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Silkwave (HKSE:00471) Equity-to-Asset : 0.62 (As of Dec. 2023)


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What is Silkwave Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Silkwave's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$217.43 Mil. Silkwave's Total Assets for the quarter that ended in Dec. 2023 was HK$349.76 Mil. Therefore, Silkwave's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

HKSE:00471' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.72   Max: 0.78
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Silkwave was 0.78. The lowest was 0.57. And the median was 0.72.

HKSE:00471's Equity-to-Asset is ranked better than
60.96% of 2477 companies
in the Hardware industry
Industry Median: 0.56 vs HKSE:00471: 0.62

Silkwave Equity-to-Asset Historical Data

The historical data trend for Silkwave'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.

Silkwave Equity-to-Asset Chart

Silkwave Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.57 0.58 0.73 0.62

Silkwave 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 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 0.58 0.68 0.73 0.77 0.62

Competitive Comparison of Silkwave's Equity-to-Asset

For the Electronics & Computer Distribution subindustry, Silkwave'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.


Silkwave's Equity-to-Asset Distribution in the Hardware Industry

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

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



Silkwave 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.

Silkwave'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
=217.425/349.762
=0.62

Silkwave'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
=217.425/349.762
=0.62

* 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.


Silkwave  (HKSE:00471) 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%.


Silkwave Equity-to-Asset Related Terms

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


Silkwave Business Description

Traded in Other Exchanges
N/A
Address
100 Cyberport Road, Unit 1211, Level 12, Core F, Cyberport 3, Hong Kong, HKG
Silkwave Inc along with its subsidiaries, is principally engaged in the development and promotion of converged mobile multimedia broadcasting (CMMB)-based multimedia and interactive services via proprietary terrestrial infrastructure. The business operates through segments that are the CMMB business which provides transmission and broadcasting of television programs, and Trading Business which trades printed circuit board material. The majority is from the Trading business. Geographically, it operates in the United States, Taiwan, PRC, and Hong Kong. The majority is derived from Taiwan.
Executives
Chi Capital Holdings Ltd. 2201 Interest of corporation controlled by you
Wong Chau Chi 2201 Interest of corporation controlled by you
Ample Cheer Limited
Kingston Finance Limited
Chu Yuet Wah
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2102 Investment manager
Chan Kin 2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund Iii Lp 2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited 2102 Investment manager
Chi Capital Securities Limited
Cantonment Road Limited 2201 Interest of corporation controlled by you
Rachini Alley Limited 2501 Other

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