Grandshores Technology Group (HKSE:01647) Equity-to-Asset : 0.85 (As of Sep. 2023)

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What is Grandshores Technology Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grandshores Technology Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$317.8 Mil. Grandshores Technology Group's Total Assets for the quarter that ended in Sep. 2023 was HK$375.2 Mil. Therefore, Grandshores Technology Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.85.

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

HKSE:01647' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43 Med: 0.8 Max: 0.89
Current: 0.85

During the past 10 years, the highest Equity to Asset Ratio of Grandshores Technology Group was 0.89. The lowest was 0.43. And the median was 0.80.

HKSE:01647's Equity-to-Asset is ranked better than
96.28% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01647: 0.85

Grandshores Technology Group Equity-to-Asset Historical Data

The historical data trend for Grandshores Technology 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.

Grandshores Technology Group Equity-to-Asset Chart

Grandshores Technology Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.80

0.77

0.82

0.85

0.84

Grandshores Technology Group Semi-Annual Data
	Mar14	Mar15	Sep15	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														0.87	0.85	0.89	0.84	0.85

Competitive Comparison of Grandshores Technology Group's Equity-to-Asset

For the Engineering & Construction subindustry, Grandshores Technology 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.

Grandshores Technology Group's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grandshores Technology Group's Equity-to-Asset distribution charts can be found below:

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

Grandshores Technology 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.

Grandshores Technology Group'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
	=	336.982	/	401.27
	=	0.84

Grandshores Technology Group'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
	=	317.824	/	375.225
	=	0.85

Grandshores Technology Group (HKSE:01647) 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%.

Grandshores Technology Group Equity-to-Asset Related Terms

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

Grandshores Technology Group (HKSE:01647) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Grandshores Technology Group Ltd (HKSE:01647) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Science Museum Road, Tsim Sha Tsui, Unit 1503, 15th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG

Website

http://www.grandshorestech.com

Grandshores Technology Group Ltd is an investment holding company. Along with its subsidiaries, the company provides integrated building services, with a focus on maintenance and/or installations of mechanical and electrical systems and including minor repairs and improvement works, and undertaking building and construction works in Singapore. The operating segments of the group are Integrated Building Services; Building Construction Works and Industrial Hemp, of which the major revenue source is from the Integrated Building Services segment. It has a business presence in Singapore and China.

Executives

Great Scenery Ventures Limited	2201 Interest of corporation controlled by you
Yao Yongjie	2101 Beneficial owner
Yao Zeqian	2101 Beneficial owner
Emperor Grand International Limited
Morgan Hill Holdings Limited
Zhu Guangping
Liu Zihao	2101 Beneficial owner
Lion Group Holding Ltd.	2101 Beneficial owner
Wang Jian	2101 Beneficial owner
Leung Shek Kong
Timeness Vision Limited	2201 Interest of corporation controlled by you

Grandshores Technology Group (HKSE:01647) Headlines

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