Continental Aerospace Technologies Holding (HKSE:00232) Equity-to-Asset : 0.75 (As of Dec. 2023)

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What is Continental Aerospace Technologies Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Continental Aerospace Technologies Holding's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,995 Mil. Continental Aerospace Technologies Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$3,979 Mil. Therefore, Continental Aerospace Technologies Holding's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.75.

The historical rank and industry rank for Continental Aerospace Technologies Holding's Equity-to-Asset or its related term are showing as below:

HKSE:00232' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.71 Max: 0.8
Current: 0.75

During the past 13 years, the highest Equity to Asset Ratio of Continental Aerospace Technologies Holding was 0.80. The lowest was 0.32. And the median was 0.71.

HKSE:00232's Equity-to-Asset is ranked better than
85.08% of 315 companies
in the Aerospace & Defense industry
Industry Median: 0.45 vs HKSE:00232: 0.75

Continental Aerospace Technologies Holding Equity-to-Asset Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Equity-to-Asset Chart

Continental Aerospace Technologies Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.75

0.68

0.74

0.75

Continental Aerospace Technologies Holding 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															0.74	0.74	0.74	0.74	0.75

Competitive Comparison of Continental Aerospace Technologies Holding's Equity-to-Asset

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding's Equity-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Equity-to-Asset falls into.

Continental Aerospace Technologies Holding 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.

Continental Aerospace Technologies Holding'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
	=	2995.461	/	3979.064
	=	0.75

Continental Aerospace Technologies Holding'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
	=	2995.461	/	3979.064
	=	0.75

Continental Aerospace Technologies Holding (HKSE:00232) 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%.

Continental Aerospace Technologies Holding Equity-to-Asset Related Terms

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Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (HKSE:00232) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

CTQ0:Germany

Address

95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG

Website

https://www.avic.com.hk

Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.

Executives

Aviation Industry Corporation Of China, Ltd	2201 Interest of corporation controlled by you
Avic International Holding Corporation	2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

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