Luyuan Group Holding (Cayman) (HKSE:02451) Equity-to-Asset : 0.40 (As of Dec. 2023)

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What is Luyuan Group Holding (Cayman) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Luyuan Group Holding (Cayman)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,671 Mil. Luyuan Group Holding (Cayman)'s Total Assets for the quarter that ended in Dec. 2023 was HK$4,225 Mil. Therefore, Luyuan Group Holding (Cayman)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

The historical rank and industry rank for Luyuan Group Holding (Cayman)'s Equity-to-Asset or its related term are showing as below:

HKSE:02451' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.27 Max: 0.4
Current: 0.4

During the past 4 years, the highest Equity to Asset Ratio of Luyuan Group Holding (Cayman) was 0.40. The lowest was 0.21. And the median was 0.27.

HKSE:02451's Equity-to-Asset is ranked worse than
60.93% of 1308 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs HKSE:02451: 0.40

Luyuan Group Holding (Cayman) Equity-to-Asset Historical Data

The historical data trend for Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman) Equity-to-Asset Chart

Luyuan Group Holding (Cayman) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.32

0.21

0.40

Luyuan Group Holding (Cayman) Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Equity-to-Asset	0.32	0.21	0.21	0.40

Competitive Comparison of Luyuan Group Holding (Cayman)'s Equity-to-Asset

For the Auto Manufacturers subindustry, Luyuan Group Holding (Cayman)'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.

Luyuan Group Holding (Cayman)'s Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luyuan Group Holding (Cayman)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Luyuan Group Holding (Cayman)'s Equity-to-Asset falls into.

Luyuan Group Holding (Cayman) 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.

Luyuan Group Holding (Cayman)'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
	=	1670.818	/	4224.7
	=	0.40

Luyuan Group Holding (Cayman)'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
	=	1670.818	/	4224.7
	=	0.40

Luyuan Group Holding (Cayman) (HKSE:02451) 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%.

Luyuan Group Holding (Cayman) Equity-to-Asset Related Terms

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

Luyuan Group Holding (Cayman) (HKSE:02451) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Luyuan Group Holding (Cayman) Ltd (HKSE:02451) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 168 Shicheng Street, Jinhua Industry Zone, Zhejiang, Jinhua, CHN

Website

https://www.luyuan.cn

Luyuan Group Holding (Cayman) Ltd is an electric two-wheeled vehicle provider in mainland China, focusing on the design, research and development, manufacturing and selling of electric two-wheeled vehicles. It has built an offline sales and distribution network and embraced informatization and established online retail channels, continuously improving the penetration and coverage of its products.

Executives

Dingman David Ross	2201 Interest of corporation controlled by you
Shipston Electric Vehicle Limited	2101 Beneficial owner
Shipston Evl Holdings Limited	2201 Interest of corporation controlled by you
Shipston Group Limited	2201 Interest of corporation controlled by you
Stonor Group Limited	2201 Interest of corporation controlled by you
Dingman David Ross	2201 Interest of corporation controlled by you
Hu Jihong	2201 Interest of corporation controlled by you
Ni Jie	2201 Interest of corporation controlled by you
Apex Marine Investments Limited	2101 Beneficial owner
Drago Investments Limited	2101 Beneficial owner

Luyuan Group Holding (Cayman) (HKSE:02451) Headlines

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