Singamas Container Holdings (HKSE:00716) Equity-to-Asset : 0.75 (As of Jun. 2023)

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What is Singamas Container Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Singamas Container Holdings's Total Stockholders Equity for the quarter that ended in Jun. 2023 was HK$4,669 Mil. Singamas Container Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$6,216 Mil. Therefore, Singamas Container Holdings's Equity to Asset Ratio for the quarter that ended in Jun. 2023 was 0.75.

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

HKSE:00716' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33 Med: 0.46 Max: 0.78
Current: 0.73

During the past 13 years, the highest Equity to Asset Ratio of Singamas Container Holdings was 0.78. The lowest was 0.33. And the median was 0.46.

HKSE:00716's Equity-to-Asset is ranked better than
77.69% of 390 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs HKSE:00716: 0.73

Singamas Container Holdings Equity-to-Asset Historical Data

The historical data trend for Singamas Container 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.

Singamas Container Holdings Equity-to-Asset Chart

Singamas Container Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.78

0.76

0.68

0.73

Singamas Container Holdings Semi-Annual Data
	Jun14	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															0.68	0.66	0.73	0.75	0.73

Competitive Comparison of Singamas Container Holdings's Equity-to-Asset

For the Packaging & Containers subindustry, Singamas Container 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.

Singamas Container Holdings's Equity-to-Asset Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Singamas Container Holdings's Equity-to-Asset distribution charts can be found below:

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

Singamas Container 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.

Singamas Container 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
	=	4638.744	/	6323.715
	=	0.73

Singamas Container 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
	=	4669.048	/	6215.744
	=	0.75

Singamas Container Holdings (HKSE:00716) 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%.

Singamas Container Holdings Equity-to-Asset Related Terms

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Singamas Container Holdings (HKSE:00716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Singamas Container Holdings Ltd (HKSE:00716) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

SNGSF:USA

Address

75-83 King’s Road, 19th Floor, SUP Tower, Hong Kong, HKG

Website

https://www.singamas.com

Singamas Container Holdings Ltd is a Hong Kong-based investment holding company. Its operations represent two business segments. The Manufacturing segment is the key revenue driver for the company. It involves the manufacturing of dry freight containers, collapsible flatrack containers, tank containers, offshore containers, other specialized containers, and container parts. The Logistics services segment is engaged in the provision of container storage, repair, and trucking services, serving as a freight station, container/cargo handling, and other container-related services. Its geographical segments include Hong Kong, Europe, the United States of America, Taiwan, Singapore, the Middle East, PRC, Korea, and Others.

Singamas Container Holdings (HKSE:00716) Headlines

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