Twintek Investment Holdings (HKSE:06182) Equity-to-Asset : 0.56 (As of Sep. 2023)

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What is Twintek Investment Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Twintek Investment Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$112.2 Mil. Twintek Investment Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$201.0 Mil. Therefore, Twintek Investment Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.56.

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

HKSE:06182' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.65 Max: 0.75
Current: 0.56

During the past 9 years, the highest Equity to Asset Ratio of Twintek Investment Holdings was 0.75. The lowest was 0.20. And the median was 0.65.

HKSE:06182's Equity-to-Asset is ranked better than
67.02% of 1683 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:06182: 0.56

Twintek Investment Holdings Equity-to-Asset Historical Data

The historical data trend for Twintek Investment 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.

Twintek Investment Holdings Equity-to-Asset Chart

Twintek Investment Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.75

0.68

0.67

0.62

0.56

Twintek Investment Holdings Semi-Annual Data
	Mar15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial											0.66	0.62	0.58	0.56	0.56

Competitive Comparison of Twintek Investment Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Twintek Investment 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.

Twintek Investment Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Twintek Investment Holdings's Equity-to-Asset distribution charts can be found below:

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

Twintek Investment 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.

Twintek Investment Holdings'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
	=	129.083	/	231.158
	=	0.56

Twintek Investment Holdings'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
	=	112.2	/	201.043
	=	0.56

Twintek Investment Holdings (HKSE:06182) 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%.

Twintek Investment Holdings Equity-to-Asset Related Terms

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

Twintek Investment Holdings (HKSE:06182) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Twintek Investment Holdings Ltd (HKSE:06182) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1065 King's Road, Quarry Bay, Room 806, 8th Floor, Eastern Centre, Hong Kong, HKG

Website

https://www.kwantaieng.com

Twintek Investment Holdings Ltd is a building materials contractor. The company offers building materials and relevant installation services mainly in Hong Kong. Its products include timber flooring products; interior wall-fill materials, in particular, gypsum block and drywall partition products interior composite panel lining, in particular, SPC wall panels, and woodwork products; and roof tiles. The Group's revenue was generated from two segments of construction contracts, sales of building materials A majority of revenue is generated from the Construction contract segment. The group's operations are located in Hong Kong.

Executives

Helios Enterprise Holding Limited	2101 Beneficial owner
Fung Pik Mei	2202 Interest of your spouse
Lo Wing Cheung	2201 Interest of corporation controlled by you

Twintek Investment Holdings (HKSE:06182) Headlines

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