Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wasion Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$5,651 Mil. Wasion Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$15,182 Mil.
Therefore, Wasion Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.37.
The historical rank and industry rank for Wasion Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:03393'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.45 Max: 0.58
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Wasion Holdings was 0.58. The lowest was 0.36. And the median was 0.45.
HKSE:03393's Equity-to-Asset is ranked worse than 79.27% of 3029
companies
in the Industrial Products industry
Industry Median: 0.56
vs HKSE:03393: 0.37
Wasion Holdings Equity-to-Asset Historical Data
The historical data trend for Wasion 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.
Competitive Comparison of Wasion Holdings's Equity-to-Asset
For the Electrical Equipment & Parts subindustry, Wasion 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.
Wasion Holdings's Equity-to-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Wasion Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Wasion Holdings's Equity-to-Asset falls into.
Wasion 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.
Wasion Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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%.
Wasion Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Wasion Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Wasion Holdings Ltd supplies energy metering products. The firm has three segments: Communication & fluid Advanced metering infrastructure segment, which engages in the development, manufacture, and sale of communication terminals and water, gas, and heat metering products; Power Advanced Metering Infrastructure segment develops, manufactures, and sells smart power meters and provides respective system solutions; Advanced Distribution Operations segment is engaged in the manufacture and sale of smart power distribution devices and providing smart power distribution solutions and energy efficiency solutions. Its geographical segments are China, the Middle East, South America, Africa, Asia (except PRC), Europe, and Others, of which the majority of its revenue comes from China.
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