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Yuk Wing Group Holdings (HKSE:01536) Equity-to-Asset : 0.67 (As of Sep. 2023)


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What is Yuk Wing Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Yuk Wing Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$135.6 Mil. Yuk Wing Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$203.9 Mil. Therefore, Yuk Wing Group Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

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

HKSE:01536' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.63   Max: 0.75
Current: 0.67

During the past 10 years, the highest Equity to Asset Ratio of Yuk Wing Group Holdings was 0.75. The lowest was 0.41. And the median was 0.63.

HKSE:01536's Equity-to-Asset is ranked better than
68.27% of 3035 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:01536: 0.67

Yuk Wing Group Holdings Equity-to-Asset Historical Data

The historical data trend for Yuk Wing Group 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.

Yuk Wing Group Holdings Equity-to-Asset Chart

Yuk Wing Group Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.63 0.62 0.64 0.62

Yuk Wing Group Holdings Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.65 0.64 0.57 0.62 0.67

Competitive Comparison of Yuk Wing Group Holdings's Equity-to-Asset

For the Specialty Industrial Machinery subindustry, Yuk Wing Group 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.


Yuk Wing Group Holdings's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yuk Wing Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Yuk Wing Group Holdings's Equity-to-Asset falls into.



Yuk Wing Group 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.

Yuk Wing Group 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
=142.713/231.105
=0.62

Yuk Wing Group 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
=135.576/203.942
=0.66

* 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.


Yuk Wing Group Holdings  (HKSE:01536) 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%.


Yuk Wing Group Holdings Equity-to-Asset Related Terms

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


Yuk Wing Group Holdings (HKSE:01536) Business Description

Traded in Other Exchanges
N/A
Address
288 Des Voeux Road Central, Unit B, 13th Floor, Eton Building, Hong Kong, HKG
Yuk Wing Group Holdings Ltd is an investment holding company engaged in the manufacturing and trading of down-the-hole (DTH) rockdrilling tools. The company's operating segments include Manufacturing and trading of DTH rockdrilling tools, Trading of piling and drilling machineries and Trading of rockdrilling equipment. It generates maximum revenue from the Manufacturing and trading of DTH rockdrilling tools segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC, and other Countries.
Executives
Huang Shixin 2101 Beneficial owner
Chan Leung Choi 2101 Beneficial owner
Colour Shine Investments Limited 2101 Beneficial owner
He Xiaoming 2201 Interest of corporation controlled by you

Yuk Wing Group Holdings (HKSE:01536) Headlines

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