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Huabang Technology Holdings (HKSE:03638) Equity-to-Asset : 0.43 (As of Sep. 2023)


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What is Huabang Technology Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Huabang Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$172.4 Mil. Huabang Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$405.0 Mil. Therefore, Huabang Technology Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.43.

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

HKSE:03638' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41   Med: 0.56   Max: 0.99
Current: 0.43

During the past 11 years, the highest Equity to Asset Ratio of Huabang Technology Holdings was 0.99. The lowest was 0.41. And the median was 0.56.

HKSE:03638's Equity-to-Asset is ranked worse than
70.69% of 2487 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:03638: 0.43

Huabang Technology Holdings Equity-to-Asset Historical Data

The historical data trend for Huabang Technology 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.

Huabang Technology Holdings Equity-to-Asset Chart

Huabang Technology Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.58 0.56 0.56 0.41

Huabang Technology Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 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 Premium Member Only Premium Member Only Premium Member Only 0.53 0.56 0.50 0.41 0.43

Competitive Comparison of Huabang Technology Holdings's Equity-to-Asset

For the Computer Hardware subindustry, Huabang Technology 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.


Huabang Technology Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Huabang Technology Holdings's Equity-to-Asset distribution charts can be found below:

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



Huabang Technology 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.

Huabang Technology 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
=179.935/437.887
=0.41

Huabang Technology Holdings'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
=172.422/405.044
=0.43

* 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.


Huabang Technology Holdings  (HKSE:03638) 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%.


Huabang Technology Holdings Equity-to-Asset Related Terms

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


Huabang Technology Holdings (HKSE:03638) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG
Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.
Executives
Cheung Lit Wan Kenneth 2201 Interest of corporation controlled by you
Talent Virtue International Limited 2101 Beneficial owner
Forever Star Capital Limited 2101 Beneficial owner
Shen Wei 2201 Interest of corporation controlled by you
Luo Jian 2101 Beneficial owner
Lin Rui Ping 2101 Beneficial owner
Lu George 2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si 2101 Beneficial owner
China Goldjoy Securities Limited

Huabang Technology Holdings (HKSE:03638) Headlines

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