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China Resources Mixc Lifestyle Services (HKSE:01209) Equity-to-Asset : 0.57 (As of Jun. 2023)


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What is China Resources Mixc Lifestyle Services Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. China Resources Mixc Lifestyle Services's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$16,331 Mil. China Resources Mixc Lifestyle Services's Total Assets for the quarter that ended in Jun. 2023 was HK$28,840 Mil. Therefore, China Resources Mixc Lifestyle Services's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.57.

The historical rank and industry rank for China Resources Mixc Lifestyle Services's Equity-to-Asset or its related term are showing as below:

HKSE:01209' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.08   Med: 0.56   Max: 0.65
Current: 0.57

During the past 7 years, the highest Equity to Asset Ratio of China Resources Mixc Lifestyle Services was 0.65. The lowest was 0.08. And the median was 0.56.

HKSE:01209's Equity-to-Asset is ranked better than
68.54% of 1834 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:01209: 0.57

China Resources Mixc Lifestyle Services Equity-to-Asset Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services Equity-to-Asset Chart

China Resources Mixc Lifestyle Services Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.15 0.65 0.64 0.55 0.57

China Resources Mixc Lifestyle Services Semi-Annual Data
Dec17 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 0.64 0.56 0.55 0.57 0.57

Competitive Comparison of China Resources Mixc Lifestyle Services's Equity-to-Asset

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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 Resources Mixc Lifestyle Services's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Equity-to-Asset falls into.



China Resources Mixc Lifestyle Services 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 Resources Mixc Lifestyle Services'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
=15946.384/28853.498
=0.55

China Resources Mixc Lifestyle Services'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
=16331.162/28839.518
=0.57

* 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 Resources Mixc Lifestyle Services  (HKSE:01209) 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 Resources Mixc Lifestyle Services Equity-to-Asset Related Terms

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China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Traded in Other Exchanges
N/A
Address
No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN
China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

China Resources Mixc Lifestyle Services (HKSE:01209) Headlines

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