Jinhui Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,982.5 Mil.
During the past 12 months, Jinhui Holdings Co's average Total Assets Growth Rate was -11.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.50% per year.
During the past 10 years, the average Total Assets Growth Rate was -8.20% per year.
During the past 13 years, Jinhui Holdings Co's highest 3-Year average Total Assets Growth Rate was 55.10%. The lowest was -33.10%. And the median was 9.50%.
The historical data trend for Jinhui Holdings Co'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.
Jinhui Holdings Co'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.
Jinhui Holdings Co (HKSE:00137) 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.
Jinhui Holdings Co'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.
Jinhui Holdings Co Total Assets Related Terms
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Jinhui Holdings Co (HKSE:00137) Business Description
Jinhui Holdings Co Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the concern is principally engaged in the businesses of ship chartering and ship owning. The Group has regarded the business of ship chartering and ship owning as the only reportable operating segment. It operates a fleet of dry bulk carriers which are either used for carrying cargoes or time chartered-out to other shipping operators. The group operates internationally and generates key revenue from the ship chartering operations.
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