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Lvji Technology Holdings (HKSE:01745) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is Lvji Technology Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lvji Technology Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,001.0 Mil. Lvji Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,135.7 Mil. Therefore, Lvji Technology Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.

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

HKSE:01745' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84   Med: 0.89   Max: 0.95
Current: 0.88

During the past 8 years, the highest Equity to Asset Ratio of Lvji Technology Holdings was 0.95. The lowest was 0.84. And the median was 0.89.

HKSE:01745's Equity-to-Asset is ranked better than
94.66% of 843 companies
in the Travel & Leisure industry
Industry Median: 0.49 vs HKSE:01745: 0.88

Lvji Technology Holdings Equity-to-Asset Historical Data

The historical data trend for Lvji Technology 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.

Lvji Technology Holdings Equity-to-Asset Chart

Lvji Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.92 0.95 0.88 0.90 0.88

Lvji Technology Holdings Semi-Annual Data
Dec16 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 0.88 0.87 0.90 0.88 0.88

Competitive Comparison of Lvji Technology Holdings's Equity-to-Asset

For the Travel Services subindustry, Lvji Technology 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.


Lvji Technology Holdings's Equity-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lvji Technology Holdings's Equity-to-Asset distribution charts can be found below:

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



Lvji Technology 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.

Lvji Technology 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
=1001.043/1135.69
=0.88

Lvji Technology 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
=1001.043/1135.69
=0.88

* 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.


Lvji Technology Holdings  (HKSE:01745) 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%.


Lvji Technology Holdings Equity-to-Asset Related Terms

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


Lvji Technology Holdings (HKSE:01745) Business Description

Traded in Other Exchanges
N/A
Address
Room 501, 238 Gaotang Road, Tianhe District, Guangzhou, CHN
Lvji Technology Holdings Inc is an online tour guide provider. The company deploys software on its cloud system to provide online tour guides with proprietary contents, which include illustrated maps of tourist attractions, editorial contents and voice-over commentaries of points of interest in the tourist attractions and are implemented to include functions such as real time navigation. It generates revenue from sales of online tour guides through OTAs.
Executives
Lu Jia Technology Holdings Limited
Zang Weizhong 2101 Beneficial owner
Mithaq Capital 2201 Interest of corporation controlled by you
Mithaq Capital Spc 2101 Beneficial owner
Mithaq Global 2201 Interest of corporation controlled by you
Zang Weizhong 2101 Beneficial owner
Fan Bao Guo 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Chun Hua Yong Tai Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Dong Ying Ling Long Jin Shan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Ying Chun Hua Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Sunrise Boulevard Investments Limited 2101 Beneficial owner
Fu Zhekuan 2201 Interest of corporation controlled by you
Shen Zhen Shi Qi Fu Zi Ben Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Qian Fu Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Jie Ming Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

Lvji Technology Holdings (HKSE:01745) Headlines

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