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Kingkey Financial International (Holdings) (HKSE:01468) Equity-to-Asset : 0.60 (As of Sep. 2023)


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What is Kingkey Financial International (Holdings) Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kingkey Financial International (Holdings)'s Total Stockholders Equity for the quarter that ended in Sep. 2023 was HK$1,017.6 Mil. Kingkey Financial International (Holdings)'s Total Assets for the quarter that ended in Sep. 2023 was HK$1,685.0 Mil. Therefore, Kingkey Financial International (Holdings)'s Equity to Asset Ratio for the quarter that ended in Sep. 2023 was 0.60.

The historical rank and industry rank for Kingkey Financial International (Holdings)'s Equity-to-Asset or its related term are showing as below:

HKSE:01468' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.14   Med: 0.59   Max: 0.69
Current: 0.6

During the past 12 years, the highest Equity to Asset Ratio of Kingkey Financial International (Holdings) was 0.69. The lowest was 0.14. And the median was 0.59.

HKSE:01468's Equity-to-Asset is ranked better than
69.91% of 535 companies
in the Conglomerates industry
Industry Median: 0.44 vs HKSE:01468: 0.60

Kingkey Financial International (Holdings) Equity-to-Asset Historical Data

The historical data trend for Kingkey Financial International (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.

Kingkey Financial International (Holdings) Equity-to-Asset Chart

Kingkey Financial International (Holdings) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.66 0.47 0.60 0.14

Kingkey Financial International (Holdings) Semi-Annual Data
Mar14 Sep14 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 Premium Member Only Premium Member Only 0.63 0.60 0.39 0.14 0.60

Competitive Comparison of Kingkey Financial International (Holdings)'s Equity-to-Asset

For the Conglomerates subindustry, Kingkey Financial International (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.


Kingkey Financial International (Holdings)'s Equity-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Kingkey Financial International (Holdings)'s Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kingkey Financial International (Holdings)'s Equity-to-Asset falls into.



Kingkey Financial International (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.

Kingkey Financial International (Holdings)'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
=240.537/1784.307
=0.13

Kingkey Financial International (Holdings)'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
=1017.563/1685.04
=0.60

* 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.


Kingkey Financial International (Holdings)  (HKSE:01468) 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%.


Kingkey Financial International (Holdings) Equity-to-Asset Related Terms

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


Kingkey Financial International (Holdings) (HKSE:01468) Business Description

Traded in Other Exchanges
N/A
Address
8 Hok Cheung Street, Hunghom, 902, Harbour Centre, Tower 2, Kowloon, Hong Kong, HKG
Kingkey Financial International (Holdings) Ltd is engaged in the trade of fur skins, fur skins brokerage, mink farming, provision of securities brokerage services, and provision of wealth management services. The operating segments are Securities which involves the operation of securities brokerage, margin financing, underwriting, placing and consultancy services; Insurance brokerage which includes the provision of insurance brokerage and wealth management services; Fur comprising the provision of breeding, farming and sale of livestock and pelted skin, fur skin brokerage and financing services, Asset Management engaged in provision and arrangement of fund management services and assets management services, and Money lending engaged in provision and arrangement of money lending services.

Kingkey Financial International (Holdings) (HKSE:01468) Headlines

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