If a company builds assets at 29.9% a year, faster than its revenue growth rate of 3.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Hong Kong Exchanges and Clearing's average Total Assets Growth Rate was -10.20% per year.
During the past 3 years, the average Total Assets Growth Rate was 18.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.90% per year.
During the past 10 years, the average Total Assets Growth Rate was 16.90% per year.
During the past 13 years, Hong Kong Exchanges and Clearing's highest 3-Year average Total Assets Growth Rate was 5233.70%. The lowest was -47.40%. And the median was 28.20%.
* 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.
Hong Kong Exchanges and Clearing Total Assets Chart
Hong Kong Exchanges and Clearing Total Assets Calculation
Total Assets are all the assets a company owns.
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.
* 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.
Hong Kong Exchanges and Clearing (OTCPK:HKXCY) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (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.
Hong Kong Exchanges and Clearing'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.
Hong Kong Exchanges and Clearing Total Assets Related Terms
Thank you for viewing the detailed overview of Hong Kong Exchanges and Clearing's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Business Description
Hong Kong Exchanges and Clearing is a vertically integrated securities exchange business offering listing, data, trading, clearing and settlement services across equities, debt and derivatives. HKEx, like Hong Kong itself, functions as a gateway between China and the rest of the world. HKEx serves as a preferred listing venue for Chinese companies outside of China and, through the Connect Scheme, offers two-way trading for a growing group of financial products with the Shanghai Stock Exchange and the Shenzhen Stock Exchange.
Hong Kong Exchanges and Clearing (Hong Kong Exchanges and Clearing) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKXCY has been successfully added to your 