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Sun Hing Printing Holdings (HKSE:01975) Equity-to-Asset : 0.73 (As of Dec. 2023)


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What is Sun Hing Printing Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sun Hing Printing Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$471.8 Mil. Sun Hing Printing Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$646.3 Mil. Therefore, Sun Hing Printing Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.73.

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

HKSE:01975' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.61   Med: 0.78   Max: 0.88
Current: 0.73

During the past 9 years, the highest Equity to Asset Ratio of Sun Hing Printing Holdings was 0.88. The lowest was 0.61. And the median was 0.78.

HKSE:01975's Equity-to-Asset is ranked better than
78.74% of 1091 companies
in the Business Services industry
Industry Median: 0.49 vs HKSE:01975: 0.73

Sun Hing Printing Holdings Equity-to-Asset Historical Data

The historical data trend for Sun Hing Printing 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.

Sun Hing Printing Holdings Equity-to-Asset Chart

Sun Hing Printing Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.88 0.79 0.79 0.65 0.70

Sun Hing Printing Holdings Semi-Annual Data
Jun15 Jun16 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 Premium Member Only 0.61 0.65 0.68 0.70 0.73

Competitive Comparison of Sun Hing Printing Holdings's Equity-to-Asset

For the Specialty Business Services subindustry, Sun Hing Printing 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.


Sun Hing Printing Holdings's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sun Hing Printing Holdings's Equity-to-Asset distribution charts can be found below:

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



Sun Hing Printing 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.

Sun Hing Printing Holdings's Equity to Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Equity to Asset (A: Jun. 2023 )=Total Stockholders Equity/Total Assets
=489.097/698.807
=0.70

Sun Hing Printing 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
=471.823/646.308
=0.73

* 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.


Sun Hing Printing Holdings  (HKSE:01975) 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%.


Sun Hing Printing Holdings Equity-to-Asset Related Terms

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Sun Hing Printing Holdings (HKSE:01975) Business Description

Traded in Other Exchanges
N/A
Address
35-37 Lee Chung Street, 4th Floor, Sze Hing Industrial Building, Chai Wan, Hong Kong, HKG
Sun Hing Printing Holdings Ltd printing service provider. The company provides printing services that involves printing solution consultation, pre-press, offset printing, post-press to delivery. The group has only one reportable operating segment which is the manufacture and sale of printing products. Geographically, it derives a majority of revenue from Europe and also has a presence in the United States of America, Hong Kong, Oceania and Other Countries.

Sun Hing Printing Holdings (HKSE:01975) Headlines

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