Ho Wah Genting Bhd (XKLS:9601) Equity-to-Asset: 0.51 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ho Wah Genting Bhd Equity-to-Asset?

Ho Wah Genting Bhd XKLS:9601 Equity-to-Asset is 0.51 as of Jun. 2026, which is 6% below its 10-year median of 0.54. The stock has 8 warning signs investors should review. Among 3,088 Industrial Products companies, Ho Wah Genting Bhd ranks worse than 57.8% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Ho Wah Genting Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM82.8 Mil. Ho Wah Genting Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM163.1 Mil. Therefore, Ho Wah Genting Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.51.

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

XKLS:9601' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.54   Max: 0.69
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Ho Wah Genting Bhd was 0.69. The lowest was 0.30. And the median was 0.54.

XKLS:9601's Equity-to-Asset is ranked worse than
57.8% of 3088 companies
in the Industrial Products industry
Industry Median: 0.56 vs XKLS:9601: 0.51

Ho Wah Genting Bhd  (XKLS:9601) 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%.


Ho Wah Genting Bhd Equity-to-Asset Related Terms


Ho Wah Genting Bhd Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Equity-to-Asset Chart

Ho Wah Genting Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Apr22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.41 0.67 0.60 0.62

Ho Wah Genting Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.62 0.64 0.51

XKLS:9601 vs VRT, BE, HUBB: Equity-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.


Ho Wah Genting Bhd Equity-to-Asset vs Industrial Products Industry

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

* The bar in red indicates where Ho Wah Genting Bhd's Equity-to-Asset falls into.



Ho Wah Genting 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.

Ho Wah Genting Bhd's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=78.436/125.935
=0.62

Ho Wah Genting Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=82.826/163.06
=0.51

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.51 mean?
Ho Wah Genting Bhd (XKLS:9601) has a Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ho Wah Genting Bhd and its competitors. This is near median its historical median of 0.54. Over the past decade, Ho Wah Genting Bhd's Equity-to-Asset has ranged from 0.30 to 0.69. According to the industry distribution chart, Ho Wah Genting Bhd ranks #1785 out of 3088 companies in the Industrial Products industry, placing it in the top 57.8%.
Is Ho Wah Genting Bhd's Equity-to-Asset too high?
Ho Wah Genting Bhd's current Equity-to-Asset of 0.51 is near median its 10-year median of 0.54. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.69. The Industrial Products industry median Equity-to-Asset is 0.56. Ho Wah Genting Bhd's value of 0.51 is 8.9% below this industry median. Based on the distribution chart, Ho Wah Genting Bhd ranks #1785 out of 3088 companies in the Industrial Products industry, which is below the industry midpoint.
How does Ho Wah Genting Bhd's Equity-to-Asset compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ho Wah Genting Bhd ranks #1785 out of 3088 companies for Equity-to-Asset. This places Ho Wah Genting Bhd in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Ho Wah Genting Bhd's value of 0.51 is 8.9% below this benchmark. Historically, Ho Wah Genting Bhd's own Equity-to-Asset has ranged from 0.30 to 0.69 over the past decade. While the company's 10-year median is 0.54 vs. the industry median of 0.56, Ho Wah Genting Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Industrial Products company?
The median Equity-to-Asset among Industrial Products companies is 0.56, based on 3,088 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ho Wah Genting Bhd's current Equity-to-Asset of 0.51 is 8.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Ho Wah Genting Bhd and its competitors. For the Industrial Products industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ho Wah Genting Bhd's current Equity-to-Asset is 0.51, which is near median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ho Wah Genting Bhd stock overvalued right now?
Based on GuruFocus' analysis, Ho Wah Genting Bhd (XKLS:9601) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.13, compared to a current price of RM0.09 — trading 34.6% below its estimated fair value. The current Equity-to-Asset is 0.51, which is near median its 10-year median of 0.54 and 8.9% below the Industrial Products industry median of 0.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Ho Wah Genting Bhd (XKLS:9601), the current Equity-to-Asset is 0.51 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Ho Wah Genting Bhd Business Description

Address No. 35, Jalan Maharajalela, 3rd Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150
Ho Wah Genting Bhd is an integrated manufacturer engaged in manufacturing of wires and cables, power supply cord sets, and moulded cable assemblies for original equipment manufacturers (OEM) of electrical and electronic devices and for original design manufacturers (ODM). Its segments include Investment engaged in investment in properties and investment by the holding company; Moulded power supply cord sets engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment; and Healthcare engaged in healthcare related businesses which includes the health supplement, biotechnology and healthcare technology.