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Sundart Holdings (HKSE:01568) Equity-to-Asset : 0.48 (As of Dec. 2023)


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What is Sundart Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sundart Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$3,442 Mil. Sundart Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$7,249 Mil. Therefore, Sundart Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.48.

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

HKSE:01568' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.47   Max: 0.49
Current: 0.48

During the past 10 years, the highest Equity to Asset Ratio of Sundart Holdings was 0.49. The lowest was 0.31. And the median was 0.47.

HKSE:01568's Equity-to-Asset is ranked worse than
52.88% of 1095 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:01568: 0.48

Sundart Holdings Equity-to-Asset Historical Data

The historical data trend for Sundart 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.

Sundart Holdings Equity-to-Asset Chart

Sundart Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.48 0.46 0.49 0.48

Sundart Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.46 0.51 0.49 0.51 0.48

Competitive Comparison of Sundart Holdings's Equity-to-Asset

For the Consulting Services subindustry, Sundart 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.


Sundart Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sundart Holdings's Equity-to-Asset distribution charts can be found below:

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



Sundart 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.

Sundart 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
=3442.281/7248.56
=0.47

Sundart 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
=3442.281/7248.56
=0.47

* 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.


Sundart Holdings  (HKSE:01568) 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%.


Sundart Holdings Equity-to-Asset Related Terms

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


Sundart Holdings (HKSE:01568) Business Description

Traded in Other Exchanges
N/A
Address
370 Kwun Tong Road, 19th Floor, Millennium City 3, Kowloon, Hong Kong, HKG
Sundart Holdings Ltd is an interior decorative company in Hong Kong. It specializes in providing interior works for residential properties and hotel projects. The company's reportable segments are Fitting-out works in Hong Kong; Fitting-out works in Macau; Fitting-out works in China; Fitting-out works in Singapore; Alteration, addition, and construction works in Hong Kong; and Manufacturing, sourcing and distribution of interior decorative materials. Geographically, the group has a business presence in Hong Kong, Macau, the PRC and Other countries, of which prime revenue is derived from the PRC.
Executives
Fu Haixia 2202 Interest of your spouse
Liu Zaiwang 2201 Interest of corporation controlled by you
Jiang He Chuang Jian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Cai Yun Guo Ji Tou Zi You Xian Gong Si 2101 Beneficial owner
Yun Nan Sheng Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Jangho Hong Kong Holdings Limited 2201 Interest of corporation controlled by you
Reach Glory International Limited 2101 Beneficial owner
Bei Jing Jiang He Yuan Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you

Sundart Holdings (HKSE:01568) Headlines

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