Honliv Healthcare Management Group Co (HKSE:09906) Equity-to-Asset : 0.56 (As of Dec. 2023)

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What is Honliv Healthcare Management Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Honliv Healthcare Management Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$592.7 Mil. Honliv Healthcare Management Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,059.6 Mil. Therefore, Honliv Healthcare Management Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Honliv Healthcare Management Group Co's Equity-to-Asset or its related term are showing as below:

HKSE:09906' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17 Med: 0.54 Max: 0.59
Current: 0.56

During the past 7 years, the highest Equity to Asset Ratio of Honliv Healthcare Management Group Co was 0.59. The lowest was 0.17. And the median was 0.54.

HKSE:09906's Equity-to-Asset is ranked better than
62.44% of 679 companies
in the Healthcare Providers & Services industry
Industry Median: 0.46 vs HKSE:09906: 0.56

Honliv Healthcare Management Group Co Equity-to-Asset Historical Data

The historical data trend for Honliv Healthcare Management Group 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.

Honliv Healthcare Management Group Co Equity-to-Asset Chart

Honliv Healthcare Management Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.33

0.54

0.58

0.59

0.56

Honliv Healthcare Management Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial							0.58	0.62	0.59	0.58	0.56

Competitive Comparison of Honliv Healthcare Management Group Co's Equity-to-Asset

For the Medical Care Facilities subindustry, Honliv Healthcare Management Group 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.

Honliv Healthcare Management Group Co's Equity-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Honliv Healthcare Management Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Honliv Healthcare Management Group Co's Equity-to-Asset falls into.

Honliv Healthcare Management Group 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.

Honliv Healthcare Management Group 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
	=	592.668	/	1059.553
	=	0.56

Honliv Healthcare Management Group 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
	=	592.668	/	1059.553
	=	0.56

Honliv Healthcare Management Group Co (HKSE:09906) 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%.

Honliv Healthcare Management Group Co Equity-to-Asset Related Terms

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

Honliv Healthcare Management Group Co (HKSE:09906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Honliv Healthcare Management Group Co Ltd (HKSE:09906) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8, Bo Ai Road (South), Changyuan County, Henan Province, Xinxiang, CHN

Website

https://www.honlivhp.com

Honliv Healthcare Management Group Co Ltd is engaged in providing comprehensive medical services and pharmaceutical services to the society in Mainland China. It generates revenue from Outpatient and Inpatient healthcare services.

Executives

Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Zhang Yuan Shi Tou Zi Ji Tuan You Xian Gong Si	2101 Beneficial owner
Rubrical Investment Limited	2501 Other
Sunny Rock Capital Limited	2101 Beneficial owner
Cao Jinming	2202 Interest of your spouse
Qin Hongchao	2501 Other
Qin Yan	2201 Interest of corporation controlled by you
Sun Mingyan	2202 Interest of your spouse

Honliv Healthcare Management Group Co (HKSE:09906) Headlines

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