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Hong Kong Shanghai Alliance Holdings (HKSE:01001) Equity-to-Asset : 0.36 (As of Mar. 2024)


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What is Hong Kong Shanghai Alliance Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hong Kong Shanghai Alliance Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$941 Mil. Hong Kong Shanghai Alliance Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$2,650 Mil. Therefore, Hong Kong Shanghai Alliance Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

The historical rank and industry rank for Hong Kong Shanghai Alliance Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:01001' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.33   Max: 0.39
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Hong Kong Shanghai Alliance Holdings was 0.39. The lowest was 0.29. And the median was 0.33.

HKSE:01001's Equity-to-Asset is ranked worse than
72.98% of 644 companies
in the Steel industry
Industry Median: 0.54 vs HKSE:01001: 0.39

Hong Kong Shanghai Alliance Holdings Equity-to-Asset Historical Data

The historical data trend for Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings Equity-to-Asset Chart

Hong Kong Shanghai Alliance Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.30 0.29 0.33 0.36

Hong Kong Shanghai Alliance Holdings Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.30 0.33 0.33 0.36 0.39

Competitive Comparison of Hong Kong Shanghai Alliance Holdings's Equity-to-Asset

For the Steel subindustry, Hong Kong Shanghai Alliance 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.


Hong Kong Shanghai Alliance Holdings's Equity-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Hong Kong Shanghai Alliance Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hong Kong Shanghai Alliance Holdings's Equity-to-Asset falls into.



Hong Kong Shanghai Alliance 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.

Hong Kong Shanghai Alliance Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=940.574/2649.902
=0.35

Hong Kong Shanghai Alliance Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=940.574/2649.902
=0.35

* 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.


Hong Kong Shanghai Alliance Holdings  (HKSE:01001) 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%.


Hong Kong Shanghai Alliance Holdings Equity-to-Asset Related Terms

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Hong Kong Shanghai Alliance Holdings Business Description

Traded in Other Exchanges
N/A
Address
41 Lockhart Road, East Town Building, Rooms 1103-05, 11th Floor, Wanchai, Hong Kong, HKG
Hong Kong Shanghai Alliance Holdings Ltd is an investment holding company. The company along with its subsidiaries is engaged in the distribution and processing of construction materials such as steel products; trading of sanitary wares and kitchen cabinets; and property investment and fund management businesses. The company's segment includes steel distribution and Processing Business; Building Products Distribution Business and Property Investment and Fund Management Business. The company generates maximum revenue from the Steels Distribution and Processing Business segment. Geographically the group has a presence in Hong Kong and Mainland China, of which key revenue is generated from Hong Kong.
Executives
Perfect Capital International Corp. 2101 Beneficial owner
Huge Top Industrial Ltd. 2101 Beneficial owner
Yao Cho Fai Andrew 2101 Beneficial owner

Hong Kong Shanghai Alliance Holdings Headlines

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