Hao Bai International (Cayman) (HKSE:08431) Equity-to-Asset : 0.19 (As of Sep. 2023)

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What is Hao Bai International (Cayman) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hao Bai International (Cayman)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$19.89 Mil. Hao Bai International (Cayman)'s Total Assets for the quarter that ended in Sep. 2023 was HK$106.87 Mil. Therefore, Hao Bai International (Cayman)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.19.

The historical rank and industry rank for Hao Bai International (Cayman)'s Equity-to-Asset or its related term are showing as below:

HKSE:08431' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.01 Med: 0.46 Max: 0.71
Current: 0.19

During the past 9 years, the highest Equity to Asset Ratio of Hao Bai International (Cayman) was 0.71. The lowest was 0.01. And the median was 0.46.

HKSE:08431's Equity-to-Asset is ranked worse than
85.76% of 1692 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:08431: 0.19

Hao Bai International (Cayman) Equity-to-Asset Historical Data

The historical data trend for Hao Bai International (Cayman)'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.

Hao Bai International (Cayman) Equity-to-Asset Chart

Hao Bai International (Cayman) Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.52

0.49

0.40

0.23

0.01

Hao Bai International (Cayman) 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															0.26	-	0.01	-	0.19

Competitive Comparison of Hao Bai International (Cayman)'s Equity-to-Asset

For the Engineering & Construction subindustry, Hao Bai International (Cayman)'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.

Hao Bai International (Cayman)'s Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hao Bai International (Cayman)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hao Bai International (Cayman)'s Equity-to-Asset falls into.

Hao Bai International (Cayman) 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.

Hao Bai International (Cayman)'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
	=	0.788	/	84.138
	=	0.01

Hao Bai International (Cayman)'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
	=	19.886	/	106.87
	=	0.19

Hao Bai International (Cayman) (HKSE:08431) 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%.

Hao Bai International (Cayman) Equity-to-Asset Related Terms

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

Hao Bai International (Cayman) (HKSE:08431) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hao Bai International (Cayman) Ltd (HKSE:08431) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 883 Cheung Sha Wan Road, Unit 1B, 10/F, Elite Industrial Centre, Kowloon, Hong Kong, HKG

Website

http://www.harmonyasia.com

Hao Bai International (Cayman) Ltd is an investment holding company. The company is engaged in the provision of design, procurement, and installation services of water circulation systems. Its services are mainly categorized as Management contracting services, Consultancy Services, The company generates maximum revenue from the Management contracting services segment that engages in the provision of design, procurement, and installation services of the water circulation systems. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau.

Executives

Prudential Brokerage Limited	2106 Person having a security interest in shares
Li Dongyan	2201 Interest of corporation controlled by you
Zhuiri Law And Business International Holding Group Limited	2101 Beneficial owner
Song Chenglei	2101 Beneficial owner
Harmony Asia International Limited	2101 Beneficial owner
Nam Ho Kwan	2101 Beneficial owner
Chen Mingxia	2101 Beneficial owner

Hao Bai International (Cayman) (HKSE:08431) Headlines

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