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Kinetic Development Group (HKSE:01277) Equity-to-Asset : 0.67 (As of Dec. 2023)


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What is Kinetic Development Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kinetic Development Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$8,059 Mil. Kinetic Development Group's Total Assets for the quarter that ended in Dec. 2023 was HK$11,964 Mil. Therefore, Kinetic Development Group's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.67.

The historical rank and industry rank for Kinetic Development Group's Equity-to-Asset or its related term are showing as below:

HKSE:01277' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36   Med: 0.66   Max: 0.76
Current: 0.67

During the past 13 years, the highest Equity to Asset Ratio of Kinetic Development Group was 0.76. The lowest was 0.36. And the median was 0.66.

HKSE:01277's Equity-to-Asset is ranked better than
56.91% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs HKSE:01277: 0.67

Kinetic Development Group Equity-to-Asset Historical Data

The historical data trend for Kinetic Development Group'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.

Kinetic Development Group Equity-to-Asset Chart

Kinetic Development Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.75 0.76 0.67 0.67

Kinetic Development Group 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.76 0.58 0.67 0.64 0.67

Competitive Comparison of Kinetic Development Group's Equity-to-Asset

For the Thermal Coal subindustry, Kinetic Development Group'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.


Kinetic Development Group's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Kinetic Development Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kinetic Development Group's Equity-to-Asset falls into.



Kinetic Development Group 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.

Kinetic Development Group'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
=8058.799/11963.659
=0.67

Kinetic Development Group'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
=8058.799/11963.659
=0.67

* 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.


Kinetic Development Group  (HKSE:01277) 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%.


Kinetic Development Group Equity-to-Asset Related Terms

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Kinetic Development Group (HKSE:01277) Business Description

Traded in Other Exchanges
N/A
Address
Dafanpu Coal Mine, Majiata Village, Xuejiawan Town Zhunge’er Banner, Ordos City Inner Mongolia, Ordos City, CHN
Kinetic Development Group Ltd is engaged in the extraction and sales of coal products. It also operates in other activities which include coal production and washing, coal loading and transportation, and coal trading. Its customer base includes large-scale state-owned enterprises, trading firms, and terminal power plants. The company focuses on the development and operation of the Dafanpu Coal Mine situated in Erdos City, the Xiaojia loading station, and its associated rail spur lines. The reportable segments of the company are the coal mining segment and other segment (mainly including planting and properties operations).

Kinetic Development Group (HKSE:01277) Headlines

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