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Yoho Group Holdings (HKSE:02347) Equity-to-Asset : 0.77 (As of Sep. 2023)


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What is Yoho Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yoho Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$263.4 Mil. Yoho Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$343.7 Mil. Therefore, Yoho Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.77.

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

HKSE:02347' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.69   Max: 0.77
Current: 0.77

During the past 5 years, the highest Equity to Asset Ratio of Yoho Group Holdings was 0.77. The lowest was 0.33. And the median was 0.69.

HKSE:02347's Equity-to-Asset is ranked better than
89.28% of 1119 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs HKSE:02347: 0.77

Yoho Group Holdings Equity-to-Asset Historical Data

The historical data trend for Yoho 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.

* Premium members only.

Yoho Group Holdings Equity-to-Asset Chart

Yoho Group Holdings Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
0.69 0.67 0.56 0.33 0.76

Yoho Group Holdings Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Equity-to-Asset Get a 7-Day Free Trial - 0.33 0.73 0.76 0.77

Competitive Comparison of Yoho Group Holdings's Equity-to-Asset

For the Specialty Retail subindustry, Yoho 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.


Yoho Group Holdings's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Yoho Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Yoho 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.

Yoho Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=264.861/346.935
=0.76

Yoho Group 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
=263.38/343.736
=0.77

* 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.


Yoho Group Holdings  (HKSE:02347) 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%.


Yoho Group Holdings Equity-to-Asset Related Terms

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Yoho Group Holdings (HKSE:02347) Business Description

Traded in Other Exchanges
N/A
Address
52 Hung To Road, 9A, Bamboos Centre, Kwun Tong, Kowloon, Hong Kong, HKG
Yoho Group Holdings Ltd is involved in the provision of both online and offline e-commerce retail services and offline wholesale and trading of consumer electronics and home appliances. Geographically the company earns the majority of its revenue from Hong Kong and also has a presence in the People's Republic of China.

Yoho Group Holdings (HKSE:02347) Headlines

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