Pangaea Connectivity Technology (HKSE:01473) Equity-to-Asset : 0.29 (As of Sep. 2024)

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What is Pangaea Connectivity Technology Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pangaea Connectivity Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$229 Mil. Pangaea Connectivity Technology's Total Assets for the quarter that ended in Sep. 2024 was HK$782 Mil. Therefore, Pangaea Connectivity Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.29.

The historical rank and industry rank for Pangaea Connectivity Technology's Equity-to-Asset or its related term are showing as below:

HKSE:01473' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.2 Med: 0.31 Max: 0.37
Current: 0.29

During the past 7 years, the highest Equity to Asset Ratio of Pangaea Connectivity Technology was 0.37. The lowest was 0.20. And the median was 0.31.

HKSE:01473's Equity-to-Asset is ranked worse than
86.37% of 2457 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:01473: 0.29

Pangaea Connectivity Technology Equity-to-Asset Historical Data

The historical data trend for Pangaea Connectivity Technology'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.

Pangaea Connectivity Technology Equity-to-Asset Chart

Pangaea Connectivity Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.25

0.37

0.35

0.26

Pangaea Connectivity Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial							0.32	0.35	0.31	0.26	0.29

Competitive Comparison of Pangaea Connectivity Technology's Equity-to-Asset

For the Communication Equipment subindustry, Pangaea Connectivity Technology'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.

Pangaea Connectivity Technology's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pangaea Connectivity Technology's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Pangaea Connectivity Technology's Equity-to-Asset falls into.

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Pangaea Connectivity Technology 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.

Pangaea Connectivity Technology'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
	=	218.182	/	847.879
	=	0.26

Pangaea Connectivity Technology's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	228.916	/	781.934
	=	0.29

Pangaea Connectivity Technology (HKSE:01473) 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%.

Pangaea Connectivity Technology Equity-to-Asset Related Terms

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Pangaea Connectivity Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pangaea Connectivity Technology Ltd (HKSE:01473) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG

Website

http://www.pangaea.com.hk

Pangaea Connectivity Technology Ltd is involved in the telecom and datacom connectivity industry. It offers connectivity products covering wireless microwave networks, optical networks from access to metro to regional and long haul, and data center and commercial networks for cellular, fixed, personal and private usage. The company is principally engaged in import and export of connectivity products which are used in telecom and datacom connectivity industry for different end applications such as telecom infrastructure, data centres, high performance computing, IoT, and network connectivity products.

Executives

Generous Horizon Limited	2101 Beneficial owner
Fung Yui Kong	2201 Interest of corporation controlled by you
Lam Esther W.	2202 Interest of your spouse
Poon Ka Ho Stanley	2101 Beneficial owner
Generous Team Limited

Pangaea Connectivity Technology Headlines

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