Brightstar Technology Group Co (HKSE:08446) Equity-to-Asset : 0.33 (As of Dec. 2023)

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What is Brightstar Technology Group Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Brightstar Technology Group Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$131.51 Mil. Brightstar Technology Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$404.69 Mil. Therefore, Brightstar Technology Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

The historical rank and industry rank for Brightstar Technology Group Co's Equity-to-Asset or its related term are showing as below:

HKSE:08446' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.53 Max: 0.81
Current: 0.33

During the past 9 years, the highest Equity to Asset Ratio of Brightstar Technology Group Co was 0.81. The lowest was 0.24. And the median was 0.53.

HKSE:08446's Equity-to-Asset is ranked worse than
69.57% of 1055 companies
in the Media - Diversified industry
Industry Median: 0.52 vs HKSE:08446: 0.33

Brightstar Technology Group Co Equity-to-Asset Historical Data

The historical data trend for Brightstar Technology Group Co'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.

Brightstar Technology Group Co Equity-to-Asset Chart

Brightstar Technology Group Co Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

Dec23

Equity-to-Asset

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0.81

0.70

0.53

0.33

Brightstar Technology Group Co Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Mar23	Jun23	Sep23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial															0.16	-	0.36	-	0.33

Competitive Comparison of Brightstar Technology Group Co's Equity-to-Asset

For the Entertainment subindustry, Brightstar Technology Group Co'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.

Brightstar Technology Group Co's Equity-to-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Brightstar Technology Group Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Brightstar Technology Group Co's Equity-to-Asset falls into.

Brightstar Technology Group Co 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.

Brightstar Technology Group Co'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
	=	131.512	/	404.694
	=	0.32

Brightstar Technology Group Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	131.512	/	404.694
	=	0.32

Brightstar Technology Group Co (HKSE:08446) 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%.

Brightstar Technology Group Co Equity-to-Asset Related Terms

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

Brightstar Technology Group Co (HKSE:08446) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brightstar Technology Group Co Ltd (HKSE:08446) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Wing Yip Street, Hoi Bun Industrial Building, Unit D2, 5th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.intechproductions.com

Brightstar Technology Group Co Ltd Formerly In Technical Productions Holdings Ltd is a visual display solution services and information technology consulting services. The company produces image processors, LED, large screen projectors, and other products. It is principally engaged in the provision of visual display solution services for pop concerts, corporate events, and exhibitions in Hong Kong, Macau, and the Greater China region. Information technology consulting services segment is engaged in one-stop technical consulting services and solutions for e-commerce business platforms; and the metaverse technology business.

Executives

Ma Lie	2201 Interest of corporation controlled by you
St Ma Ltd	2101 Beneficial owner
Yuanyu Enterprise Management Co., Limited	2101 Beneficial owner
Zhou Hongyu	2201 Interest of corporation controlled by you
Next Vision Management Limited	2101 Beneficial owner
Yeung Ho Ting Dennis	2201 Interest of corporation controlled by you
Ma Lie	2201 Interest of corporation controlled by you
Mo Suyun	2201 Interest of corporation controlled by you
Zhongsheng Asset Management Co., Limited	2101 Beneficial owner

Brightstar Technology Group Co (HKSE:08446) Headlines

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