Fenbi (HKSE:02469) Liabilities-to-Assets : 0.40 (As of Dec. 2023)

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What is Fenbi Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Fenbi's Total Liabilities for the quarter that ended in Dec. 2023 was HK$935 Mil. Fenbi's Total Assets for the quarter that ended in Dec. 2023 was HK$2,322 Mil. Therefore, Fenbi's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 was 0.40.

Fenbi Liabilities-to-Assets Historical Data

The historical data trend for Fenbi's Liabilities-to-Assets 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.

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Fenbi Liabilities-to-Assets Chart

Fenbi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Liabilities-to-Assets

0.73

5.80

4.84

7.65

0.40

Fenbi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Liabilities-to-Assets	Get a 7-Day Free Trial			4.84	5.48	7.65	0.41	0.40

Competitive Comparison of Fenbi's Liabilities-to-Assets

For the Education & Training Services subindustry, Fenbi's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Fenbi's Liabilities-to-Assets Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Fenbi's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Fenbi's Liabilities-to-Assets falls into.

Fenbi Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Fenbi's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	934.923	/	2321.554
	=	0.40

Fenbi's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2023 is calculated as

Liabilities-to-Assets (Q: Dec. 2023 )	=	Total Liabilities	/	Total Assets
	=	934.923	/	2321.554
	=	0.40

Fenbi (HKSE:02469) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Fenbi Liabilities-to-Assets Related Terms

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Fenbi (HKSE:02469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Fenbi Ltd (HKSE:02469) » Definitions » Liabilities-to-Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN

Website

https://www.fenbi.com

Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.

Executives

Li Yong	2103 Interests held jointly with another person
Wei Liang	2201 Interest of corporation controlled by you
Zhang Xiaolong	2201 Interest of corporation controlled by you
Li Xin	2103 Interests held jointly with another person
Chalk Sky Ltd	2101 Beneficial owner
Sonata (bvi) Limited	2201 Interest of corporation controlled by you
Ocorian Singapore Trust Company Pte. Ltd.	2301 Trustee
Ark Trust (hong Kong) Limited	2301 Trustee
Tencent Holdings Limited
Ho Chi Sing	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Gp Iii Associates Ltd.	2201 Interest of corporation controlled by you
Zhou Quan	2201 Interest of corporation controlled by you
Matrix China Management Ii, L.p.	2201 Interest of corporation controlled by you
Matrix China Ii Gp Gp, Ltd.	2201 Interest of corporation controlled by you
Idg-accel China Growth Fund Iii L.p.	2101 Beneficial owner

Fenbi (HKSE:02469) Headlines

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