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Wai Kee Holdings (HKSE:00610) Equity-to-Asset : 0.50 (As of Jun. 2024)


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What is Wai Kee Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wai Kee Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$7,475 Mil. Wai Kee Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$14,995 Mil. Therefore, Wai Kee Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.50.

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

HKSE:00610' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5   Med: 0.6   Max: 0.72
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of Wai Kee Holdings was 0.72. The lowest was 0.50. And the median was 0.60.

HKSE:00610's Equity-to-Asset is ranked better than
58.91% of 1740 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:00610: 0.50

Wai Kee Holdings Equity-to-Asset Historical Data

The historical data trend for Wai Kee 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.

Wai Kee Holdings Equity-to-Asset Chart

Wai Kee 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 0.59 0.64 0.58 0.57 0.50

Wai Kee Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.59 0.57 0.55 0.50 0.50

Competitive Comparison of Wai Kee Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Wai Kee 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.


Wai Kee Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wai Kee Holdings's Equity-to-Asset distribution charts can be found below:

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



Wai Kee 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.

Wai Kee 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
=8098.319/16355.574
=0.50

Wai Kee Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=7474.644/14995.161
=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.


Wai Kee Holdings  (HKSE:00610) 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%.


Wai Kee Holdings Equity-to-Asset Related Terms

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


Wai Kee Holdings Business Description

Traded in Other Exchanges
N/A
Address
98 Granville Road, Unit 1103, 11th Floor, East Ocean Centre, Tsimshatsui, Kowloon, HKG
Wai Kee Holdings Ltd is engaged in construction and material businesses. It operates through four business segments. The Construction, sewage treatment and steam fuel segment, which is the key revenue generating segment, is engaged in the construction of civil engineering and building projects and operation of sewage treatment plant and steam fuel plant. Construction Materials segment is engaged in the production and sales of concrete and asphalt. Quarrying segment is engaged in the production and sales of quarry products. Property development and investment, toll road, investment and asset management segment is engaged in the strategic investment in Road King, an associate of the Group. Its prime geographical areas of operation includes Hong Kong and China.
Executives
Zen Wei Pao, William 2101 Beneficial owner
Zen Wei Peu 2402 A person making a loan or providing security
Cheng Yu Tung Family (holdings Ii) Limited 2201 Interest of corporation controlled by you
Cheng Yu Tung Family (holdings) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook (holding) Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Capital Limited 2201 Interest of corporation controlled by you
Chow Tai Fook Enterprises Limited 2201 Interest of corporation controlled by you
Century Acquisition Limited 2201 Interest of corporation controlled by you
Nws Holdings Limited 2201 Interest of corporation controlled by you
New World Development Company Limited 2201 Interest of corporation controlled by you

Wai Kee Holdings Headlines

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