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Dufu Technology Bhd (XKLS:7233) Equity-to-Asset : 0.78 (As of Mar. 2024)


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What is Dufu Technology Bhd Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Dufu Technology Bhd's Total Stockholders Equity for the quarter that ended in Mar. 2024 was RM347.3 Mil. Dufu Technology Bhd's Total Assets for the quarter that ended in Mar. 2024 was RM444.7 Mil. Therefore, Dufu Technology Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.78.

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

XKLS:7233' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58   Med: 0.79   Max: 0.84
Current: 0.78

During the past 13 years, the highest Equity to Asset Ratio of Dufu Technology Bhd was 0.84. The lowest was 0.58. And the median was 0.79.

XKLS:7233's Equity-to-Asset is ranked better than
83.11% of 3038 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:7233: 0.78

Dufu Technology Bhd Equity-to-Asset Historical Data

The historical data trend for Dufu Technology Bhd'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.

Dufu Technology Bhd Equity-to-Asset Chart

Dufu Technology Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 0.82 0.81 0.80 0.82

Dufu Technology Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.80 0.82 0.81 0.82 0.78

Competitive Comparison of Dufu Technology Bhd's Equity-to-Asset

For the Metal Fabrication subindustry, Dufu Technology Bhd'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.


Dufu Technology Bhd's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dufu Technology Bhd's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Dufu Technology Bhd's Equity-to-Asset falls into.



Dufu Technology Bhd 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.

Dufu Technology Bhd'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
=340.424/417.375
=0.82

Dufu Technology Bhd's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=347.275/444.743
=0.78

* 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.


Dufu Technology Bhd  (XKLS:7233) 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%.


Dufu Technology Bhd Equity-to-Asset Related Terms

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


Dufu Technology Bhd (XKLS:7233) Business Description

Traded in Other Exchanges
N/A
Address
Plot 19, Hilir Sungai Keluang 2, Taman Perindustrian Bayan Lepas, Phase IV, Bayan Lepas, PNG, MYS, 11900
Dufu Technology Corp Bhd is engaged in the manufacture and sale of industrial products, and trading of computer disk-drive and related components. It is involved in the design, development, manufacture, assembly, and trade of die components, and precision machining of vice, computer peripherals, and parts for hard disk drives. Its product portfolio consists of precision turning products, precision machining products, metal stamping, sheet metal fabrication, tool and die fabrication, and plastic components. The company serves HDD, industrial safety and sensor, telecommunication, computer, and consumer electronics industries. Geographically it generates the majority of its revenue from Thailand.

Dufu Technology Bhd (XKLS:7233) Headlines

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