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Grand Talents Group Holdings (HKSE:08516) Equity-to-Asset : 0.43 (As of Sep. 2024)


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What is Grand Talents Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Grand Talents Group Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$14.84 Mil. Grand Talents Group Holdings's Total Assets for the quarter that ended in Sep. 2024 was HK$34.79 Mil.

The historical rank and industry rank for Grand Talents Group Holdings's Equity-to-Asset or its related term are showing as below:

HKSE:08516' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.56   Max: 0.72
Current: 0.43

During the past 9 years, the highest Equity to Asset Ratio of Grand Talents Group Holdings was 0.72. The lowest was 0.40. And the median was 0.56.

HKSE:08516's Equity-to-Asset is ranked worse than
52.12% of 1744 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:08516: 0.43

Grand Talents Group Holdings Equity-to-Asset Historical Data

The historical data trend for Grand Talents Group 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.

Grand Talents Group Holdings Equity-to-Asset Chart

Grand Talents Group Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.57 0.40 0.70 0.55 0.41

Grand Talents Group 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 0.55 - 0.61 0.41 0.43

Competitive Comparison of Grand Talents Group Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Grand Talents Group 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.


Grand Talents Group Holdings's Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Grand Talents Group Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Grand Talents Group Holdings's Equity-to-Asset falls into.


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Grand Talents Group 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.

Grand Talents Group 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
=11.265/27.682
=0.41

Grand Talents Group 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
=14.842/34.787
=

* 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.


Grand Talents Group Holdings  (HKSE:08516) 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%.


Grand Talents Group Holdings Equity-to-Asset Related Terms

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


Grand Talents Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Wang Kwong Road, Office 15, 9th Floor, Mega Cube, Kowloon, Hong Kong, HKG
Grand Talents Group Holdings Ltd is an investment holding company engaged in civil engineering construction works. The group principally repairs and maintains structures of roads and highways in Hong Kong. The business activities of the group function through Civil engineering construction work and Repair & maintenance work segments. Under the works Civil engineering segment, the group focuses on road and highway-related infrastructures, whereas the Repair and maintenance works include repair and maintenance work of structures of roads and highways. The company derives a majority of revenue from the Repair and maintenance works segment. All the operations generally function in Hong Kong.
Executives
Chen Jiaduo 2101 Beneficial owner
Ha Chak Hung 2401 A concert party to an agreement to buy shares
Ip Chu Shing 2101 Beneficial owner
Talent Prime Group Limited 2101 Beneficial owner
Chung Ching Yan 2202 Interest of your spouse
Lee Ming Ho 2202 Interest of your spouse
Zhao Yue 2202 Interest of your spouse
Lau Yik Lok 2201 Interest of corporation controlled by you
Jun Sheng Kong Gu You Xian Gong Si 2101 Beneficial owner
Yu Yong You Xian Gong Si 2101 Beneficial owner

Grand Talents Group Holdings Headlines

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