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Wong's Kong King International (Holdings) (HKSE:00532) Equity-to-Asset : 0.50 (As of Dec. 2023)


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What is Wong's Kong King International (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wong's Kong King International (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,577 Mil. Wong's Kong King International (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was HK$3,153 Mil. Therefore, Wong's Kong King International (Holdings)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

The historical rank and industry rank for Wong's Kong King International (Holdings)'s Equity-to-Asset or its related term are showing as below:

HKSE:00532' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.45   Med: 0.47   Max: 0.53
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Wong's Kong King International (Holdings) was 0.53. The lowest was 0.45. And the median was 0.47.

HKSE:00532's Equity-to-Asset is ranked worse than
60.77% of 2493 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:00532: 0.50

Wong's Kong King International (Holdings) Equity-to-Asset Historical Data

The historical data trend for Wong's Kong King 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.

Wong's Kong King International (Holdings) Equity-to-Asset Chart

Wong's Kong King International (Holdings) 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 0.47 0.52 0.47 0.47 0.50

Wong's Kong King International (Holdings) 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 0.47 0.43 0.47 0.48 0.50

Competitive Comparison of Wong's Kong King International (Holdings)'s Equity-to-Asset

For the Electronic Components subindustry, Wong's Kong King 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.


Wong's Kong King International (Holdings)'s Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wong's Kong King International (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Wong's Kong King International (Holdings)'s Equity-to-Asset falls into.



Wong's Kong King 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.

Wong's Kong King 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
=1576.849/3152.552
=0.50

Wong's Kong King 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
=1576.849/3152.552
=0.50

* 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.


Wong's Kong King International (Holdings)  (HKSE:00532) 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%.


Wong's Kong King International (Holdings) Equity-to-Asset Related Terms

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


Wong's Kong King International (Holdings) (HKSE:00532) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Lam Chak Street, 17th Floor, Harbourside HQ, Kowloon Bay, Hong Kong, HKG
Wong's Kong King International (Holdings) Ltd is an investment holding company. It operates in two segments Trading and Manufacturing. The trading segment is engaged in the trading and distribution of chemicals, materials, and equipment used in the manufacturing of printed circuit boards and electronic products. Its Manufacturing segment is engaged in the manufacturing of electrical and electronic products for original equipment manufacturers. The company derives the majority of its revenue from the Trading segment. Geographically, it generates maximum revenue from Hong Kong, Mainland China, and Taiwan and also has a presence in North America and Europe.
Executives
Wong Senta 2101 Beneficial owner
Cantrust (far East) Limited 2301 Trustee
Chang Jui Shum Victor 2202 Interest of your spouse
Wong Vinci 2201 Interest of corporation controlled by you
Wong Chung Yin 2101 Beneficial owner
Greatfamily Inc.
Greatguy (ptc) Inc. (formerly Known As Greatguy Inc.)

Wong's Kong King International (Holdings) (HKSE:00532) Headlines

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