Horizon Construction Development (HKSE:09930) Equity-to-Asset : 0.31 (As of Dec. 2024)

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What is Horizon Construction Development Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Horizon Construction Development's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$12,234 Mil. Horizon Construction Development's Total Assets for the quarter that ended in Dec. 2024 was HK$38,900 Mil. Therefore, Horizon Construction Development's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.31.

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

HKSE:09930' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.31 Max: 0.35
Current: 0.31

During the past 5 years, the highest Equity to Asset Ratio of Horizon Construction Development was 0.35. The lowest was 0.22. And the median was 0.31.

HKSE:09930's Equity-to-Asset is ranked worse than
76.51% of 1077 companies
in the Business Services industry
Industry Median: 0.51 vs HKSE:09930: 0.31

Horizon Construction Development Equity-to-Asset Historical Data

The historical data trend for Horizon Construction Development'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.

Horizon Construction Development Equity-to-Asset Chart

Horizon Construction Development Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Equity-to-Asset

0.34

0.22

0.35

0.31

Horizon Construction Development Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Equity-to-Asset	Get a 7-Day Free Trial			0.22	0.33	0.35	0.31	0.31

Competitive Comparison of Horizon Construction Development's Equity-to-Asset

For the Rental & Leasing Services subindustry, Horizon Construction Development'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.

Horizon Construction Development's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon Construction Development's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Horizon Construction Development's Equity-to-Asset falls into.

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Horizon Construction Development 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.

Horizon Construction Development's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	12233.76	/	38899.757
	=	0.31

Horizon Construction Development's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	12233.76	/	38899.757
	=	0.31

Horizon Construction Development (HKSE:09930) 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%.

Horizon Construction Development Equity-to-Asset Related Terms

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

Horizon Construction Development Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (HKSE:09930) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

B7H:Germany

Address

200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN

Website

http://www.hongxinjianfa.com

Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment which is engaged in leasing equipment and materials to customers and generating revenue mainly from rental fees payable by customers.

Executives

He Zi Ming	2101 Beneficial owner
Far East Horizon Limited	2101 Beneficial owner
Farsighted Wit Limited
Tian Jin Hong Sheng Zu Lin You Xian Gong Si
Tian Jin Hong Jian Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Tian Jin Lan Jin Qi Ye Guan Li Zi Xun Zhong Xin You Xian He Huo
Yuan Dong Guo Ji Rong Zi Zu Lin You Xian Gong Si
Yuan Dong Hong Xin Tian Jin Rong Zi Zu Lin You Xian Gong Si

Horizon Construction Development Headlines

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