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Harbin Bank Co (HKSE:06138) Equity-to-Asset : 0.08 (As of Dec. 2023)


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What is Harbin Bank Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Harbin Bank Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$67,381 Mil. Harbin Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$889,602 Mil. Therefore, Harbin Bank Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.08.

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

HKSE:06138' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.08   Max: 0.09
Current: 0.08

During the past 12 years, the highest Equity to Asset Ratio of Harbin Bank Co was 0.09. The lowest was 0.07. And the median was 0.08.

HKSE:06138's Equity-to-Asset is ranked worse than
60.97% of 1468 companies
in the Banks industry
Industry Median: 0.09 vs HKSE:06138: 0.08

Harbin Bank Co Equity-to-Asset Historical Data

The historical data trend for Harbin 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.

Harbin Bank Co Equity-to-Asset Chart

Harbin Bank Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.08 0.09 0.09 0.08

Harbin Bank Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.08 0.08

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

For the Banks - Regional subindustry, Harbin 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.


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

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

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



Harbin 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.

Harbin 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
=67381.436/889601.787
=0.08

Harbin 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
=67381.436/889601.787
=0.08

* 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.


Harbin Bank Co  (HKSE:06138) 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%.


Harbin Bank Co Equity-to-Asset Related Terms

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Harbin Bank Co (HKSE:06138) Business Description

Traded in Other Exchanges
N/A
Address
No. 888 Shangjiang Street, Daoli District, Harbin, CHN, 150010
Harbin Bank Co Ltd is a China-based company that operates a financial business throughout mainland China. The company's core businesses consist of the corporate banking business, which provides corporate customers with financial products and services, such as deposits, loans, settlement, clearing, and others; the retail banking business, which provides retail customers with financial products and services, such as deposits, bank cards, credit cards, personal loans, collateral loans, and personal wealth-management services; and the interbank financial business, which is involved in money market placements, investments, repurchasing, and foreign exchange transactions. The company generates over half of its revenue from the Heilongjiang province.

Harbin Bank Co (HKSE:06138) Headlines

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