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Kimou Environmental Holding (HKSE:06805) Equity-to-Asset : 0.21 (As of Jun. 2024)


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What is Kimou Environmental Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kimou Environmental Holding's Total Stockholders Equity for the quarter that ended in Jun. 2024 was HK$1,163 Mil. Kimou Environmental Holding's Total Assets for the quarter that ended in Jun. 2024 was HK$5,528 Mil. Therefore, Kimou Environmental Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.21.

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

HKSE:06805' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.25   Max: 0.34
Current: 0.21

During the past 8 years, the highest Equity to Asset Ratio of Kimou Environmental Holding was 0.34. The lowest was 0.06. And the median was 0.25.

HKSE:06805's Equity-to-Asset is ranked worse than
88.05% of 251 companies
in the Waste Management industry
Industry Median: 0.46 vs HKSE:06805: 0.21

Kimou Environmental Holding Equity-to-Asset Historical Data

The historical data trend for Kimou Environmental Holding'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.

Kimou Environmental Holding Equity-to-Asset Chart

Kimou Environmental Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial 0.33 0.33 0.29 0.26 0.23

Kimou Environmental Holding Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.28 0.26 0.23 0.23 0.21

Competitive Comparison of Kimou Environmental Holding's Equity-to-Asset

For the Waste Management subindustry, Kimou Environmental Holding'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.


Kimou Environmental Holding's Equity-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Kimou Environmental Holding's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kimou Environmental Holding's Equity-to-Asset falls into.



Kimou Environmental Holding 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.

Kimou Environmental Holding's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1239.241/5396.817
=0.23

Kimou Environmental Holding's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=1162.958/5527.633
=0.21

* 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.


Kimou Environmental Holding  (HKSE:06805) 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%.


Kimou Environmental Holding Equity-to-Asset Related Terms

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Kimou Environmental Holding Business Description

Traded in Other Exchanges
N/A
Address
Longhua Road, Longxi Street, Boluo County, Guangdong Province, Huizhou, CHN
Kimou Environmental Holding Ltd mainly involves the provision of factory premises and centralized wastewater treatment services. The company's operating segment includes Rental and facilities usage; Wastewater treatment and utilities and Sales of goods and ancillary business. It generates maximum revenue from the Rental and facilities usage segment. Wastewater treatment and utilities segment conducts industrial park property development and management business. Geographically, it derives revenue from China.
Executives
Flourish Investment International Limited 2101 Beneficial owner
Zhang Lianghong 2201 Interest of corporation controlled by you
Lee Yuk Kong 2101 Beneficial owner
Premier Investment Worldwide Company Limited 2101 Beneficial owner

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