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Chi Ho Development Holdings (HKSE:08423) Equity-to-Asset : 0.39 (As of Sep. 2024)


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What is Chi Ho Development Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Chi Ho Development Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$166.1 Mil. Chi Ho Development Holdings's Total Assets for the quarter that ended in Sep. 2024 was HK$422.8 Mil.

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

HKSE:08423' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.43   Max: 0.51
Current: 0.39

During the past 10 years, the highest Equity to Asset Ratio of Chi Ho Development Holdings was 0.51. The lowest was 0.13. And the median was 0.43.

HKSE:08423's Equity-to-Asset is ranked worse than
58.85% of 1740 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:08423: 0.39

Chi Ho Development Holdings Equity-to-Asset Historical Data

The historical data trend for Chi Ho Development 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.

Chi Ho Development Holdings Equity-to-Asset Chart

Chi Ho Development Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.49 0.46 0.43 0.40

Chi Ho Development Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 0.43 - 0.42 0.40 0.39

Competitive Comparison of Chi Ho Development Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Chi Ho Development 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.


Chi Ho Development Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Chi Ho Development Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Chi Ho Development Holdings's Equity-to-Asset falls into.



Chi Ho Development 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.

Chi Ho Development Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Equity to Asset (A: Mar. 2024 )=Total Stockholders Equity/Total Assets
=157.12/397.256
=0.40

Chi Ho Development Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Equity to Asset (Q: Sep. 2024 )=Total Stockholders Equity/Total Assets
=166.13/422.809
=

* 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.


Chi Ho Development Holdings  (HKSE:08423) 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%.


Chi Ho Development Holdings Equity-to-Asset Related Terms

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


Chi Ho Development Holdings Business Description

Traded in Other Exchanges
N/A
Address
77–81 Container Port Road, Units 901, 902 and 908, 9/F, Magnet Place Tower 1, Kwai Chung, New Territories, Hong Kong, HKG
Chi Ho Development Holdings Ltd is an investment holding company. Its operating segments include Building renovation and construction which includes renovation and maintenance works, alteration and addition works and fitting-out works, and site formation and geotechnical works in Hong Kong. and Property which includes property investment in Hong Kong. The group's revenue is generated from Hong Kong.
Executives
Diamondfield Holdings Limited 2401 A concert party to an agreement to buy shares
Sharp Talent Holdings Limited 2101 Beneficial owner
Ho Chi Kwan 2401 A concert party to an agreement to buy shares
Leung Ka Ho, Raymond 2201 Interest of corporation controlled by you

Chi Ho Development Holdings Headlines

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