Hands Form Holdings (HKSE:01920) Equity-to-Asset : 0.24 (As of Dec. 2023)

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What is Hands Form Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Hands Form Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$17.54 Mil. Hands Form Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$71.76 Mil. Therefore, Hands Form Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.24.

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

HKSE:01920' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.24 Med: 0.62 Max: 0.9
Current: 0.24

During the past 8 years, the highest Equity to Asset Ratio of Hands Form Holdings was 0.90. The lowest was 0.24. And the median was 0.62.

HKSE:01920's Equity-to-Asset is ranked worse than
80.27% of 1683 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:01920: 0.24

Hands Form Holdings Equity-to-Asset Historical Data

The historical data trend for Hands Form 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.

Hands Form Holdings Equity-to-Asset Chart

Hands Form Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.85

0.90

0.76

0.83

0.24

Hands Form Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial									0.76	0.90	0.83	0.80	0.24

Competitive Comparison of Hands Form Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Hands Form 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.

Hands Form Holdings's Equity-to-Asset Distribution in the Construction Industry

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

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

Hands Form 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.

Hands Form 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
	=	17.541	/	71.757
	=	0.24

Hands Form 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
	=	17.541	/	71.757
	=	0.24

Hands Form Holdings (HKSE:01920) 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%.

Hands Form Holdings Equity-to-Asset Related Terms

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

Hands Form Holdings (HKSE:01920) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Hands Form Holdings Ltd (HKSE:01920) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

28 Shanghai Street, Room 9, 2nd Floor, Hang Bong Commercial Centre, Jordan, Kowloon, Hong Kong, HKG

Website

https://www.handsform.com

Hands Form Holdings Ltd is an established subcontractor in Hong Kong and principally engaged in the provision of wet trades work and other wet trades-related ancillary works. Wet trades works include plastering on floors, walls, and ceilings, tile laying on internal and external walls and floors, bricklaying, and marble works. The company's segment includes Construction services and Construction IT services. It generates maximum revenue from the Construction services segment.

Executives

Wonderful Renown Limited	2101 Beneficial owner
Cheung Lai Chun	2103 Interests held jointly with another person
Chan Shui King	2202 Interest of your spouse
Cheung Kwok Fai Adam	2201 Interest of corporation controlled by you

Hands Form Holdings (HKSE:01920) Headlines

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