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Mainland Headwear Holdings (HKSE:01100) Equity-to-Asset : 0.62 (As of Dec. 2023)


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What is Mainland Headwear Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mainland Headwear Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$1,111 Mil. Mainland Headwear Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,787 Mil. Therefore, Mainland Headwear Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.62.

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

HKSE:01100' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.64   Max: 0.73
Current: 0.62

During the past 13 years, the highest Equity to Asset Ratio of Mainland Headwear Holdings was 0.73. The lowest was 0.52. And the median was 0.64.

HKSE:01100's Equity-to-Asset is ranked better than
63.57% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs HKSE:01100: 0.62

Mainland Headwear Holdings Equity-to-Asset Historical Data

The historical data trend for Mainland Headwear 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.

Mainland Headwear Holdings Equity-to-Asset Chart

Mainland Headwear Holdings 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 0.56 0.54 0.53 0.52 0.62

Mainland Headwear 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 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 Premium Member Only Premium Member Only 0.53 0.51 0.52 0.58 0.62

Competitive Comparison of Mainland Headwear Holdings's Equity-to-Asset

For the Footwear & Accessories subindustry, Mainland Headwear 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.


Mainland Headwear Holdings's Equity-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Mainland Headwear Holdings's Equity-to-Asset distribution charts can be found below:

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



Mainland Headwear 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.

Mainland Headwear 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
=1110.573/1786.603
=0.62

Mainland Headwear 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
=1110.573/1786.603
=0.62

* 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.


Mainland Headwear Holdings  (HKSE:01100) 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%.


Mainland Headwear Holdings Equity-to-Asset Related Terms

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


Mainland Headwear Holdings (HKSE:01100) Business Description

Traded in Other Exchanges
N/A
Address
18 Sheung Yuet Road, Rooms 2301–2305, 23rd Floor, FTLife Tower, Kowloon Bay, Kowloon, Hong Kong, HKG
Mainland Headwear Holdings Ltd is an investment holding company. The group is mainly engaged in the design, manufacture, and retail of quality casual headwear. The firm operates in two segments including Manufacturing and Trading. In the Manufacturing segment, it manufactures headwear products for sale to its Trading and Retail Business as well as to external customers. The trading segment includes trading and distribution of headwear, apparel, small leather goods, bags and accessories. The firm sells its products in overseas countries with the US as the main market, followed by the European market. The key revenue is derived from the Manufacturing segment.

Mainland Headwear Holdings (HKSE:01100) Headlines

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