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Coolpoint Innonism Holding (HKSE:08040) Equity-to-Asset : 0.49 (As of Sep. 2023)


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What is Coolpoint Innonism Holding Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Coolpoint Innonism Holding's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$79.4 Mil. Coolpoint Innonism Holding's Total Assets for the quarter that ended in Sep. 2023 was HK$161.1 Mil. Therefore, Coolpoint Innonism Holding's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.49.

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

HKSE:08040' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.59   Max: 0.7
Current: 0.49

During the past 8 years, the highest Equity to Asset Ratio of Coolpoint Innonism Holding was 0.70. The lowest was 0.19. And the median was 0.59.

HKSE:08040's Equity-to-Asset is ranked worse than
50.55% of 1088 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:08040: 0.49

Coolpoint Innonism Holding Equity-to-Asset Historical Data

The historical data trend for Coolpoint Innonism 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.

Coolpoint Innonism Holding Equity-to-Asset Chart

Coolpoint Innonism Holding Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial 0.61 0.67 0.70 0.57 0.57

Coolpoint Innonism Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.57 - 0.49

Competitive Comparison of Coolpoint Innonism Holding's Equity-to-Asset

For the Consulting Services subindustry, Coolpoint Innonism 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.


Coolpoint Innonism Holding's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Coolpoint Innonism Holding's Equity-to-Asset distribution charts can be found below:

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



Coolpoint Innonism 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.

Coolpoint Innonism Holding'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
=82.723/144.383
=0.57

Coolpoint Innonism Holding'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
=79.447/161.083
=0.49

* 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.


Coolpoint Innonism Holding  (HKSE:08040) 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%.


Coolpoint Innonism Holding Equity-to-Asset Related Terms

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Coolpoint Innonism Holding (HKSE:08040) Business Description

Traded in Other Exchanges
N/A
Address
63-65 Hung To Road, Room D, 12th Floor, Lucky Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
Coolpoint Innonism Holding Ltd is principally engaged in the provision of fitting-out, Nano-AM application services and renovation services in Hong Kong. The fitting-out and renovation services of the Group mainly include the provision of interior fitting-out and renovation services for different types of premises in the private sector, including residential apartments and residential dwellings, show flats, clubhouses, sale offices, public areas in residential and commercial buildings, office, shopping malls and shops in Hong Kong. Nano-Am application services include refers to the provision and application of nanophotocatalytic antifouling materials (the "Nano-AM") on various types of repairs and maintenance work for yachts.
Executives
Chen Yi-sung 2101 Beneficial owner
Advance Goal Group Limited 2101 Beneficial owner
Cheng Tsang Fu Dennis 2201 Interest of corporation controlled by you
Cheng Tsang Wai 2201 Interest of corporation controlled by you
Chow Siu Shan Juliana 2202 Interest of your spouse
Liu Lee Lee Lily 2201 Interest of corporation controlled by you

Coolpoint Innonism Holding (HKSE:08040) Headlines

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