Hanhua Financial Holding Co (HKSE:03903) Equity-to-Asset : 0.56 (As of Dec. 2023)

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What is Hanhua Financial Holding Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hanhua Financial Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,066.9 Mil. Hanhua Financial Holding Co's Total Assets for the quarter that ended in Dec. 2023 was HK$14,396.7 Mil. Therefore, Hanhua Financial Holding Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.56.

The historical rank and industry rank for Hanhua Financial Holding Co's Equity-to-Asset or its related term are showing as below:

HKSE:03903' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.49 Max: 0.64
Current: 0.56

During the past 11 years, the highest Equity to Asset Ratio of Hanhua Financial Holding Co was 0.64. The lowest was 0.37. And the median was 0.49.

HKSE:03903's Equity-to-Asset is ranked better than
64.09% of 543 companies
in the Credit Services industry
Industry Median: 0.37 vs HKSE:03903: 0.56

Hanhua Financial Holding Co Equity-to-Asset Historical Data

The historical data trend for Hanhua Financial Holding Co'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.

Hanhua Financial Holding Co Equity-to-Asset Chart

Hanhua Financial Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.41

0.50

0.59

0.64

0.56

Hanhua Financial Holding Co 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															0.59	0.63	0.64	0.63	0.56

Competitive Comparison of Hanhua Financial Holding Co's Equity-to-Asset

For the Credit Services subindustry, Hanhua Financial Holding Co'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.

Hanhua Financial Holding Co's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hanhua Financial Holding Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hanhua Financial Holding Co's Equity-to-Asset falls into.

Hanhua Financial Holding Co 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.

Hanhua Financial Holding Co'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
	=	8066.942	/	14396.743
	=	0.56

Hanhua Financial Holding Co'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
	=	8066.942	/	14396.743
	=	0.56

Hanhua Financial Holding Co (HKSE:03903) 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%.

Hanhua Financial Holding Co Equity-to-Asset Related Terms

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Hanhua Financial Holding Co (HKSE:03903) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Hanhua Financial Holding Co Ltd (HKSE:03903) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 East Honghu Road, 6-9, Building 2, Yubei District, Chongqing, CHN

Website

https://www.hanhua.com

Hanhua Financial Holding Co Ltd is engaged in the investment business, investment management, and investment advisory. The company offers financial services to serve the financing and business needs of SMEs and microenterprises under several business lines such as credit guarantee, small loans, internet finance, financial factoring, capital management, and financing leases in China. Its segment includes partnership finance business; SME lending; capital investment and management; and others. It derives revenue by provision of integrated financial services and solutions such as credit guarantee business and capital business (capital business includes accounts receivables for factoring business, bill discount business, and entrusted loans), financial assets management, and other services.

Hanhua Financial Holding Co (HKSE:03903) Headlines

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