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Dalipal Holdings (HKSE:01921) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is Dalipal Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dalipal Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,598 Mil. Dalipal Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$4,518 Mil. Therefore, Dalipal Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

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

HKSE:01921' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.35   Max: 0.36
Current: 0.35

During the past 8 years, the highest Equity to Asset Ratio of Dalipal Holdings was 0.36. The lowest was 0.24. And the median was 0.35.

HKSE:01921's Equity-to-Asset is ranked worse than
68.41% of 1089 companies
in the Oil & Gas industry
Industry Median: 0.5 vs HKSE:01921: 0.35

Dalipal Holdings Equity-to-Asset Historical Data

The historical data trend for Dalipal 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.

Dalipal Holdings Equity-to-Asset Chart

Dalipal Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.36 0.34 0.28 0.34 0.35

Dalipal Holdings Semi-Annual Data
Dec16 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 0.28 0.29 0.34 0.33 0.35

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

For the Oil & Gas Equipment & Services subindustry, Dalipal 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.


Dalipal Holdings's Equity-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dalipal Holdings's Equity-to-Asset distribution charts can be found below:

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



Dalipal 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.

Dalipal 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
=1598.118/4517.739
=0.35

Dalipal 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
=1598.118/4517.739
=0.35

* 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.


Dalipal Holdings  (HKSE:01921) 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%.


Dalipal Holdings Equity-to-Asset Related Terms

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Dalipal Holdings (HKSE:01921) Business Description

Traded in Other Exchanges
N/A
Address
Nanshugang Road, No.1 Zhuangbei District, Bohai New District, Hebei Province, Cangzhou, CHN
Dalipal Holdings Ltd is engaged in the development, manufacture and sale of oil and gas pipes, new energy pipes and special seamless steel pipes and and other products. The company generates the majority of the revenue from the Sales of oil and gas pipes. The company operates in China and overseas, out of which China accounts for the majority of the revenue.
Executives
Luo Yumei 2202 Interest of your spouse
Meng Fanyong 2101 Beneficial owner
Sheng Xing You Xian Gong Si 2101 Beneficial owner
Xing Jie You Xian Gong Si 2101 Beneficial owner

Dalipal Holdings (HKSE:01921) Headlines

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