KRP Development Holdings (HKSE:02421) Equity-to-Asset : 0.55 (As of Mar. 2023)

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What is KRP Development Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. KRP Development Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2023 was HK$943.7 Mil. KRP Development Holdings's Total Assets for the quarter that ended in Mar. 2023 was HK$1,722.7 Mil. Therefore, KRP Development Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 was 0.55.

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

HKSE:02421' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.29 Max: 0.55
Current: 0.55

During the past 4 years, the highest Equity to Asset Ratio of KRP Development Holdings was 0.55. The lowest was 0.19. And the median was 0.29.

HKSE:02421's Equity-to-Asset is ranked better than
66.21% of 1835 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:02421: 0.55

KRP Development Holdings Equity-to-Asset Historical Data

The historical data trend for KRP Development 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.

KRP Development Holdings Equity-to-Asset Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

0.19

0.20

0.38

0.55

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23
Equity-to-Asset	Get a 7-Day Free Trial			0.20	-	0.38	0.50	0.55

Competitive Comparison of KRP Development Holdings's Equity-to-Asset

For the Real Estate - Development subindustry, KRP Development 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.

KRP Development Holdings's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KRP Development Holdings's Equity-to-Asset distribution charts can be found below:

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

KRP Development 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.

KRP Development Holdings'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
	=	943.719	/	1722.724
	=	0.55

KRP Development Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Equity to Asset (Q: Mar. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	943.719	/	1722.724
	=	0.55

KRP Development Holdings (HKSE:02421) 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%.

KRP Development Holdings Equity-to-Asset Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Equity-to-Asset

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

KRP Development Holdings (HKSE:02421) Headlines

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