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IBO Technology Co (HKSE:02708) Equity-to-Asset : 0.27 (As of Sep. 2023)


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What is IBO Technology Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. IBO Technology Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$467.9 Mil. IBO Technology Co's Total Assets for the quarter that ended in Sep. 2023 was HK$1,765.1 Mil. Therefore, IBO Technology Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.27.

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

HKSE:02708' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24   Med: 0.4   Max: 0.73
Current: 0.27

During the past 9 years, the highest Equity to Asset Ratio of IBO Technology Co was 0.73. The lowest was 0.24. And the median was 0.40.

HKSE:02708's Equity-to-Asset is ranked worse than
79.77% of 2843 companies
in the Software industry
Industry Median: 0.55 vs HKSE:02708: 0.27

IBO Technology Co Equity-to-Asset Historical Data

The historical data trend for IBO Technology 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.

IBO Technology Co Equity-to-Asset Chart

IBO Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.51 0.40 0.35 0.34 0.24

IBO Technology Co Semi-Annual Data
Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.45 0.34 0.36 0.24 0.27

Competitive Comparison of IBO Technology Co's Equity-to-Asset

For the Software - Infrastructure subindustry, IBO Technology 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.


IBO Technology Co's Equity-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, IBO Technology Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where IBO Technology Co's Equity-to-Asset falls into.



IBO Technology 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.

IBO Technology Co'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
=585.281/2425.311
=0.24

IBO Technology Co'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
=467.898/1765.135
=0.27

* 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.


IBO Technology Co  (HKSE:02708) 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%.


IBO Technology Co Equity-to-Asset Related Terms

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


IBO Technology Co (HKSE:02708) Business Description

Traded in Other Exchanges
N/A
Address
No. 9116 Beihuan Avenue, Level 6, Block A, Fu Wah Technology Building, Nanshan, Shenzhen, CHN
IBO Technology Co Ltd is engaged in providing the Internet of Things (IoT) intelligent terminal product applications and solutions services in the People's Republic of China. The company operates in four segments. Its System integration segment provides coordination, management, and installation services. The Intelligent terminal products sales segment is involved in the sale of intelligent terminal products. Its Software development segment develops customized software. The company's System maintenance services segment renders system maintenance services. The key revenue is derived from the Intelligent terminal products sales segment. The company earns the majority of its revenue is derived from customers located in the PRC.
Executives
Shine Well Holdings Limited 2101 Beneficial owner
Ho Fung Lin 2202 Interest of your spouse
Lai Tse Ming 2101 Beneficial owner
Han Xiao
Xiong Shaoming
Value Convergence Holdings Limited 2101 Beneficial owner
Cheng Yao Chun
Liao Cheng Chi
Skill Time Developments Limited
Lo Yu Sai 2101 Beneficial owner
Tang Chiu Mui 2202 Interest of your spouse
Yu Shaoguang
Zheng Miaofang

IBO Technology Co (HKSE:02708) Headlines

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