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Kingland Group Holdings (HKSE:01751) Equity-to-Asset : 0.33 (As of Dec. 2023)


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What is Kingland Group Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kingland Group Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$23.4 Mil. Kingland Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$71.5 Mil. Therefore, Kingland Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.33.

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

HKSE:01751' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.46   Max: 0.87
Current: 0.33

During the past 10 years, the highest Equity to Asset Ratio of Kingland Group Holdings was 0.87. The lowest was 0.14. And the median was 0.46.

HKSE:01751's Equity-to-Asset is ranked worse than
68.74% of 1689 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01751: 0.33

Kingland Group Holdings Equity-to-Asset Historical Data

The historical data trend for Kingland 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.

Kingland Group Holdings Equity-to-Asset Chart

Kingland Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.37 0.23 0.14 0.33

Kingland Group 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 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 0.23 0.19 0.14 0.34 0.33

Competitive Comparison of Kingland Group Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Kingland 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.


Kingland Group Holdings's Equity-to-Asset Distribution in the Construction Industry

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

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



Kingland 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.

Kingland Group Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=23.385/71.463
=0.33

Kingland Group Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=23.385/71.463
=0.33

* 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.


Kingland Group Holdings  (HKSE:01751) 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%.


Kingland Group Holdings Equity-to-Asset Related Terms

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


Kingland Group Holdings (HKSE:01751) Business Description

Traded in Other Exchanges
N/A
Address
209 and 211 Wai Yip Street, Flat B, Ground Floor, Fu Hop Factory Building, Kwun Tong, Hong Kong, HKG
Kingland Group Holdings Ltd is the provision of concrete demolition service in Hong Kong and Macau mainly as a subcontractor. Its services are mainly required in the removal of pieces or sections of concrete from concrete structures and the demolition of the entire concrete structures or buildings by applying a variety of methods, such as core drilling, sawing and crushing. Its services are required in many different situations including, among others, addition and alteration works and redevelopment projects in buildings, roads, tunnels and underground facilities. Its customers are main contractors in various types of construction and civil engineering projects in Hong Kong and construction projects in Macau.
Executives
Kwok Shun Tim
Applewood Developments Limited 2101 Beneficial owner
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Supreme Voyage Limited 2101 Beneficial owner
Yip Nga Wan 2202 Interest of your spouse
Chan Yuk Sing 2201 Interest of corporation controlled by you
Cheung Shek On 2201 Interest of corporation controlled by you
Cho Bik Nung 2202 Interest of your spouse
Luk Pui Kei Peggy 2202 Interest of your spouse
China New Economy Fund Limited 2101 Beneficial owner

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