WH Group (HKSE:00288) Equity-to-Asset : 0.51 (As of Dec. 2023)

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What is WH Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WH Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$76,778 Mil. WH Group's Total Assets for the quarter that ended in Dec. 2023 was HK$149,784 Mil. Therefore, WH Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.51.

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

HKSE:00288' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.35 Med: 0.49 Max: 0.54
Current: 0.51

During the past 11 years, the highest Equity to Asset Ratio of WH Group was 0.54. The lowest was 0.35. And the median was 0.49.

HKSE:00288's Equity-to-Asset is ranked worse than
53.41% of 1921 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs HKSE:00288: 0.51

WH Group Equity-to-Asset Historical Data

The historical data trend for WH Group'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.

WH Group Equity-to-Asset Chart

WH Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.50

0.54

0.45

0.48

0.51

WH Group Quarterly Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-	0.48	0.50	-	0.51

Competitive Comparison of WH Group's Equity-to-Asset

For the Packaged Foods subindustry, WH Group'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.

WH Group's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, WH Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where WH Group's Equity-to-Asset falls into.

WH Group 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.

WH Group'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
	=	76778.144	/	149784.154
	=	0.51

WH Group'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
	=	76778.144	/	149784.154
	=	0.51

WH Group (HKSE:00288) 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%.

WH Group Equity-to-Asset Related Terms

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

WH Group (HKSE:00288) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » WH Group Ltd (HKSE:00288) » Definitions » Equity-to-Asset

Traded in Other Exchanges

WHGRF:USA WHGLY:USA 0WH:Germany

Address

1 Austin Road West, Unit 7602B-7604A, Level 76, International Commerce Centre, Kowloon, Hong Kong, HKG

Website

https://www.wh-group.com

WH Group, listed on the Hong Kong exchange, is a holding company and the world's largest vertically integrated producer of pork and related packaged meat products. Its revenue is mainly derived from activities undertaken by its China and U.S. operations, which are respectively via 70.3%-owned Henan Shuanghui Investment & Development Co., or Shuanghui, and wholly owned Smithfield Foods Inc. In the U.S., its key packaged meats brands, in which it has an 8% market share, include Nathan's hot dogs, Armour, John Morrell, and Curly's, while in China, products are mainly under the Shuanghui brand, where it also has a 32% market share. We expect the company's operating profit to be split almost equally between the U.S. and China going forward with a small contribution from Europe.

WH Group (HKSE:00288) Headlines

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