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OKG Technology Holdings (HKSE:01499) Equity-to-Asset : 0.18 (As of Sep. 2023)


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What is OKG Technology Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. OKG Technology Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$196.4 Mil. OKG Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$1,075.1 Mil. Therefore, OKG Technology Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.18.

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

HKSE:01499' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.13   Med: 0.5   Max: 0.84
Current: 0.18

During the past 9 years, the highest Equity to Asset Ratio of OKG Technology Holdings was 0.84. The lowest was 0.13. And the median was 0.50.

HKSE:01499's Equity-to-Asset is ranked worse than
86.41% of 1678 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01499: 0.18

OKG Technology Holdings Equity-to-Asset Historical Data

The historical data trend for OKG Technology Holdings'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.

OKG Technology Holdings Equity-to-Asset Chart

OKG Technology Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.58 0.50 0.36 0.16 0.19

OKG Technology Holdings Semi-Annual Data
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 0.37 0.16 0.13 0.19 0.18

Competitive Comparison of OKG Technology Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, OKG Technology Holdings'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.


OKG Technology Holdings's Equity-to-Asset Distribution in the Construction Industry

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

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



OKG Technology Holdings 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.

OKG Technology Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as

Equity to Asset (A: Mar. 2023 )=Total Stockholders Equity/Total Assets
=205.554/1105.194
=0.19

OKG Technology Holdings'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
=196.365/1075.068
=0.18

* 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.


OKG Technology Holdings  (HKSE:01499) 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%.


OKG Technology Holdings Equity-to-Asset Related Terms

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OKG Technology Holdings (HKSE:01499) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.

OKG Technology Holdings (HKSE:01499) Headlines

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