Kwong Luen Engineering Holdings (HKSE:01413) Equity-to-Asset : 0.79 (As of Sep. 2023)

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What is Kwong Luen Engineering Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kwong Luen Engineering Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$258.8 Mil. Kwong Luen Engineering Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$326.8 Mil. Therefore, Kwong Luen Engineering Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.79.

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

HKSE:01413' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.79 Max: 0.85
Current: 0.79

During the past 6 years, the highest Equity to Asset Ratio of Kwong Luen Engineering Holdings was 0.85. The lowest was 0.63. And the median was 0.79.

HKSE:01413's Equity-to-Asset is ranked better than
92.61% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01413: 0.79

Kwong Luen Engineering Holdings Equity-to-Asset Historical Data

The historical data trend for Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings Equity-to-Asset Chart

Kwong Luen Engineering Holdings Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.69

0.70

0.80

0.85

Kwong Luen Engineering Holdings Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial					0.76	0.80	0.80	0.85	0.79

Competitive Comparison of Kwong Luen Engineering Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings's Equity-to-Asset Distribution in the Construction Industry

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

* The bar in red indicates where Kwong Luen Engineering Holdings's Equity-to-Asset falls into.

Kwong Luen Engineering 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.

Kwong Luen Engineering Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	249.121	/	292.714
	=	0.85

Kwong Luen Engineering Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Equity to Asset (Q: Sep. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	258.761	/	326.836
	=	0.79

Kwong Luen Engineering Holdings (HKSE:01413) 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%.

Kwong Luen Engineering Holdings Equity-to-Asset Related Terms

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

Kwong Luen Engineering Holdings (HKSE:01413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Kwong Luen Engineering Holdings Ltd (HKSE:01413) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2909-2910, 29th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

https://www.kwong-luen.com.hk

Kwong Luen Engineering Holdings Ltd is a foundation works contractor in Hong Kong. The foundation work of the company is mainly comprised of excavation and lateral support works and other associated works including pile cap construction, underground drainage work, and site formation works. The group's operations are located in Hong Kong.

Executives

Kwong Luen Prosperity Limited	2101 Beneficial owner
Kwan Chui Ling	2201 Interest of corporation controlled by you
Yip Kwong Cheung	2201 Interest of corporation controlled by you
Ma Wenkui
Lin Tongbing
Yang Zhenwei

Kwong Luen Engineering Holdings (HKSE:01413) Headlines

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