King's Stone Holdings Group (HKSE:01943) Equity-to-Asset : 0.69 (As of Sep. 2024)

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What is King's Stone Holdings Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. King's Stone Holdings Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$121.3 Mil. King's Stone Holdings Group's Total Assets for the quarter that ended in Sep. 2024 was HK$176.8 Mil. Therefore, King's Stone Holdings Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.69.

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

HKSE:01943' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.7 Max: 0.83
Current: 0.69

During the past 9 years, the highest Equity to Asset Ratio of King's Stone Holdings Group was 0.83. The lowest was 0.49. And the median was 0.70.

HKSE:01943's Equity-to-Asset is ranked better than
72.59% of 405 companies
in the Building Materials industry
Industry Median: 0.55 vs HKSE:01943: 0.69

King's Stone Holdings Group Equity-to-Asset Historical Data

The historical data trend for King's Stone 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.

King's Stone Holdings Group Equity-to-Asset Chart

King's Stone Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.83

0.75

0.70

0.69

King's Stone Holdings Group Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial											0.77	0.70	0.71	0.69	0.69

Competitive Comparison of King's Stone Holdings Group's Equity-to-Asset

For the Building Materials subindustry, King's Stone 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.

King's Stone Holdings Group's Equity-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, King's Stone Holdings Group's Equity-to-Asset distribution charts can be found below:

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

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King's Stone 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.

King's Stone Holdings Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	183.843	/	265.365
	=	0.69

King's Stone Holdings Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	121.304	/	176.806
	=	0.69

King's Stone Holdings Group (HKSE:01943) 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%.

King's Stone Holdings Group Equity-to-Asset Related Terms

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King's Stone Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » King's Stone Holdings Group Ltd (HKSE:01943) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

152 Queen’s Road Central, Office Floor 29, Queen’s Road Centre, Hong Kong, HKG

Website

http://www.kshgl.com

King's Stone Holdings Group Ltd formerly Silver Tide Holdings Ltd is an investment holding company. The company is principally engaged in providing construction services including traditional formwork using timber and plywood, system formwork using aluminum and steel, and ancillary works such as concrete works and reinforcement works for the public and private sectors and securities dealing and broking. The company earns maximum revenue from the Construction service segment. Geographically, the company derives revenue from Hong Kong.

Executives

Chu Chui Ling	2106 Person having a security interest in shares
Ultra Accord Limited	2106 Person having a security interest in shares
Huayu Holdings Limited	2101 Beneficial owner
Zeng Jingwen	2201 Interest of corporation controlled by you
Wang Jianfeng	2201 Interest of corporation controlled by you
Central Force Premium Group Limited	2101 Beneficial owner
Regal Loyalty Limited	2201 Interest of corporation controlled by you
Xu Fang	2202 Interest of your spouse
Silver Tide Enterprises Limited	2101 Beneficial owner
Ip Chi Ming	2201 Interest of corporation controlled by you
Wong Fong Choi	2202 Interest of your spouse

King's Stone Holdings Group Headlines

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