Solis Holdings (HKSE:02227) Equity-to-Asset : 0.70 (As of Dec. 2023)

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What is Solis Holdings Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Solis Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was HK$288.3 Mil. Solis Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$411.0 Mil. Therefore, Solis Holdings's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.70.

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

HKSE:02227' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.74 Max: 0.9
Current: 0.7

During the past 10 years, the highest Equity to Asset Ratio of Solis Holdings was 0.90. The lowest was 0.50. And the median was 0.74.

HKSE:02227's Equity-to-Asset is ranked better than
84.68% of 1691 companies
in the Construction industry
Industry Median: 0.45 vs HKSE:02227: 0.70

Solis Holdings Equity-to-Asset Historical Data

The historical data trend for Solis 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.

Solis Holdings Equity-to-Asset Chart

Solis Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.90

0.87

0.70

Solis Holdings Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Equity-to-Asset	Get a 7-Day Free Trial												0.87	0.85	0.70	0.71	0.70

Competitive Comparison of Solis Holdings's Equity-to-Asset

For the Engineering & Construction subindustry, Solis 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.

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

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

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

Solis 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.

Solis 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
	=	288.284	/	410.986
	=	0.70

Solis 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
	=	288.284	/	410.986
	=	0.70

Solis Holdings (HKSE:02227) 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%.

Solis Holdings Equity-to-Asset Related Terms

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

Solis Holdings (HKSE:02227) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Solis Holdings Ltd (HKSE:02227) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 Tagore Lane, Singapore, SGP, 787527

Website

http://www.thesolisgrp.com

Solis Holdings Ltd is an investment holding company. The company specializes in electrical engineering, and its projects include new building developments, and major additions and alterations (A&A) works, which include private residential, mixed residential & commercial developments, and institutional buildings. It also operates as a subcontractor for the installation works of air-conditioning and mechanical ventilation systems, and fire protection systems. All of its revenues are derived from Singapore.

Executives

Lim Sim Swee	2202 Interest of your spouse
Tay Yong Hua	2201 Interest of corporation controlled by you
Hmk Investment Holdings Limited	2101 Beneficial owner
Tay Yong Meng	2201 Interest of corporation controlled by you
Teo (zhang) Kenneth Swee Cheng (kenneth Ruiqing)	2201 Interest of corporation controlled by you
Zheng Mingqiang	2101 Beneficial owner

Solis Holdings (HKSE:02227) Headlines

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