What is the equity of Summit Ascent Holdings this year?
Summit Ascent Holdings has equity of 3.18 B HKD this year.
In 2024, Summit Ascent Holdings's equity was 3.18 B HKD, a 0.38% increase from the 3.17 B HKD equity in the previous year.
Summit Ascent Holdings's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Summit Ascent Holdings's equity is essential for assessing its financial health, stability, and value to shareholders.
Evaluating Summit Ascent Holdings's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.
Summit Ascent Holdings's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.
Fluctuations in Summit Ascent Holdings’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.
Summit Ascent Holdings has equity of 3.18 B HKD this year.
The equity of Summit Ascent Holdings has increased/decreased by 0.38% increased compared to the previous year.
A high equity is advantageous for investors of Summit Ascent Holdings as it is an indicator of the company's financial stability and its ability to manage risks and challenges.
A low equity can be a risk for investors of Summit Ascent Holdings, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.
An increase in equity of Summit Ascent Holdings can strengthen the company's financial position and improve its ability to make investments in the future.
A reduction in equity of Summit Ascent Holdings can affect the financial situation of the company and lead to a higher dependence on debt capital.
Some factors that can affect the equity of Summit Ascent Holdings include profits, dividend payments, capital increases, and acquisitions.
The equity of Summit Ascent Holdings is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.
To change equity, Summit Ascent Holdings can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.
Over the past 12 months, Summit Ascent Holdings paid a dividend of 0.21 HKD . This corresponds to a dividend yield of about 440.43 %. For the coming 12 months, Summit Ascent Holdings is expected to pay a dividend of 0 HKD.
The current dividend yield of Summit Ascent Holdings is 440.43 %.
Summit Ascent Holdings pays a quarterly dividend. This is distributed in the months of June, June, June, March.
Summit Ascent Holdings paid dividends every year for the past 0 years.
For the upcoming 12 months, dividends amounting to 0 HKD are expected. This corresponds to a dividend yield of 0 %.
Summit Ascent Holdings is assigned to the 'Cyclical consumption' sector.
To receive the latest dividend of Summit Ascent Holdings from 2/25/2011 amounting to 0.828 HKD, you needed to have the stock in your portfolio before the ex-date on 2/11/2011.
The last dividend was paid out on 2/25/2011.
In the year 2023, Summit Ascent Holdings distributed 0 HKD as dividends.
The dividends of Summit Ascent Holdings are distributed in HKD.
Our stock analysis for Summit Ascent Holdings Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Summit Ascent Holdings Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.