Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gain Plus Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$302 Mil. Gain Plus Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$402 Mil.
Therefore, Gain Plus Holdings's Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.75.
The historical rank and industry rank for Gain Plus Holdings's Equity-to-Asset or its related term are showing as below:
HKSE:09900'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.63 Max: 0.78
Current: 0.75
During the past 8 years, the highest Equity to Asset Ratio of Gain Plus Holdings was 0.78. The lowest was 0.41. And the median was 0.63.
HKSE:09900's Equity-to-Asset is ranked better than 89.96% of 1684
companies
in the Construction industry
Industry Median: 0.45
vs HKSE:09900: 0.75
Gain Plus Holdings Equity-to-Asset Historical Data
The historical data trend for Gain Plus 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.
Competitive Comparison of Gain Plus Holdings's Equity-to-Asset
For the Engineering & Construction subindustry, Gain Plus 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.
Gain Plus Holdings's Equity-to-Asset Distribution in the Construction Industry
For the Construction industry and Industrials sector, Gain Plus Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Gain Plus Holdings's Equity-to-Asset falls into.
Gain Plus 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.
Gain Plus Holdings's Equity to Asset Ratio for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
Gain Plus Holdings (HKSE:09900) 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%.
Gain Plus Holdings Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of Gain Plus Holdings's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Gain Plus Holdings (HKSE:09900) Business Description
Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.
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