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Hao Tian International Construction Investment Group (HKSE:01341) Equity-to-Asset : 0.57 (As of Sep. 2023)


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What is Hao Tian International Construction Investment Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hao Tian International Construction Investment Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,570.0 Mil. Hao Tian International Construction Investment Group's Total Assets for the quarter that ended in Sep. 2023 was HK$2,780.0 Mil. Therefore, Hao Tian International Construction Investment Group's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.57.

The historical rank and industry rank for Hao Tian International Construction Investment Group's Equity-to-Asset or its related term are showing as below:

HKSE:01341' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.58   Max: 0.74
Current: 0.57

During the past 9 years, the highest Equity to Asset Ratio of Hao Tian International Construction Investment Group was 0.74. The lowest was 0.49. And the median was 0.58.

HKSE:01341's Equity-to-Asset is ranked better than
59.17% of 1090 companies
in the Business Services industry
Industry Median: 0.5 vs HKSE:01341: 0.57

Hao Tian International Construction Investment Group Equity-to-Asset Historical Data

The historical data trend for Hao Tian International Construction Investment Group'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.

Hao Tian International Construction Investment Group Equity-to-Asset Chart

Hao Tian International Construction Investment Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.71 0.66 0.60 0.56 0.49

Hao Tian International Construction Investment Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 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 Premium Member Only Premium Member Only 0.57 0.56 0.56 0.49 0.57

Competitive Comparison of Hao Tian International Construction Investment Group's Equity-to-Asset

For the Rental & Leasing Services subindustry, Hao Tian International Construction Investment Group'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.


Hao Tian International Construction Investment Group's Equity-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hao Tian International Construction Investment Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Hao Tian International Construction Investment Group's Equity-to-Asset falls into.



Hao Tian International Construction Investment Group 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.

Hao Tian International Construction Investment Group'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
=1695/3489
=0.49

Hao Tian International Construction Investment Group'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
=1570/2780
=0.56

* 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.


Hao Tian International Construction Investment Group  (HKSE:01341) 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%.


Hao Tian International Construction Investment Group Equity-to-Asset Related Terms

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Hao Tian International Construction Investment Group (HKSE:01341) Business Description

Traded in Other Exchanges
Address
6-8 Harbour Road, Rooms 2510-2518, 25th Floor, Shui On Centre, Wanchai, Hong Kong, HKG
Hao Tian International Construction Investment Group Ltd is an investment holding company. The company's operating segment includes the Rental and sale of construction machinery and spare parts business which generates majority revenue to the business; Provision of repair and maintenance and transportation service business; Money lending business; Provision of asset management, securities brokerage, commodities, futures, and other financial services business and Property development business. The company operates in Hong Kong, The People's Republic of China, Macau, and Cambodia geographically.

Hao Tian International Construction Investment Group (HKSE:01341) Headlines

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