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MOBI Development Co (HKSE:00947) Equity-to-Asset : 0.41 (As of Jun. 2024)


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What is MOBI Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MOBI Development Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$508.8 Mil. MOBI Development Co's Total Assets for the quarter that ended in Jun. 2024 was HK$1,228.8 Mil. Therefore, MOBI Development Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.41.

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

HKSE:00947' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.51   Max: 0.6
Current: 0.41

During the past 13 years, the highest Equity to Asset Ratio of MOBI Development Co was 0.60. The lowest was 0.40. And the median was 0.51.

HKSE:00947's Equity-to-Asset is ranked worse than
73.49% of 2471 companies
in the Hardware industry
Industry Median: 0.56 vs HKSE:00947: 0.41

MOBI Development Co Equity-to-Asset Historical Data

The historical data trend for MOBI Development Co'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.

MOBI Development Co Equity-to-Asset Chart

MOBI Development Co 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 0.60 0.58 0.51 0.43 0.40

MOBI Development Co 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 0.49 0.43 0.42 0.40 0.41

Competitive Comparison of MOBI Development Co's Equity-to-Asset

For the Communication Equipment subindustry, MOBI Development Co'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.


MOBI Development Co's Equity-to-Asset Distribution in the Hardware Industry

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

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



MOBI Development Co 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.

MOBI Development Co'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
=551.868/1364.741
=0.40

MOBI Development Co'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
=508.842/1228.843
=0.41

* 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.


MOBI Development Co  (HKSE:00947) 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%.


MOBI Development Co Equity-to-Asset Related Terms

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


MOBI Development Co Business Description

Traded in Other Exchanges
N/A
Address
7 Langshan First Road, Science and Technology Park, Nanshan District, Guangdong Province, Shenzen, CHN
MOBI Development Co Ltd is engaged in the communications business sector. It specializes in antenna, radiofrequency, communications products, and solutions of wi-fi series. It operates in three business segments that are Antenna systems engaged in the manufacturing and sales of the antenna systems and related products; the Base station RF subsystem consists of the manufacturing and sales of base station RF subsystem and related products; the Coverage extension solution segment manufactures and sales of coverage products. The majority of the revenue comes from the Base station RF subsystem. Geographically, It operates in The PRC, Other countries/regions in Asia, Europe, Americas and Others.
Executives
Li Xiaoyong 2101 Beneficial owner

MOBI Development Co Headlines

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