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Bright Smart Securitiesmmodities Group (HKSE:01428) Equity-to-Asset : 0.20 (As of Mar. 2024)


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What is Bright Smart Securitiesmmodities Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bright Smart Securitiesmmodities Group's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$1,444.3 Mil. Bright Smart Securitiesmmodities Group's Total Assets for the quarter that ended in Mar. 2024 was HK$7,078.5 Mil. Therefore, Bright Smart Securitiesmmodities Group's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.20.

The historical rank and industry rank for Bright Smart Securitiesmmodities Group's Equity-to-Asset or its related term are showing as below:

HKSE:01428' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.24   Max: 0.37
Current: 0.15

During the past 13 years, the highest Equity to Asset Ratio of Bright Smart Securitiesmmodities Group was 0.37. The lowest was 0.10. And the median was 0.24.

HKSE:01428's Equity-to-Asset is ranked worse than
82.79% of 796 companies
in the Capital Markets industry
Industry Median: 0.54 vs HKSE:01428: 0.15

Bright Smart Securitiesmmodities Group Equity-to-Asset Historical Data

The historical data trend for Bright Smart Securitiesmmodities Group'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.

Bright Smart Securitiesmmodities Group Equity-to-Asset Chart

Bright Smart Securitiesmmodities Group 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 0.13 0.25 0.22 0.20

Bright Smart Securitiesmmodities Group 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 0.22 0.15 0.20 0.15

Competitive Comparison of Bright Smart Securitiesmmodities Group's Equity-to-Asset

For the Capital Markets subindustry, Bright Smart Securitiesmmodities Group'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.


Bright Smart Securitiesmmodities Group's Equity-to-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bright Smart Securitiesmmodities Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Bright Smart Securitiesmmodities Group's Equity-to-Asset falls into.



Bright Smart Securitiesmmodities Group 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.

Bright Smart Securitiesmmodities Group'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
=1444.275/7078.456
=0.20

Bright Smart Securitiesmmodities Group'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
=1444.275/7078.456
=0.20

* 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.


Bright Smart Securitiesmmodities Group  (HKSE:01428) 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%.


Bright Smart Securitiesmmodities Group Equity-to-Asset Related Terms

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Bright Smart Securitiesmmodities Group Business Description

Traded in Other Exchanges
Address
71 Des Voeux Road Central, 10th Floor and 23rd Floor, Wing On House, Central, Hong Kong, HKG
Bright Smart Securities & Commodities Group Ltd is a company that provides financial services, including securities broking, margin financing, commodities & futures broking, bullion trading and leveraged foreign exchange trading. The company operates via three segments. The Securities broking segment offers broking services in securities traded in Hong Kong and select overseas markets and provides margin financing services to its broking customers. The Commodities and futures broking segment offers broking services in commodities and futures contracts traded in Hong Kong and overseas markets. The Bullion trading segment provides trading services in bullion contracts traded overseas. The company generates majority of its revenue from the Securities broking segment.
Executives
New Charming Holdings Limited 2101 Beneficial owner
Yip Mow Lum 2201 Interest of corporation controlled by you

Bright Smart Securitiesmmodities Group Headlines

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