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Wai Chi Holdings Co (HKSE:01305) Equity-to-Asset : 0.33 (As of Jun. 2024)


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What is Wai Chi Holdings Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wai Chi Holdings Co's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$891 Mil. Wai Chi Holdings Co's Total Assets for the quarter that ended in Jun. 2024 was HK$2,699 Mil. Therefore, Wai Chi Holdings Co's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.33.

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

HKSE:01305' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.37   Max: 0.45
Current: 0.33

During the past 11 years, the highest Equity to Asset Ratio of Wai Chi Holdings Co was 0.45. The lowest was 0.30. And the median was 0.37.

HKSE:01305's Equity-to-Asset is ranked worse than
83.14% of 2455 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:01305: 0.33

Wai Chi Holdings Co Equity-to-Asset Historical Data

The historical data trend for Wai Chi Holdings 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.

Wai Chi Holdings Co Equity-to-Asset Chart

Wai Chi Holdings 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 0.42 0.37 0.34 0.30 0.36

Wai Chi Holdings 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 0.31 0.30 0.34 0.36 0.33

Competitive Comparison of Wai Chi Holdings Co's Equity-to-Asset

For the Electronic Components subindustry, Wai Chi Holdings 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.


Wai Chi Holdings Co's Equity-to-Asset Distribution in the Hardware Industry

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

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



Wai Chi Holdings 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.

Wai Chi Holdings 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
=866.519/2398.723
=0.36

Wai Chi Holdings 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
=890.896/2698.537
=0.33

* 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 Chi Holdings Co  (HKSE:01305) 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 Chi Holdings Co Equity-to-Asset Related Terms

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


Wai Chi Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
63 King Yip Street, 6th Floor, Liven House, Kwun Tong, Kowloon, Hong Kong, HKG
Wai Chi Holdings Co Ltd engages in the manufacturing of light-emitting diode (LED) products for public and commercial use. It operates through the following segments: LED Backlight, LED Lighting, and Semiconductor memory chips. The LED backlight segment engages in the manufacturing and trading of LED backlight products in different sizes and applications. The LED lighting segment engages in the manufacturing and trading of LED lighting products for public and commercial use. The Semiconductor memory chips segment engages Provision of packaging and testing services and related product sourcing business. Geographically the company receives maximum revenue from the People's Republic of China.
Executives
Luk Fong 2201 Interest of corporation controlled by you
Chu Yuet Wah
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Yiu Chi To 2201 Interest of corporation controlled by you
Rui Shi Ke Ji You Xian Gong Si 2101 Beneficial owner

Wai Chi Holdings Co Headlines

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