Prosperous Industrial (Holdings) (HKSE:01731) Equity-to-Asset : 0.79 (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Prosperous Industrial (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Prosperous Industrial (Holdings)'s Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,251 Mil. Prosperous Industrial (Holdings)'s Total Assets for the quarter that ended in Jun. 2024 was HK$1,589 Mil. Therefore, Prosperous Industrial (Holdings)'s Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.79.

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

HKSE:01731' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.75 Max: 0.79
Current: 0.78

During the past 10 years, the highest Equity to Asset Ratio of Prosperous Industrial (Holdings) was 0.79. The lowest was 0.54. And the median was 0.75.

HKSE:01731's Equity-to-Asset is ranked better than
82.74% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.54 vs HKSE:01731: 0.78

Prosperous Industrial (Holdings) Equity-to-Asset Historical Data

The historical data trend for Prosperous Industrial (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.

Prosperous Industrial (Holdings) Equity-to-Asset Chart

Prosperous Industrial (Holdings) Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

Get a 7-Day Free Trial

0.75

0.73

0.75

0.76

0.78

Prosperous Industrial (Holdings) Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial													0.75	0.78	0.76	0.79	0.78

Competitive Comparison of Prosperous Industrial (Holdings)'s Equity-to-Asset

For the Footwear & Accessories subindustry, Prosperous Industrial (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.

Prosperous Industrial (Holdings)'s Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Prosperous Industrial (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Prosperous Industrial (Holdings)'s Equity-to-Asset falls into.

Save Embed

;

Save Embed

;

Prosperous Industrial (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.

Prosperous Industrial (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
	=	1163.278	/	1528.315
	=	0.76

Prosperous Industrial (Holdings)'s Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	1251.178	/	1589.28
	=	0.79

Prosperous Industrial (Holdings) (HKSE:01731) 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%.

Prosperous Industrial (Holdings) Equity-to-Asset Related Terms

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

Prosperous Industrial (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Prosperous Industrial (Holdings) Ltd (HKSE:01731) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

71-75 Container Port Road, Unit 1-2, 1st Floor, Join-In Hang Sing Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.pihl.hk

Prosperous Industrial (Holdings) Ltd is an investment holding company principally engaged in the manufacturing and sale of sports bags, handbags and luggage bags. The company's products are categorized as outdoor and sporting bags including day packs and overnight backpacks, which are designed with larger volumes; functional bags such as camera backpacks with multiple pockets and waterproof hydration backpacks; fashion and casual bags, as well as other bags and packs. Geographically the company generates revenue from the United States of America, Belgium, Japan, Chinese Mainland, Netherlands, Italy, Hong Kong, and Others. The company generates the majority of its revenue from the United States of America.

Executives

Yeung Ming Sum Richard
Yeung Wor Foon Stella
Prosperous Holdings (overseas) Limited
Great Pacific Investment Ltd.	2101 Beneficial owner
Pou Chen Corporation	2201 Interest of corporation controlled by you
Pou Hing Industrial Co. Ltd	2201 Interest of corporation controlled by you
Wealthplus Holdings Limited	2201 Interest of corporation controlled by you
Yue Yuen Industrial (holdings) Limited	2201 Interest of corporation controlled by you

Prosperous Industrial (Holdings) Headlines

No Headlines