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Li & Fung (Li & Fung) Total Assets : $5,800 Mil (As of Dec. 2019)


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What is Li & Fung Total Assets?

Li & Fung's Total Assets for the quarter that ended in Dec. 2019 was $5,800 Mil.

Total Assets is connected with ROA %. Li & Fung's annualized ROA % for the quarter that ended in Dec. 2019 was 0.47%. Total Assets is also linked to Revenue through Asset Turnover. Li & Fung's Asset Turnover for the quarter that ended in Dec. 2019 was 1.07.


Li & Fung Total Assets Historical Data

The historical data trend for Li & Fung'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.

* Premium members only.

Li & Fung Total Assets Chart

Li & Fung Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,944.29 7,704.78 6,931.03 5,716.59 5,799.86

Li & Fung Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,931.03 4,979.89 5,716.59 5,500.56 5,799.86

Li & Fung 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.

Li & Fung's Total Assets for the fiscal year that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (A: Dec. 2019 )+Total Liabilities (A: Dec. 2019 )
=2112.786+3687.078
=5,800

Li & Fung's Total Assets for the quarter that ended in Dec. 2019 is calculated as

Total Assets=Total Equity (Q: Dec. 2019 )+Total Liabilities (Q: Dec. 2019 )
=2112.786+3687.078
=5,800

* 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.


Li & Fung  (OTCPK:LFUGF) Total Assets Explanation

Total Assets is connected with ROA %.

Li & Fung's annualized ROA % for the quarter that ended in Dec. 2019 is

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=26.556/( (5500.56+5799.864)/ 2 )
=26.556/5650.212
=0.47 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2019) 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.

Li & Fung's Asset Turnover for the quarter that ended in Dec. 2019 is

Asset Turnover
=Revenue (Q: Dec. 2019 )/( (Total Assets (Q: Jun. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=6057.12/( (5500.56+5799.864)/ 2 )
=6057.12/5650.212
=1.07

* 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.

Li & Fung Total Assets Related Terms

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Li & Fung (Li & Fung) Business Description

Traded in Other Exchanges
N/A
Address
31 Victoria Street, Victoria Place, 5th Floor, Hamilton, BMU, HM 10
Li & Fung Ltd is a supply-chain manager that serves retailers globally with sourcing and logistics services. The company's operating segment includes Services and Products. It generates maximum revenue from the Services segment. The Services segment consists of Supply Chain Solutions and Logistics businesses. Its Products segment consists of the Onshore Wholesale business and the three Product Verticals (furniture, beauty, and sweaters) representing its principal-to-principal business. Geographically, it derives a majority of revenue from the United States of America.

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