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Gemilang International (HKSE:06163) Equity-to-Asset : 0.40 (As of Oct. 2023)


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What is Gemilang International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gemilang International's Total Stockholders Equity for the quarter that ended in Oct. 2023 was HK$107.6 Mil. Gemilang International's Total Assets for the quarter that ended in Oct. 2023 was HK$267.2 Mil. Therefore, Gemilang International's Equity to Asset Ratio for the quarter that ended in Oct. 2023 was 0.40.

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

HKSE:06163' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1   Med: 0.41   Max: 0.53
Current: 0.4

During the past 11 years, the highest Equity to Asset Ratio of Gemilang International was 0.53. The lowest was 0.10. And the median was 0.41.

HKSE:06163's Equity-to-Asset is ranked worse than
60.92% of 1310 companies
in the Vehicles & Parts industry
Industry Median: 0.465 vs HKSE:06163: 0.40

Gemilang International Equity-to-Asset Historical Data

The historical data trend for Gemilang International'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.

Gemilang International Equity-to-Asset Chart

Gemilang International Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.45 0.53 0.46 0.40

Gemilang International Semi-Annual Data
Oct13 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.43 0.46 0.48 0.40

Competitive Comparison of Gemilang International's Equity-to-Asset

For the Auto Parts subindustry, Gemilang International'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.


Gemilang International's Equity-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Gemilang International's Equity-to-Asset distribution charts can be found below:

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



Gemilang International 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.

Gemilang International's Equity to Asset Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=107.58/267.226
=0.40

Gemilang International's Equity to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Equity to Asset (Q: Oct. 2023 )=Total Stockholders Equity/Total Assets
=107.58/267.226
=0.40

* 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.


Gemilang International  (HKSE:06163) 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%.


Gemilang International Equity-to-Asset Related Terms

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


Gemilang International (HKSE:06163) Business Description

Traded in Other Exchanges
N/A
Address
Ptd 42326, Jalan Seelong, Mukim Senai, Senai, JHR, MYS, 81400
Gemilang International Ltd designs and manufactures bus bodies and assembles buses. The Group divides its target markets into two segments, namely core markets which comprise Singapore and Malaysia, and developing markets which comprise all other markets to where the Group exports its products to, including Australia, Hong Kong, the USA and Uzbekistan. The Group's buses, comprising city buses and coaches in aluminium, mainly serve public and private bus transportation operators in its target markets. The Group's products mainly include single deck, double deck and articulated city buses, as well as single deck, double deck and high deck coaches. It derives a majority of revenue from Singapore.
Executives
Low Poh Teng 2202 Interest of your spouse
Pang Chong Yong 2101 Beneficial owner
Kan Suk Ping 2101 Beneficial owner
Golden Castle Investments Limited 2101 Beneficial owner
Gold-face Finance Limited 2106 Person having a security interest in shares
Upbest Group Limited 2201 Interest of corporation controlled by you

Gemilang International (HKSE:06163) Headlines

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