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Midea Real Estate Holding (HKSE:03990) Equity-to-Asset : 0.13 (As of Dec. 2023)


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What is Midea Real Estate Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Midea Real Estate Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$27,683 Mil. Midea Real Estate Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$220,483 Mil. Therefore, Midea Real Estate Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.13.

The historical rank and industry rank for Midea Real Estate Holding's Equity-to-Asset or its related term are showing as below:

HKSE:03990' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 0.13
Current: 0.13

During the past 9 years, the highest Equity to Asset Ratio of Midea Real Estate Holding was 0.13. The lowest was 0.04. And the median was 0.08.

HKSE:03990's Equity-to-Asset is ranked worse than
90.03% of 1836 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:03990: 0.13

Midea Real Estate Holding Equity-to-Asset Historical Data

The historical data trend for Midea Real Estate Holding'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.

Midea Real Estate Holding Equity-to-Asset Chart

Midea Real Estate Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.08 0.08 0.08 0.10 0.13

Midea Real Estate Holding Semi-Annual Data
Dec15 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 Premium Member Only 0.08 0.09 0.10 0.11 0.13

Competitive Comparison of Midea Real Estate Holding's Equity-to-Asset

For the Real Estate Services subindustry, Midea Real Estate Holding'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.


Midea Real Estate Holding's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Midea Real Estate Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Midea Real Estate Holding's Equity-to-Asset falls into.



Midea Real Estate Holding 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.

Midea Real Estate Holding'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
=27682.793/220483.078
=0.13

Midea Real Estate Holding'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
=27682.793/220483.078
=0.13

* 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.


Midea Real Estate Holding  (HKSE:03990) 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%.


Midea Real Estate Holding Equity-to-Asset Related Terms

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Midea Real Estate Holding (HKSE:03990) Business Description

Traded in Other Exchanges
Address
No.1 Chengde Road, 34th Floor, Tower 4, Midea Real Estate Plaza, Shunde District, Guangdong Province, Foshan, CHN, 528311
Midea Real Estate Holding Ltd is a real estate development company that offers real estate services. It operates through three principal business segments: Property development and sales; Property management services; and Investment and operation of commercial properties. Property development and sales generates most of the revenue.
Executives
He Jianfeng 2202 Interest of your spouse
He Xiangjian 2103 Interests held jointly with another person
Midea Development Holding (bvi) Limited 2101 Beneficial owner
Lu Deyan 2201 Interest of corporation controlled by you
Ya Ge Er Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner

Midea Real Estate Holding (HKSE:03990) Headlines

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