China Development Financial Holding (TPE:2883) Equity-to-Asset : 0.07 (As of Dec. 2023)

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What is China Development Financial Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Development Financial Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NT$262,819 Mil. China Development Financial Holding's Total Assets for the quarter that ended in Dec. 2023 was NT$3,648,212 Mil. Therefore, China Development Financial Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.07.

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

TPE:2883' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06 Med: 0.07 Max: 0.19
Current: 0.07

During the past 13 years, the highest Equity to Asset Ratio of China Development Financial Holding was 0.19. The lowest was 0.06. And the median was 0.07.

TPE:2883's Equity-to-Asset is ranked worse than
83.27% of 496 companies
in the Insurance industry
Industry Median: 0.24 vs TPE:2883: 0.07

China Development Financial Holding Equity-to-Asset Historical Data

The historical data trend for China Development Financial Holding'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 Development Financial Holding Equity-to-Asset Chart

China Development Financial Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

0.06

0.09

0.06

0.07

China Development Financial Holding Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.06	0.07	0.07	0.06	0.07

Competitive Comparison of China Development Financial Holding's Equity-to-Asset

For the Insurance - Life subindustry, China Development Financial Holding'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 Development Financial Holding's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, China Development Financial Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Development Financial Holding's Equity-to-Asset falls into.

China Development Financial Holding 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 Development Financial Holding'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
	=	262818.634	/	3648212.053
	=	0.07

China Development Financial Holding'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
	=	262818.634	/	3648212.053
	=	0.07

China Development Financial Holding (TPE:2883) 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 Development Financial Holding Equity-to-Asset Related Terms

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

China Development Financial Holding (TPE:2883) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Development Financial Holding Corp (TPE:2883) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 135, Dunhua N. Road, Songshan District, Taipei, TWN, 105

Website

https://www.cdfholding.com

China Development Financial Holding Corp is a financial services group catering primarily to the Taiwanese and Chinese markets. The company operates under four reportable segments: Venture Capital, which engages in investing, fundraising, and the management of private equity funds; Commercial Banking, which engages in consumer banking, corporate banking, and global market and financial institutions; Securities, which engages in wealth management, trading, and investment banking; and Insurance, which operates life insurance businesses. Most of its revenue is derived from noninterest income through the insurance segment.

China Development Financial Holding (TPE:2883) Headlines

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