile banking. The operating business segments are Corporate Banking, Retail Banking, Financial Markets, and Others. The majority of revenue is derived from the Corporate banking segment. The group mainly operates in China.

Luzhou Bank Co (HKSE:01983) Headlines

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