Landrich Holding (HKSE:02132) Equity-to-Asset : 0.47 (As of Sep. 2023)

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What is Landrich Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Landrich Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$306 Mil. Landrich Holding's Total Assets for the quarter that ended in Sep. 2023 was HK$652 Mil. Therefore, Landrich Holding's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.47.

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

HKSE:02132' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21 Med: 0.47 Max: 0.61
Current: 0.47

During the past 8 years, the highest Equity to Asset Ratio of Landrich Holding was 0.61. The lowest was 0.21. And the median was 0.47.

HKSE:02132's Equity-to-Asset is ranked better than
53.96% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02132: 0.47

Landrich Holding Equity-to-Asset Historical Data

The historical data trend for Landrich Holding'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.

Landrich Holding Equity-to-Asset Chart

Landrich Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.33

0.45

0.61

0.47

0.46

Landrich Holding Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Equity-to-Asset	Get a 7-Day Free Trial								0.57	0.47	0.47	0.46	0.47

Competitive Comparison of Landrich Holding's Equity-to-Asset

For the Engineering & Construction subindustry, Landrich Holding'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.

Landrich Holding's Equity-to-Asset Distribution in the Construction Industry

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

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

Landrich Holding 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.

Landrich Holding'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
	=	288.661	/	623.614
	=	0.46

Landrich Holding'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
	=	306.47	/	651.909
	=	0.47

Landrich Holding (HKSE:02132) 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%.

Landrich Holding Equity-to-Asset Related Terms

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

Landrich Holding (HKSE:02132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Landrich Holding Ltd (HKSE:02132) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2808, 28th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.landrich.com.hk

Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.

Executives

New Brilliance Enterprises Limited	2101 Beneficial owner
Tsui Kai Kwong	2201 Interest of corporation controlled by you
Wong Cheuk Mui	2202 Interest of your spouse

Landrich Holding (HKSE:02132) Headlines

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