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Pokfulam Development Co (HKSE:00225) Equity-to-Asset : 0.91 (As of Sep. 2023)


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What is Pokfulam Development Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Pokfulam Development Co's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$5,250.3 Mil. Pokfulam Development Co's Total Assets for the quarter that ended in Sep. 2023 was HK$5,749.1 Mil. Therefore, Pokfulam Development Co's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.91.

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

HKSE:00225' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.91   Med: 0.97   Max: 0.97
Current: 0.91

During the past 13 years, the highest Equity to Asset Ratio of Pokfulam Development Co was 0.97. The lowest was 0.91. And the median was 0.97.

HKSE:00225's Equity-to-Asset is ranked better than
93.89% of 1834 companies
in the Real Estate industry
Industry Median: 0.44 vs HKSE:00225: 0.91

Pokfulam Development Co Equity-to-Asset Historical Data

The historical data trend for Pokfulam Development Co'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.

Pokfulam Development Co Equity-to-Asset Chart

Pokfulam Development Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.97 0.97 0.93 0.91

Pokfulam Development Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.97 0.92 0.93 0.92 0.91

Competitive Comparison of Pokfulam Development Co's Equity-to-Asset

For the Real Estate Services subindustry, Pokfulam Development Co'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.


Pokfulam Development Co's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pokfulam Development Co's Equity-to-Asset distribution charts can be found below:

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



Pokfulam Development Co 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.

Pokfulam Development Co's Equity to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Equity to Asset (A: Sep. 2023 )=Total Stockholders Equity/Total Assets
=5250.254/5749.1
=0.91

Pokfulam Development Co'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
=5250.254/5749.1
=0.91

* 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.


Pokfulam Development Co  (HKSE:00225) 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%.


Pokfulam Development Co Equity-to-Asset Related Terms

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Pokfulam Development Co (HKSE:00225) Business Description

Traded in Other Exchanges
N/A
Address
93-107 Lockhart Road, 23rd Floor, Beverly House, Wanchai, Hong Kong, HKG
Pokfulam Development Co Ltd is a property investment and investment holding company. The company operates mainly in three business segments: Property Investment and Management segment is engaged in the letting and management of commercial industrial and residential properties; Trading of Goods segment is involved in the trading of visual and sound equipment, and home appliances; and Securities Investment segment deals in listed securities. The majority of its revenue is derived from Property Investment and Management. The company's portfolio includes residential developments as well as commercial and industrial buildings. All of its revenues are generated in Hong Kong.

Pokfulam Development Co (HKSE:00225) Headlines

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