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Transtech Optelecom Science Holdings (HKSE:09963) Equity-to-Asset : 0.90 (As of Dec. 2024)


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What is Transtech Optelecom Science Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Transtech Optelecom Science Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2024 was HK$354.8 Mil. Transtech Optelecom Science Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$395.0 Mil. Therefore, Transtech Optelecom Science Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 was 0.90.

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

HKSE:09963' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4   Med: 0.85   Max: 0.93
Current: 0.9

During the past 11 years, the highest Equity to Asset Ratio of Transtech Optelecom Science Holdings was 0.93. The lowest was 0.40. And the median was 0.85.

HKSE:09963's Equity-to-Asset is ranked better than
95.4% of 2458 companies
in the Hardware industry
Industry Median: 0.57 vs HKSE:09963: 0.90

Transtech Optelecom Science Holdings Equity-to-Asset Historical Data

The historical data trend for Transtech Optelecom Science 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.

Transtech Optelecom Science Holdings Equity-to-Asset Chart

Transtech Optelecom Science Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.83 0.84 0.87 0.90

Transtech Optelecom Science Holdings Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.84 0.86 0.87 0.88 0.90

Competitive Comparison of Transtech Optelecom Science Holdings's Equity-to-Asset

For the Communication Equipment subindustry, Transtech Optelecom Science 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.


Transtech Optelecom Science Holdings's Equity-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Transtech Optelecom Science Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Transtech Optelecom Science Holdings's Equity-to-Asset falls into.


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Transtech Optelecom Science 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.

Transtech Optelecom Science Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=354.759/395.031
=0.90

Transtech Optelecom Science Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Equity to Asset (Q: Dec. 2024 )=Total Stockholders Equity/Total Assets
=354.759/395.031
=0.90

* 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.


Transtech Optelecom Science Holdings  (HKSE:09963) 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%.


Transtech Optelecom Science Holdings Equity-to-Asset Related Terms

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Transtech Optelecom Science Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 3 Dai Kwai Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Transtech Optelecom Science Holdings Ltd is engaged in the manufacturing and sale of optical fibre in Hong Kong and optical fibre cable, flame-retardant optical fibre cable and non-metallic optical fibre cable and related products in Thailand. The company has two segments, namely Optical fibre cables, optical cable cores and other related products, which is located in Thailand; and Optical fibres, which is located in Hong Kong. The maximum revenue is earned from Thailand.
Executives
Wang Jianyi
Fu Tong Guang Xian Xiang Gang You Xian Gong Si
Fu Tong Ji Tuan You Xian Gong Si
Hang Zhou Fu Tong Guang Tong Xin Tou Zi You Xian Gong Si
Hang Zhou Fu Tong Tou Zi You Xian Gong Si

Transtech Optelecom Science Holdings Headlines

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