Best Linking Group Holdings (HKSE:09882) Equity-to-Asset : 0.81 (As of Jun. 2023)

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What is Best Linking Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Best Linking Group Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$138.9 Mil. Best Linking Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$172.6 Mil. Therefore, Best Linking Group Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.81.

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

HKSE:09882' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.8 Med: 0.9 Max: 0.96
Current: 0.9

During the past 7 years, the highest Equity to Asset Ratio of Best Linking Group Holdings was 0.96. The lowest was 0.80. And the median was 0.90.

HKSE:09882's Equity-to-Asset is ranked better than
96.14% of 3033 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:09882: 0.90

Best Linking Group Holdings Equity-to-Asset Historical Data

The historical data trend for Best Linking Group 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.

Best Linking Group Holdings Equity-to-Asset Chart

Best Linking Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.91

0.94

0.90

0.96

0.90

Best Linking Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															-	0.96	-	0.81	0.90

Competitive Comparison of Best Linking Group Holdings's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Best Linking Group 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.

Best Linking Group Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Best Linking Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Best Linking Group Holdings's Equity-to-Asset falls into.

Best Linking Group 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.

Best Linking Group 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
	=	147.66	/	164.857
	=	0.90

Best Linking Group Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	138.9	/	172.619
	=	0.80

Best Linking Group Holdings (HKSE:09882) 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%.

Best Linking Group Holdings Equity-to-Asset Related Terms

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

Best Linking Group Holdings (HKSE:09882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Best Linking Group Holdings Ltd (HKSE:09882) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Gongye 2nd Cross Road, Tutang 2nd Industrial Zone, Changping, Guangdong, Dongguan, CHN

Website

https://www.blg.hk

Best Linking Group Holdings Ltd is a slewing ring manufacturer in China. These slewing rings have applications in the areas of construction machinery and equipment, wind turbines, military equipment, and robotics. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Hong Kong, Japan, United States, China, Taiwan, Canada, Northern Island, Thailand, and other countries.

Best Linking Group Holdings (HKSE:09882) Headlines

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