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Trendzon Holdings Group (HKSE:01865) Equity-to-Asset : 0.60 (As of Sep. 2023)


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What is Trendzon Holdings Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Trendzon Holdings Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$427.8 Mil. Trendzon Holdings Group's Total Assets for the quarter that ended in Sep. 2023 was HK$711.4 Mil. Therefore, Trendzon Holdings Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.60.

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

HKSE:01865' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.57   Max: 0.83
Current: 0.6

During the past 8 years, the highest Equity to Asset Ratio of Trendzon Holdings Group was 0.83. The lowest was 0.40. And the median was 0.57.

HKSE:01865's Equity-to-Asset is ranked better than
73.05% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01865: 0.60

Trendzon Holdings Group Equity-to-Asset Historical Data

The historical data trend for Trendzon Holdings 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.

Trendzon Holdings Group Equity-to-Asset Chart

Trendzon Holdings Group Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.72 0.83 0.55 0.40 0.46

Trendzon Holdings Group Semi-Annual Data
Mar16 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 0.47 0.40 0.45 0.46 0.60

Competitive Comparison of Trendzon Holdings Group's Equity-to-Asset

For the Engineering & Construction subindustry, Trendzon Holdings 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.


Trendzon Holdings Group's Equity-to-Asset Distribution in the Construction Industry

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

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



Trendzon Holdings 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.

Trendzon Holdings 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
=327.04/704.673
=0.46

Trendzon Holdings 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
=427.763/711.414
=0.60

* 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.


Trendzon Holdings Group  (HKSE:01865) 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%.


Trendzon Holdings Group Equity-to-Asset Related Terms

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


Trendzon Holdings Group (HKSE:01865) Business Description

Traded in Other Exchanges
N/A
Address
The Gateway, Suite 2108, Prudential Tower, Harbour City, Hong Kong, HKG, 758110
Trendzon Holdings Group Ltd is an investment holding company. It is engaged in the provision of infrastructural pipeline construction and related engineering services mainly to private and public utilities companies in the gas, water, telecommunications, and power industries, trading of building materials, brokerage, placing and margin financing services. The company's operating segment includes Construction services, Brokerage, placing and margin financing services, and Trading of building materials. It generates maximum revenue from the Construction contracts segment. Geographically, it derives a majority of its revenue from Singapore.
Executives
Zhang Jiancheng 2201 Interest of corporation controlled by you
Zhong Bei Zi Ben You Xian Gong Si 2101 Beneficial owner
Shang Hai He Ri Tou Zi You Xian Gong Si 2101 Beneficial owner

Trendzon Holdings Group (HKSE:01865) Headlines

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