Watts International Maritime Co (HKSE:02258) Equity-to-Asset : 0.23 (As of Dec. 2023)

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What is Watts International Maritime Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Watts International Maritime Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$823 Mil. Watts International Maritime Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,543 Mil. Therefore, Watts International Maritime Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.23.

The historical rank and industry rank for Watts International Maritime Co's Equity-to-Asset or its related term are showing as below:

HKSE:02258' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.22 Max: 0.34
Current: 0.23

During the past 9 years, the highest Equity to Asset Ratio of Watts International Maritime Co was 0.34. The lowest was 0.19. And the median was 0.22.

HKSE:02258's Equity-to-Asset is ranked worse than
81.37% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02258: 0.23

Watts International Maritime Co Equity-to-Asset Historical Data

The historical data trend for Watts International Maritime Co'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.

Watts International Maritime Co Equity-to-Asset Chart

Watts International Maritime Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.19

0.21

0.23

Watts International Maritime Co Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial										0.21	0.22	0.21	0.23	0.23

Competitive Comparison of Watts International Maritime Co's Equity-to-Asset

For the Infrastructure Operations subindustry, Watts International Maritime Co'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.

Watts International Maritime Co's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Watts International Maritime Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Watts International Maritime Co's Equity-to-Asset falls into.

Watts International Maritime Co 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.

Watts International Maritime Co'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
	=	822.628	/	3542.773
	=	0.23

Watts International Maritime Co'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
	=	822.628	/	3542.773
	=	0.23

Watts International Maritime Co (HKSE:02258) 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%.

Watts International Maritime Co Equity-to-Asset Related Terms

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Watts International Maritime Co (HKSE:02258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Watts International Maritime Co Ltd (HKSE:02258) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

2816 Yixian Road, 5th Floor, Tower 17, Baoshan District, Shanghai, CHN

Website

http://www.shbt-china.com

Watts International Maritime Co Ltd is an investment holding company. It is engaged in the port, waterway, and marine engineering work that includes the construction and installation of structures and facilities in river and sea areas. Its business operations comprise Marine construction and Municipal public construction. The company generates maximum revenue from the Municipal public construction segment.

Executives

Wang Likai	2103 Interests held jointly with another person
Wang Shiqin	2103 Interests held jointly with another person
Wang Shizhong	2201 Interest of corporation controlled by you
Wang Xiuchun	2103 Interests held jointly with another person
Ye Kangshun	2201 Interest of corporation controlled by you
Zhou Meng	2103 Interests held jointly with another person
Huazi Holding Limited	2101 Beneficial owner
Hz&bt Development Holding Limited	2101 Beneficial owner
Ye Wang Zhou Holding Limited	2101 Beneficial owner

Watts International Maritime Co (HKSE:02258) Headlines

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