AIA Group's Total Assets for the quarter that ended in Dec. 2023 was $286,319 Mil.
During the past 12 months, AIA Group's average Total Assets Growth Rate was 5.90% per year.
During the past 3 years, the average Total Assets Growth Rate was 6.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 10.00% per year.
During the past 13 years, AIA Group's highest 3-Year average Total Assets Growth Rate was 38.20%. The lowest was -8.60%. And the median was 7.00%.
Total Assets is connected with ROA %. AIA Group's annualizedROA % for the quarter that ended in Dec. 2023 was 1.08%. Total Assets is also linked to Revenue through Asset Turnover. AIA Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.
AIA Group Total Assets Historical Data
The historical data trend for AIA Group's Total Assets 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.
From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.
AIA Group's Total Assets for the fiscal year that ended in Dec. 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.
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) data.
In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.
Total Assets is linked to total revenue through Asset Turnover.
AIA Group's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.
AIA Group Total Assets Related Terms
Thank you for viewing the detailed overview of AIA Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AAGIY has been successfully added to your 