Wei Yuan Holdings (HKSE:01343) Equity-to-Asset : 0.49 (As of Dec. 2023)

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What is Wei Yuan Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wei Yuan Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$312.9 Mil. Wei Yuan Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$640.9 Mil. Therefore, Wei Yuan Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.49.

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

HKSE:01343' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.45 Max: 0.51
Current: 0.49

During the past 8 years, the highest Equity to Asset Ratio of Wei Yuan Holdings was 0.51. The lowest was 0.41. And the median was 0.45.

HKSE:01343's Equity-to-Asset is ranked better than
57.19% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01343: 0.49

Wei Yuan Holdings Equity-to-Asset Historical Data

The historical data trend for Wei Yuan 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.

Wei Yuan Holdings Equity-to-Asset Chart

Wei Yuan Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.43

0.48

0.43

0.47

0.49

Wei Yuan Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial								0.43	0.42	0.47	0.49	0.49

Competitive Comparison of Wei Yuan Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Wei Yuan 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.

Wei Yuan Holdings's Equity-to-Asset Distribution in the Construction Industry

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

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

Wei Yuan 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.

Wei Yuan 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
	=	312.943	/	640.901
	=	0.49

Wei Yuan 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
	=	312.943	/	640.901
	=	0.49

Wei Yuan Holdings (HKSE:01343) 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%.

Wei Yuan Holdings Equity-to-Asset Related Terms

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

Wei Yuan Holdings (HKSE:01343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wei Yuan Holdings Ltd (HKSE:01343) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

37 Kranji Link, Singapore, SGP, 728643

Website

https://www.weiyuanholdings.com

Wei Yuan Holdings Ltd is a contractor specialized in the provision of civil engineering utilities works. The company is engaged in contract works in relation to the installation of power cables, telecommunication cables (including ISP works and OSP works) and sewerage pipelines by applying methods such as open cut excavation or trenchless methods; road milling and resurfacing services; ancillary and other support services; and sales of goods and milled waste.

Executives

Ng Tian Soo
Huang Lei	2101 Beneficial owner
Chai Kwee Lim	2201 Interest of corporation controlled by you
Chen Teck Men	2202 Interest of your spouse
Ng Mei Lian	2201 Interest of corporation controlled by you
Ng Tian Fah	2201 Interest of corporation controlled by you
Ng Tian Kew	2201 Interest of corporation controlled by you
Pang Kip Moi	2202 Interest of your spouse
Phang May Lan	2202 Interest of your spouse
Tang Siaw Tien	2202 Interest of your spouse
Wg International (bvi) Limited	2101 Beneficial owner

Wei Yuan Holdings (HKSE:01343) Headlines

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