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Century Sunshine Group Holdings (HKSE:00509) Equity-to-Asset : 0.28 (As of Dec. 2023)


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What is Century Sunshine Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Century Sunshine Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$912.2 Mil. Century Sunshine Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$3,222.4 Mil. Therefore, Century Sunshine Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.28.

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

HKSE:00509' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.48   Max: 0.58
Current: 0.28

During the past 13 years, the highest Equity to Asset Ratio of Century Sunshine Group Holdings was 0.58. The lowest was 0.28. And the median was 0.48.

HKSE:00509's Equity-to-Asset is ranked worse than
86% of 250 companies
in the Agriculture industry
Industry Median: 0.535 vs HKSE:00509: 0.28

Century Sunshine Group Holdings Equity-to-Asset Historical Data

The historical data trend for Century Sunshine Group Holdings'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.

Century Sunshine Group Holdings Equity-to-Asset Chart

Century Sunshine Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.49 0.40 0.32 0.28

Century Sunshine Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.36 0.32 0.27 0.28

Competitive Comparison of Century Sunshine Group Holdings's Equity-to-Asset

For the Agricultural Inputs subindustry, Century Sunshine Group Holdings'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.


Century Sunshine Group Holdings's Equity-to-Asset Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Century Sunshine Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Century Sunshine Group Holdings 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.

Century Sunshine Group Holdings'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
=912.244/3222.413
=0.28

Century Sunshine Group Holdings'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
=912.244/3222.413
=0.28

* 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.


Century Sunshine Group Holdings  (HKSE:00509) 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%.


Century Sunshine Group Holdings Equity-to-Asset Related Terms

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Century Sunshine Group Holdings (HKSE:00509) Business Description

Traded in Other Exchanges
N/A
Address
16th Floor, Tower 5, The Gateway, Tsim Sha Tsui, Kowloon, Harbour City, HKG
Century Sunshine Group Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the magnesium products business, fertilizer business, and metallurgical flux business. The magnesium Product segment is engaged in the manufacture and sales of magnesium alloys. Metallurgical Flux segment is engaged in the sales of metallurgical flux, such as serpentine and the Fertilizer segment is engaged in the production and sales of fertilizers, including organic fertilizers and compound fertilizers. The revenue is mainly derived from China.

Century Sunshine Group Holdings (HKSE:00509) Headlines

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