Lap Kei Engineering (Holdings) (HKSE:01690) Equity-to-Asset : 0.57 (As of Jun. 2023)

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What is Lap Kei Engineering (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lap Kei Engineering (Holdings)'s Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$149.2 Mil. Lap Kei Engineering (Holdings)'s Total Assets for the quarter that ended in Jun. 2023 was HK$260.9 Mil. Therefore, Lap Kei Engineering (Holdings)'s Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.57.

The historical rank and industry rank for Lap Kei Engineering (Holdings)'s Equity-to-Asset or its related term are showing as below:

HKSE:01690' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.48 Med: 0.64 Max: 0.71
Current: 0.51

During the past 10 years, the highest Equity to Asset Ratio of Lap Kei Engineering (Holdings) was 0.71. The lowest was 0.48. And the median was 0.64.

HKSE:01690's Equity-to-Asset is ranked better than
61.92% of 1678 companies
in the Construction industry
Industry Median: 0.44 vs HKSE:01690: 0.51

Lap Kei Engineering (Holdings) Equity-to-Asset Historical Data

The historical data trend for Lap Kei Engineering (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.

Lap Kei Engineering (Holdings) Equity-to-Asset Chart

Lap Kei Engineering (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.60

0.71

0.62

0.50

0.51

Lap Kei Engineering (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial														0.62	0.64	0.50	0.57	0.51

Competitive Comparison of Lap Kei Engineering (Holdings)'s Equity-to-Asset

For the Engineering & Construction subindustry, Lap Kei Engineering (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.

Lap Kei Engineering (Holdings)'s Equity-to-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Lap Kei Engineering (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lap Kei Engineering (Holdings)'s Equity-to-Asset falls into.

Lap Kei Engineering (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.

Lap Kei Engineering (Holdings)'s Equity to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Equity to Asset (A: Dec. 2022 )	=	Total Stockholders Equity	/	Total Assets
	=	146.155	/	294.841
	=	0.50

Lap Kei Engineering (Holdings)'s Equity to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Equity to Asset (Q: Jun. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	149.167	/	260.942
	=	0.57

Lap Kei Engineering (Holdings) (HKSE:01690) 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%.

Lap Kei Engineering (Holdings) Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Lap Kei Engineering (Holdings)'s Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Lap Kei Engineering (Holdings) (HKSE:01690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Lap Kei Engineering (Holdings) Ltd (HKSE:01690) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Lam Hing Street, Room 6, 6th Floor, Block B, Tonic Industrial Centre, Kowloon Bay, Hong Kong, HKG

Website

http://www.lapkeieng.com

Lap Kei Engineering (Holdings) Ltd provides engineering services for building services systems. The company is organized into the principal operating divisions of the building services engineering work division and maintenance, repair; and maintenance, repair, and other services division. The building services engineering work division, which is the key revenue-generating segment, comprises the provision of building services engineering work including mechanical ventilation and air-conditioning system, electrical system, plumbing and drainage system, fire system, and other related works. Maintenance, repair, and other services involve the provision of maintenance and repair services for building services systems and the replacement of parts. It derives prime revenue from Hong Kong.

Lap Kei Engineering (Holdings) (HKSE:01690) Headlines

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