STAR CM Holdings (HKSE:06698) Equity-to-Asset : 0.90 (As of Dec. 2023)

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What is STAR CM Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. STAR CM Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,150.3 Mil. STAR CM Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$3,517.5 Mil. Therefore, STAR CM Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.90.

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

HKSE:06698' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75 Med: 0.88 Max: 0.9
Current: 0.9

During the past 5 years, the highest Equity to Asset Ratio of STAR CM Holdings was 0.90. The lowest was 0.75. And the median was 0.88.

HKSE:06698's Equity-to-Asset is ranked better than
95.38% of 1061 companies
in the Media - Diversified industry
Industry Median: 0.51 vs HKSE:06698: 0.90

STAR CM Holdings Equity-to-Asset Historical Data

The historical data trend for STAR CM 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.

STAR CM Holdings Equity-to-Asset Chart

STAR CM Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

0.75

0.76

0.88

0.89

0.90

STAR CM Holdings Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial			0.88	0.90	0.89	0.91	0.90

Competitive Comparison of STAR CM Holdings's Equity-to-Asset

For the Entertainment subindustry, STAR CM 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.

STAR CM Holdings's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, STAR CM Holdings's Equity-to-Asset distribution charts can be found below:

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

STAR CM 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.

STAR CM 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
	=	3150.296	/	3517.463
	=	0.90

STAR CM 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
	=	3150.296	/	3517.463
	=	0.90

STAR CM Holdings (HKSE:06698) 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%.

STAR CM Holdings Equity-to-Asset Related Terms

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

STAR CM Holdings (HKSE:06698) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » STAR CM Holdings Ltd (HKSE:06698) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 300 Hankou Road, 17th Floor, Jiefang Building, Shanghai, CHN

Website

http://www.starcmgroup.com

STAR CM Holdings Ltd is engaged in the variety program IP production, operation, and licensing, music IP operation and licensing, film and drama series IP operation and licensing and other IP-related business. Geographically, the company derives majority of revenue from Mainland China.

Executives

Beamingstars Investment Holdings Limited	2501 Other
Chinese Culture (shanghai) Equity Investment Center (l.p.)	2501 Other
Chinese Culture (tianjin) Investment Management Co., Ltd.	2501 Other
East Brothers Investment Holdings Limited	2501 Other
Goldenbroad Investment Holdings Limited	2501 Other
Harvest Sky Investment Holdings Limited	2501 Other
Jin Lei	2501 Other
Shanghai Zhihua Enterprise Management Partnership (limited Partnership)	2501 Other
Unionstars Investment Holdings Limited	2101 Beneficial owner
Xu Xiangdong	2501 Other
Tian Ming	2501 Other
Tibet Yuanhe Enterprise Management Co., Ltd.	2101 Beneficial owner
Zhefu Holding Group Co., Ltd.	2201 Interest of corporation controlled by you

STAR CM Holdings (HKSE:06698) Headlines

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