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Gold Peak Technology Group (HKSE:00040) Equity-to-Asset : 0.20 (As of Sep. 2023)


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What is Gold Peak Technology Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gold Peak Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,571 Mil. Gold Peak Technology Group's Total Assets for the quarter that ended in Sep. 2023 was HK$7,720 Mil. Therefore, Gold Peak Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.20.

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

HKSE:00040' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18   Med: 0.21   Max: 0.25
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Gold Peak Technology Group was 0.25. The lowest was 0.18. And the median was 0.21.

HKSE:00040's Equity-to-Asset is ranked worse than
91.91% of 2484 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:00040: 0.20

Gold Peak Technology Group Equity-to-Asset Historical Data

The historical data trend for Gold Peak Technology 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.

Gold Peak Technology Group Equity-to-Asset Chart

Gold Peak Technology Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.18 0.20 0.23 0.21

Gold Peak Technology Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.23 0.21 0.21 0.20

Competitive Comparison of Gold Peak Technology Group's Equity-to-Asset

For the Electronic Components subindustry, Gold Peak Technology 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.


Gold Peak Technology Group's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gold Peak Technology Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Gold Peak Technology Group's Equity-to-Asset falls into.



Gold Peak Technology 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.

Gold Peak Technology Group'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
=1701.269/8268.065
=0.21

Gold Peak Technology Group'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
=1570.619/7720.335
=0.20

* 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.


Gold Peak Technology Group  (HKSE:00040) 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%.


Gold Peak Technology Group Equity-to-Asset Related Terms

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Gold Peak Technology Group (HKSE:00040) Business Description

Traded in Other Exchanges
N/A
Address
12 Science Park West Avenue, 9th Floor, Building 12W, Phase 3, Hong Kong Science Park, Pak Shek Kok, New Territories, Hong Kong, HKG
Gold Peak Technology Group Ltd is an Asian multinational group that owns industrial investment and it is an industrial investment vehicle. The company is operating its business through its subsidiaries which are engaged in the development, manufacture, marketing and trading of batteries, electronics and acoustics products, automotive wire harness, batteries and battery-related products. It operates in three segments namely, Electronics, Batteries, and Other investment. It generates a major part of the revenue from the sale of batteries.

Gold Peak Technology Group (HKSE:00040) Headlines

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