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A & S Group (Holdings) (HKSE:01737) Equity-to-Asset : 0.67 (As of Sep. 2023)


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What is A & S Group (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. A & S Group (Holdings)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$213.6 Mil. A & S Group (Holdings)'s Total Assets for the quarter that ended in Sep. 2023 was HK$320.2 Mil. Therefore, A & S Group (Holdings)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.67.

The historical rank and industry rank for A & S Group (Holdings)'s Equity-to-Asset or its related term are showing as below:

HKSE:01737' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32   Med: 0.63   Max: 0.82
Current: 0.67

During the past 9 years, the highest Equity to Asset Ratio of A & S Group (Holdings) was 0.82. The lowest was 0.32. And the median was 0.63.

HKSE:01737's Equity-to-Asset is ranked better than
78.63% of 978 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:01737: 0.67

A & S Group (Holdings) Equity-to-Asset Historical Data

The historical data trend for A & S Group (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.

A & S Group (Holdings) Equity-to-Asset Chart

A & S Group (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 0.82 0.58 0.71 0.71 0.63

A & S Group (Holdings) Semi-Annual Data
Mar15 Mar16 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 0.67 0.71 0.54 0.63 0.67

Competitive Comparison of A & S Group (Holdings)'s Equity-to-Asset

For the Integrated Freight & Logistics subindustry, A & S Group (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.


A & S Group (Holdings)'s Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A & S Group (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where A & S Group (Holdings)'s Equity-to-Asset falls into.



A & S Group (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.

A & S Group (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
=206.494/329.2
=0.63

A & S Group (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
=213.643/320.17
=0.67

* 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.


A & S Group (Holdings)  (HKSE:01737) 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%.


A & S Group (Holdings) Equity-to-Asset Related Terms

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A & S Group (Holdings) (HKSE:01737) Business Description

Traded in Other Exchanges
N/A
Address
88 Container Port Road, Room 11, 14th Floor, Tower 2, Ever Gain Plaza, Kwai Chung, New Territories, Hong Kong, HKG
A & S Group (Holdings) Ltd is an investment holding company. The company is principally engaged in the provision of air freight forwarding ground handling services and air cargo terminal operating services. Its services include air cargo terminal services, warehouse management, pick-up and delivery, value-added services, airfreight logistics services, cross-border trucking, palletization, and contract logistics. Geographically, it derives revenue from Hong Kong.

A & S Group (Holdings) (HKSE:01737) Headlines

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