Yu Tak International Holdings (HKSE:08048) Equity-to-Asset : 0.71 (As of Dec. 2023)

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What is Yu Tak International Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yu Tak International Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$81.49 Mil. Yu Tak International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$114.96 Mil. Therefore, Yu Tak International Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.71.

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

HKSE:08048' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.72 Max: 0.84
Current: 0.71

During the past 13 years, the highest Equity to Asset Ratio of Yu Tak International Holdings was 0.84. The lowest was 0.54. And the median was 0.72.

HKSE:08048's Equity-to-Asset is ranked better than
72.73% of 2853 companies
in the Software industry
Industry Median: 0.55 vs HKSE:08048: 0.71

Yu Tak International Holdings Equity-to-Asset Historical Data

The historical data trend for Yu Tak International 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.

Yu Tak International Holdings Equity-to-Asset Chart

Yu Tak International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.84

0.83

0.81

0.71

Yu Tak International 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															0.81	-	0.81	-	0.71

Competitive Comparison of Yu Tak International Holdings's Equity-to-Asset

For the Software - Application subindustry, Yu Tak International 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.

Yu Tak International Holdings's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Yu Tak International Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yu Tak International Holdings's Equity-to-Asset falls into.

Yu Tak International 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.

Yu Tak International 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
	=	81.492	/	114.962
	=	0.71

Yu Tak International 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
	=	81.492	/	114.962
	=	0.71

Yu Tak International Holdings (HKSE:08048) 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%.

Yu Tak International Holdings Equity-to-Asset Related Terms

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

Yu Tak International Holdings (HKSE:08048) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Yu Tak International Holdings Ltd (HKSE:08048) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

199, Des Voeux Road Central, 35/F Infinitius Plaza, Sheung Wan, Hong Kong, HKG

Website

http://www.hkjewelry.net

Yu Tak International Holdings Limited, formerly Hong Kong Jewellery Holding Limited, is a Hong Kong-based investment holding company principally engaged in information technology (IT) related businesses. The Company operates through two business segments. The Jewelry Products segment is engaged in the design and sales of gold and jewelry products. The IT Products and Services segment is engaged in the provision of information technology services, including systems integration and professional services, as well as the sales of products, including enterprise software products. sia.

Executives

Lau Cheunghung	2101 Beneficial owner
Ocean Expert Investments Limited	2101 Beneficial owner
Li Xia	2201 Interest of corporation controlled by you
Flourish Zone Limited	2101 Beneficial owner
Ck Hutchison Holdings Limited
Chen Yin

Yu Tak International Holdings (HKSE:08048) Headlines

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