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Man Shun Group (Holdings) (HKSE:01746) Equity-to-Asset : 0.88 (As of Dec. 2023)


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What is Man Shun Group (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Man Shun Group (Holdings)'s Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$151.8 Mil. Man Shun Group (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was HK$172.7 Mil. Therefore, Man Shun Group (Holdings)'s Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.88.

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

HKSE:01746' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.88   Max: 0.92
Current: 0.88

During the past 9 years, the highest Equity to Asset Ratio of Man Shun Group (Holdings) was 0.92. The lowest was 0.40. And the median was 0.88.

HKSE:01746's Equity-to-Asset is ranked better than
97.8% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01746: 0.88

Man Shun Group (Holdings) Equity-to-Asset Historical Data

The historical data trend for Man Shun 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.

Man Shun Group (Holdings) Equity-to-Asset Chart

Man Shun Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.87 0.91 0.88 0.92 0.88

Man Shun Group (Holdings) Semi-Annual Data
Dec15 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 0.88 0.93 0.92 0.91 0.88

Competitive Comparison of Man Shun Group (Holdings)'s Equity-to-Asset

For the Engineering & Construction subindustry, Man Shun 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.


Man Shun Group (Holdings)'s Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Man Shun Group (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Man Shun Group (Holdings)'s Equity-to-Asset falls into.



Man Shun 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.

Man Shun Group (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
=151.828/172.713
=0.88

Man Shun Group (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
=151.828/172.713
=0.88

* 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.


Man Shun Group (Holdings)  (HKSE:01746) 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%.


Man Shun Group (Holdings) Equity-to-Asset Related Terms

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Man Shun Group (Holdings) (HKSE:01746) Business Description

Traded in Other Exchanges
N/A
Address
Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Man Shun Group (Holdings) (HKSE:01746) Headlines

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