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Wah Wo Holdings Group (HKSE:09938) Equity-to-Asset : 0.58 (As of Sep. 2024)


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What is Wah Wo Holdings Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Wah Wo Holdings Group's Total Stockholders Equity for the quarter that ended in Sep. 2024 was HK$191.8 Mil. Wah Wo Holdings Group's Total Assets for the quarter that ended in Sep. 2024 was HK$333.7 Mil. Therefore, Wah Wo Holdings Group's Equity to Asset Ratio for the quarter that ended in Sep. 2024 was 0.58.

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

HKSE:09938' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.86   Max: 0.91
Current: 0.58

During the past 8 years, the highest Equity to Asset Ratio of Wah Wo Holdings Group was 0.91. The lowest was 0.58. And the median was 0.86.

HKSE:09938's Equity-to-Asset is ranked better than
70.18% of 1744 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:09938: 0.58

Wah Wo Holdings Group Equity-to-Asset Historical Data

The historical data trend for Wah Wo Holdings Group'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.

Wah Wo Holdings Group Equity-to-Asset Chart

Wah Wo Holdings Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Equity-to-Asset
Get a 7-Day Free Trial 0.91 0.91 0.91 0.87 0.71

Wah Wo Holdings Group Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 0.88 0.87 0.86 0.71 0.58

Competitive Comparison of Wah Wo Holdings Group's Equity-to-Asset

For the Building Products & Equipment subindustry, Wah Wo Holdings Group'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.


Wah Wo Holdings Group's Equity-to-Asset Distribution in the Construction Industry

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

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


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Wah Wo Holdings Group 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.

Wah Wo Holdings Group'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
=190.629/269.772
=0.71

Wah Wo Holdings Group'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
=191.847/333.732
=0.57

* 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.


Wah Wo Holdings Group  (HKSE:09938) 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%.


Wah Wo Holdings Group Equity-to-Asset Related Terms

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Wah Wo Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
36–40 Tai Lin Pai Road, Flat A & D, 4th Floor, Phase 1, Kwai Shing Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG
Wah Wo Holdings Group Ltd is engaged in facade works focusing on the window in Hong Kong. The works can be classified into windows, window wall systems, curtain wall systems, and other facade members. It provides design and build services for new buildings and renovation services for built premises and rental of investment properties. Its services generally include developing designs, conducting structural calculations and preparing shop drawings, management and coordination of various aspects of a project which involve procurement of building materials from material suppliers and/or subcontracting of installation works to its subcontractors, on-site project management and post-project completion and maintenance services.
Executives
Ornate Bright Limited 2101 Beneficial owner
Chen Yuet Wa 2201 Interest of corporation controlled by you
Wong Chun Siu 2202 Interest of your spouse

Wah Wo Holdings Group Headlines

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