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China Ting Group Holdings (HKSE:03398) Equity-to-Asset : 0.64 (As of Jun. 2023)


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What is China Ting Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Ting Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$2,212 Mil. China Ting Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$3,478 Mil. Therefore, China Ting Group Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.64.

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

HKSE:03398' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.64   Med: 0.7   Max: 0.75
Current: 0.64

During the past 13 years, the highest Equity to Asset Ratio of China Ting Group Holdings was 0.75. The lowest was 0.64. And the median was 0.70.

HKSE:03398's Equity-to-Asset is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 0.52 vs HKSE:03398: 0.64

China Ting Group Holdings Equity-to-Asset Historical Data

The historical data trend for China Ting 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.

China Ting Group Holdings Equity-to-Asset Chart

China Ting Group Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 0.70 0.71 0.67 0.64

China Ting Group Holdings Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only 0.72 0.67 0.66 0.64 0.64

Competitive Comparison of China Ting Group Holdings's Equity-to-Asset

For the Apparel Manufacturing subindustry, China Ting 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.


China Ting Group Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, China Ting Group Holdings's Equity-to-Asset distribution charts can be found below:

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



China Ting 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.

China Ting 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
=2334.142/3656.363
=0.64

China Ting 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
=2212.439/3478.222
=0.64

* 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 Ting Group Holdings  (HKSE:03398) 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 Ting Group Holdings Equity-to-Asset Related Terms

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China Ting Group Holdings (HKSE:03398) Business Description

Traded in Other Exchanges
N/A
Address
55 King Yip Street, 27th Floor, King Palace Plaza, Kwun Tong, Kowloon, Hong Kong, HKG
China Ting Group Holdings Ltd is an investment holding company. Along with its subsidiaries, the firm is engaged in garment manufacturing for export and retailing branded fashion apparel in Mainland China. It operates in three reportable segments including manufacturing and sale of garments on an original equipment manufacturer (OEM), manufacturing and retailing of branded fashion apparel (Retail), and property investment. It derives the majority of its revenue from the OEM segment. Geographically, it derives a majority of its revenue from the PRC and also has an operation in North America, European Union, Hong Kong, and Other countries.

China Ting Group Holdings (HKSE:03398) Headlines

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