Sheung Moon Holdings (HKSE:08523) Equity-to-Asset : -0.95 (As of Sep. 2023)

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What is Sheung Moon Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Sheung Moon Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$-65.3 Mil. Sheung Moon Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$68.5 Mil. Therefore, Sheung Moon Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was -0.95.

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

HKSE:08523' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.95 Med: 0.45 Max: 0.56
Current: -0.95

During the past 8 years, the highest Equity to Asset Ratio of Sheung Moon Holdings was 0.56. The lowest was -0.95. And the median was 0.45.

HKSE:08523's Equity-to-Asset is ranked worse than
99.05% of 1684 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:08523: -0.95

Sheung Moon Holdings Equity-to-Asset Historical Data

The historical data trend for Sheung Moon 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.

Sheung Moon Holdings Equity-to-Asset Chart

Sheung Moon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Equity-to-Asset

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0.51

0.44

0.48

-0.14

-0.70

Sheung Moon Holdings 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															0.46	-	-0.70	-	-0.95

Competitive Comparison of Sheung Moon Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Sheung Moon 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.

Sheung Moon Holdings's Equity-to-Asset Distribution in the Construction Industry

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

* The bar in red indicates where Sheung Moon Holdings's Equity-to-Asset falls into.

Sheung Moon 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.

Sheung Moon Holdings'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
	=	-52.888	/	76.043
	=	-0.70

Sheung Moon Holdings'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
	=	-65.288	/	68.532
	=	-0.95

Sheung Moon Holdings (HKSE:08523) 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%.

Sheung Moon Holdings Equity-to-Asset Related Terms

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

Sheung Moon Holdings (HKSE:08523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheung Moon Holdings Ltd (HKSE:08523) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 79 Wing Hong Street, Office D, 27th Floor, The Globe, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.smcl.com.hk

Sheung Moon Holdings Ltd is an investment holding company. The company is engaged in the provision of site formation works, road and drainage works, and structural works in both the public and private sectors. It generates revenue from the provision of civil engineering construction services. Geographically, it derives revenue from Hong Kong.

Sheung Moon Holdings (HKSE:08523) Headlines

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