Fenbi (HKSE:02469) Equity-to-Asset : 0.60 (As of Dec. 2023)

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What is Fenbi Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fenbi's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,387 Mil. Fenbi's Total Assets for the quarter that ended in Dec. 2023 was HK$2,322 Mil. Therefore, Fenbi's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.60.

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

HKSE:02469' s Equity-to-Asset Range Over the Past 10 Years
Min: -6.65 Med: -3.84 Max: 0.6
Current: 0.6

During the past 5 years, the highest Equity to Asset Ratio of Fenbi was 0.60. The lowest was -6.65. And the median was -3.84.

HKSE:02469's Equity-to-Asset is ranked better than
60.67% of 267 companies
in the Education industry
Industry Median: 0.52 vs HKSE:02469: 0.60

Fenbi Equity-to-Asset Historical Data

The historical data trend for Fenbi'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.

Fenbi Equity-to-Asset Chart

Fenbi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.28

-4.80

-3.84

-6.65

0.60

Fenbi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			-3.84	-4.48	-6.65	0.59	0.60

Competitive Comparison of Fenbi's Equity-to-Asset

For the Education & Training Services subindustry, Fenbi'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.

Fenbi's Equity-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Fenbi's Equity-to-Asset distribution charts can be found below:

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

Fenbi 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.

Fenbi'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
	=	1386.632	/	2321.554
	=	0.60

Fenbi'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
	=	1386.632	/	2321.554
	=	0.60

Fenbi (HKSE:02469) 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%.

Fenbi Equity-to-Asset Related Terms

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

Fenbi (HKSE:02469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Fenbi Ltd (HKSE:02469) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN

Website

https://www.fenbi.com

Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.

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