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HSBC China Dragon Fund (HKSE:820) Equity-to-Asset : 0.99 (As of Sep. 2023)


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What is HSBC China Dragon Fund Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HSBC China Dragon Fund's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$463.54 Mil. HSBC China Dragon Fund's Total Assets for the quarter that ended in Sep. 2023 was HK$466.70 Mil. Therefore, HSBC China Dragon Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.99.

The historical rank and industry rank for HSBC China Dragon Fund's Equity-to-Asset or its related term are showing as below:

HKSE:820' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82   Med: 0.99   Max: 1
Current: 0.99

During the past 7 years, the highest Equity to Asset Ratio of HSBC China Dragon Fund was 1.00. The lowest was 0.82. And the median was 0.99.

HKSE:820's Equity-to-Asset is ranked better than
90.44% of 1726 companies
in the Asset Management industry
Industry Median: 0.83 vs HKSE:820: 0.99

HSBC China Dragon Fund Equity-to-Asset Historical Data

The historical data trend for HSBC China Dragon Fund'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.

HSBC China Dragon Fund Equity-to-Asset Chart

HSBC China Dragon Fund Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.97 0.99 0.98 0.99 0.99

HSBC China Dragon Fund Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.99 0.99 1.00 0.99 0.99

Competitive Comparison of HSBC China Dragon Fund's Equity-to-Asset

For the Asset Management subindustry, HSBC China Dragon Fund'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.


HSBC China Dragon Fund's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HSBC China Dragon Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HSBC China Dragon Fund's Equity-to-Asset falls into.



HSBC China Dragon Fund 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.

HSBC China Dragon Fund's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=529.39/535.968
=0.99

HSBC China Dragon Fund's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )=Total Stockholders Equity/Total Assets
=463.537/466.7
=0.99

* 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.


HSBC China Dragon Fund  (HKSE:820) 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%.


HSBC China Dragon Fund Equity-to-Asset Related Terms

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HSBC China Dragon Fund (HKSE:820) Business Description

Traded in Other Exchanges
N/A
Address
1 Queen's Road Central, Level 22, HSBC Main Building, Hong Kong, HKG
HSBC China Dragon Fund is an asset management company. The firm's investment objective is to achieve long-term capital growth by investing in listed companies.
Executives
Metage Capital Limited 2102 Investment manager
Lazard Asset Management Llc 2102 Investment manager

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