New Concepts Holdings (HKSE:02221) Equity-to-Asset : 0.36 (As of Mar. 2024)

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What is New Concepts Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Concepts Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2024 was HK$399.3 Mil. New Concepts Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$1,104.1 Mil. Therefore, New Concepts Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.36.

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

HKSE:02221' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.25 Max: 0.37
Current: 0.33

During the past 11 years, the highest Equity to Asset Ratio of New Concepts Holdings was 0.37. The lowest was 0.09. And the median was 0.25.

HKSE:02221's Equity-to-Asset is ranked worse than
69.12% of 1739 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02221: 0.33

New Concepts Holdings Equity-to-Asset Historical Data

The historical data trend for New Concepts 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.

New Concepts Holdings Equity-to-Asset Chart

New Concepts Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Equity-to-Asset

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0.09

0.24

0.35

0.36

New Concepts Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Equity-to-Asset	Get a 7-Day Free Trial															0.30	0.35	0.39	0.36	0.33

Competitive Comparison of New Concepts Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, New Concepts 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.

New Concepts Holdings's Equity-to-Asset Distribution in the Construction Industry

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

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

New Concepts 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.

New Concepts Holdings'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
	=	399.251	/	1104.069
	=	0.36

New Concepts Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	399.251	/	1104.069
	=	0.36

New Concepts Holdings (HKSE:02221) 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%.

New Concepts Holdings Equity-to-Asset Related Terms

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

New Concepts Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » New Concepts Holdings Ltd (HKSE:02221) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Wang Chiu Road, Kingston International Centre, Office B, 3rd Floor, Kowloon Bay, Hong Kong, HKG

Website

http://www.primeworld-china.com

New Concepts Holdings Ltd is an investment holding company, which majorly focuses on foundation works, civil engineering, and general building services, and environmental protection projects, including kitchen waste treatment, environmental park development, and new energy materials in Mainland China. The company's operating segment includes Construction works and Environmental protection services. It generates maximum revenue from the Construction works segment. The Construction work segment is engaged in the provision of foundation works, civil engineering works, and general building works in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in Mainland China.

Executives

Yuan Heng Qi Ye Guan Li Shen Zhen Ji Tuan You Xian Gong Si
Zhu Yongjun
Yuan Heng Group International Co., Limited
Lin Jiakuang
Final Destination Limited	2201 Interest of corporation controlled by you
Ding Yi Feng Holdings Group International Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner
Flying Goddess Limited	2201 Interest of corporation controlled by you
Eternity Sky Limited	2201 Interest of corporation controlled by you
Prosper Power Group Limited
Chu Shu Cheong
Jumbo Grand Enterprise Development Limited
China Investment Fund Company Limited	2201 Interest of corporation controlled by you
Flying Goddess Limited	2201 Interest of corporation controlled by you
Hong Kong Toprich Investment Limited	2101 Beneficial owner

New Concepts Holdings Headlines

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