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Runhua Living Service Group Holdings (HKSE:02455) Equity-to-Asset : 0.49 (As of Jun. 2023)


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What is Runhua Living Service Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Runhua Living Service Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$347.7 Mil. Runhua Living Service Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$709.6 Mil. Therefore, Runhua Living Service Group Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.49.

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

HKSE:02455' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.35   Max: 0.49
Current: 0.48

During the past 5 years, the highest Equity to Asset Ratio of Runhua Living Service Group Holdings was 0.49. The lowest was 0.21. And the median was 0.35.

HKSE:02455's Equity-to-Asset is ranked better than
56.03% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:02455: 0.48

Runhua Living Service Group Holdings Equity-to-Asset Historical Data

The historical data trend for Runhua Living Service 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.

Runhua Living Service Group Holdings Equity-to-Asset Chart

Runhua Living Service Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.29 0.21 0.34 0.37 0.48

Runhua Living Service Group Holdings Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Equity-to-Asset Get a 7-Day Free Trial 0.34 0.35 0.37 0.49 0.48

Competitive Comparison of Runhua Living Service Group Holdings's Equity-to-Asset

For the Real Estate Services subindustry, Runhua Living Service 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.


Runhua Living Service Group Holdings's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Runhua Living Service Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Runhua Living Service 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.

Runhua Living Service Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )=Total Stockholders Equity/Total Assets
=223.845/603.48
=0.37

Runhua Living Service Group Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )=Total Stockholders Equity/Total Assets
=347.717/709.613
=0.49

* 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.


Runhua Living Service Group Holdings  (HKSE:02455) 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%.


Runhua Living Service Group Holdings Equity-to-Asset Related Terms

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Runhua Living Service Group Holdings (HKSE:02455) Business Description

Traded in Other Exchanges
N/A
Address
No. 28988 Jingshi Road, 6th Floor, Building No. 1, Lemeng Center, Shandong Province, Jinan, CHN
Runhua Living Service Group Holdings Ltd is a comprehensive property management service provider in China. The business activities of the company are divided into four segments in terms of nature, namely property management services; property engineering and landscape construction services; ) leasing services from property investment; and other services.
Executives
Liang Yuefeng 2202 Interest of your spouse
Luan Hangqian 2201 Interest of corporation controlled by you
Luan Tao 2201 Interest of corporation controlled by you
Springrain Investment Limited 2101 Beneficial owner
Ji Nan Huai Yin Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2101 Beneficial owner

Runhua Living Service Group Holdings (HKSE:02455) Headlines

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