Hao Wen Holdings (HKSE:08019) Equity-to-Asset : 0.77 (As of Dec. 2023)

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What is Hao Wen Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hao Wen Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$320.18 Mil. Hao Wen Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$414.18 Mil. Therefore, Hao Wen Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.77.

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

HKSE:08019' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67 Med: 0.86 Max: 0.94
Current: 0.77

During the past 13 years, the highest Equity to Asset Ratio of Hao Wen Holdings was 0.94. The lowest was 0.67. And the median was 0.86.

HKSE:08019's Equity-to-Asset is ranked better than
77.9% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs HKSE:08019: 0.77

Hao Wen Holdings Equity-to-Asset Historical Data

The historical data trend for Hao Wen 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.

Hao Wen Holdings Equity-to-Asset Chart

Hao Wen Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.89

0.88

0.84

0.82

0.77

Hao Wen Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.82	-	0.81	-	0.77

Competitive Comparison of Hao Wen Holdings's Equity-to-Asset

For the Credit Services subindustry, Hao Wen 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.

Hao Wen Holdings's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Hao Wen Holdings's Equity-to-Asset distribution charts can be found below:

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

Hao Wen 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.

Hao Wen 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
	=	320.178	/	414.177
	=	0.77

Hao Wen 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
	=	320.178	/	414.177
	=	0.77

Hao Wen Holdings (HKSE:08019) 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%.

Hao Wen Holdings Equity-to-Asset Related Terms

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

Hao Wen Holdings (HKSE:08019) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Hao Wen Holdings Ltd (HKSE:08019) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Des Voeux Road Central, Level 12, Infinitus Plaza, Sheung Wan, Hong Kong, HKG

Website

https://www.tricor.com.hk

Hao Wen Holdings Ltd is an investment holding company. The Company's operating and reportable segments are as follows, i) the Money Lending segment engages in interest income earned from the money lending business; ii) the Electronic Parts segment engages in trading of electronic parts business; iii) the Burial Business segment engages in sales of burial plots and related services business and cemetery maintenance service; and iv) the Beauty Business segment engages in the provision of non-surgical injection treatments with no upfront payment and sales of beauty products.

Hao Wen Holdings (HKSE:08019) Headlines

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