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Yadea Group Holdings (HKSE:01585) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Yadea Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yadea Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$9,189 Mil. Yadea Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$28,066 Mil. Therefore, Yadea Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

HKSE:01585' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.28   Max: 0.38
Current: 0.33

During the past 11 years, the highest Equity to Asset Ratio of Yadea Group Holdings was 0.38. The lowest was 0.18. And the median was 0.28.

HKSE:01585's Equity-to-Asset is ranked worse than
72.29% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs HKSE:01585: 0.33

Yadea Group Holdings Equity-to-Asset Historical Data

The historical data trend for Yadea 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.

Yadea Group Holdings Equity-to-Asset Chart

Yadea 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 0.29 0.22 0.23 0.27 0.33

Yadea Group Holdings Semi-Annual Data
Dec13 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 0.23 0.25 0.27 0.27 0.33

Competitive Comparison of Yadea Group Holdings's Equity-to-Asset

For the Auto Manufacturers subindustry, Yadea 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.


Yadea Group Holdings's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Yadea Group Holdings's Equity-to-Asset distribution charts can be found below:

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



Yadea 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.

Yadea 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
=9188.819/28066.473
=0.33

Yadea 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
=9188.819/28066.473
=0.33

* 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.


Yadea Group Holdings  (HKSE:01585) 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%.


Yadea Group Holdings Equity-to-Asset Related Terms

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


Yadea Group Holdings (HKSE:01585) Business Description

Traded in Other Exchanges
N/A
Address
Xishan Road, Dacheng Industrial Zone, Anzhen Town, Xishan District, Jiangsu Province, Wuxi, CHN
Yadea Group Holdings Ltd is an investment holding company. The company and its subsidiaries manufacture and sell electric, two-wheeled vehicles in the People's Republic of China. It is focused on designing, researching, developing, manufacturing and selling electric scooters, electric bicycles, batteries and chargers, and related accessories. The electric two-wheeled vehicles and related accessories segment is mainly engaged in the development, manufacture and sales of electric two-wheeled vehicles and related accessories and the batteries segment is mainly engaged in the production and sales of batteries of the newly acquired Huayu.
Executives
Dai Wei Investment Company Limited 2401 A concert party to an agreement to buy shares
Fang Yuan Investment Company Limited 2101 Beneficial owner
Dong Jinggui 2401 A concert party to an agreement to buy shares
Qian Jinghong 2201 Interest of corporation controlled by you

Yadea Group Holdings (HKSE:01585) Headlines

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