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EVA Precision Industrial Holdings (HKSE:00838) Equity-to-Asset : 0.40 (As of Dec. 2023)


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What is EVA Precision Industrial Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. EVA Precision Industrial Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$2,998 Mil. EVA Precision Industrial Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$7,440 Mil. Therefore, EVA Precision Industrial Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.40.

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

HKSE:00838' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.44   Max: 0.5
Current: 0.4

During the past 13 years, the highest Equity to Asset Ratio of EVA Precision Industrial Holdings was 0.50. The lowest was 0.39. And the median was 0.44.

HKSE:00838's Equity-to-Asset is ranked worse than
75.44% of 3034 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:00838: 0.40

EVA Precision Industrial Holdings Equity-to-Asset Historical Data

The historical data trend for EVA Precision Industrial 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.

EVA Precision Industrial Holdings Equity-to-Asset Chart

EVA Precision Industrial 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 0.44 0.43 0.42 0.39 0.40

EVA Precision Industrial 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 0.42 0.42 0.39 0.39 0.40

Competitive Comparison of EVA Precision Industrial Holdings's Equity-to-Asset

For the Metal Fabrication subindustry, EVA Precision Industrial 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.


EVA Precision Industrial Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVA Precision Industrial Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where EVA Precision Industrial Holdings's Equity-to-Asset falls into.



EVA Precision Industrial 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.

EVA Precision Industrial 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
=2997.714/7440.179
=0.40

EVA Precision Industrial 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
=2997.714/7440.179
=0.40

* 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.


EVA Precision Industrial Holdings  (HKSE:00838) 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%.


EVA Precision Industrial Holdings Equity-to-Asset Related Terms

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


EVA Precision Industrial Holdings (HKSE:00838) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Science Museum Road, Unit 8, 6th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
EVA Precision Industrial Holdings Ltd is an investment holding company. The Group is a vertically integrated precision manufacturing service provider. The Group's existing services include mainly i) design and fabrication of precision metal stamping and plastic injection moulds; ii) manufacturing of precision metal and plastic components by using tailor-made moulds and other sophisticated manufacturing processes; iii) lathing of metal components The company's operating segment includes Office automation equipment and Automotive components. It generates maximum revenue from the Office automation equipment segment. Geographically, it derives a majority of revenue from The People's Republic of China.
Executives
Shen Chan Jie Lin 2202 Interest of your spouse
Zhang Hwo Jie 2101 Beneficial owner
Jiang Lu 2202 Interest of your spouse
Zhang Yaohua 2101 Beneficial owner
Prosper Empire Limited 2101 Beneficial owner

EVA Precision Industrial Holdings (HKSE:00838) Headlines

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