Bank of East Asia's Total Assets for the quarter that ended in Dec. 2023 was $110,164 Mil.
During the past 12 months, Bank of East Asia's average Total Assets Growth Rate was 0.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 0.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.00% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, Bank of East Asia's highest 3-Year average Total Assets Growth Rate was 18.30%. The lowest was 0.40%. And the median was 10.80%.
The historical data trend for Bank of East Asia'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.
Bank of East Asia'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.
Bank of East Asia (OTCPK:BKEAY) Total Assets Explanation
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.
Bank of East Asia'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.
Bank of East Asia Total Assets Related Terms
Thank you for viewing the detailed overview of Bank of East Asia's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Bank of East Asia (Bank of East Asia) Business Description
Bank of East Asia Ltd provides banking services. The company's segments include Personal banking; Wholesale banking; Treasury markets; Wealth management; Centralised operations; Others; Mainland China operations; Overseas operations and Corporate management. It generates maximum revenue from the Personal banking segment. The Personal Banking segment includes branch operations, personal internet banking, consumer finance, property loans, and credit card business to individual customers in Hong Kong. Geographically, it derives a majority of its revenue from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BKEAY has been successfully added to your 