GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HG Semiconductor Ltd (HKSE:06908) » Definitions » Equity-to-Asset

HG Semiconductor (HKSE:06908) Equity-to-Asset : 0.89 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is HG Semiconductor Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. HG Semiconductor's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$747.85 Mil. HG Semiconductor's Total Assets for the quarter that ended in Dec. 2023 was HK$836.62 Mil. Therefore, HG Semiconductor's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.89.

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

HKSE:06908' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.77   Max: 0.92
Current: 0.89

During the past 10 years, the highest Equity to Asset Ratio of HG Semiconductor was 0.92. The lowest was 0.33. And the median was 0.77.

HKSE:06908's Equity-to-Asset is ranked better than
95.14% of 3024 companies
in the Industrial Products industry
Industry Median: 0.56 vs HKSE:06908: 0.89

HG Semiconductor Equity-to-Asset Historical Data

The historical data trend for HG Semiconductor'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.

HG Semiconductor Equity-to-Asset Chart

HG Semiconductor 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 0.68 0.78 0.92 0.83 0.89

HG Semiconductor Semi-Annual Data
Dec14 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 0.92 0.91 0.83 0.74 0.89

Competitive Comparison of HG Semiconductor's Equity-to-Asset

For the Electrical Equipment & Parts subindustry, HG Semiconductor'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.


HG Semiconductor's Equity-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HG Semiconductor's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where HG Semiconductor's Equity-to-Asset falls into.



HG Semiconductor 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.

HG Semiconductor'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
=747.849/836.616
=0.89

HG Semiconductor'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
=747.849/836.616
=0.89

* 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.


HG Semiconductor  (HKSE:06908) 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%.


HG Semiconductor Equity-to-Asset Related Terms

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


HG Semiconductor (HKSE:06908) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Pinggong Er Road, 2nd Floor and North side, Nanping Technology Industrial Park, Zhuhai, CHN
HG Semiconductor Ltd is an investment holding company. It is engaged in the design, development, manufacturing, subcontracting, and sales of semiconductor products, which include light-emitting diode (LED) beads, next-generation semiconductor gallium nitride (GaN) chips, GaN devices, and their related applications, as well as fast charging products in China. The sales of LED beads generate maximum revenue for the company.
Executives
Zhan Haisu 2201 Interest of corporation controlled by you
Jovial Star International Limited 2101 Beneficial owner
Zhuang Chan Ling 2202 Interest of your spouse
First Global Limited 2101 Beneficial owner
Zhao Yi Wen 2201 Interest of corporation controlled by you
Qin Xiaolu 2101 Beneficial owner
Profit Act Limited 2101 Beneficial owner
Profit Times International Limited 2201 Interest of corporation controlled by you
Zhu Gongshan 2201 Interest of corporation controlled by you
Chiu Kwok Hung Justin 2101 Beneficial owner
Bigfair Enterprises Limited 2101 Beneficial owner
Chiu Kwai San 2201 Interest of corporation controlled by you
Wong Ching Ming 2202 Interest of your spouse
Qin Anqi 2201 Interest of corporation controlled by you
Wide Yield Investment Holding Limited 2101 Beneficial owner

HG Semiconductor (HKSE:06908) Headlines

No Headlines