Luk Fook Holdings (International) (HKSE:00590) Total Assets : HK$15,979 Mil (As of Sep. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Luk Fook Holdings (International) Total Assets?

Luk Fook Holdings (International)'s Total Assets for the quarter that ended in Sep. 2023 was HK$15,979 Mil.

During the past 12 months, Luk Fook Holdings (International)'s average Total Assets Growth Rate was 15.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.40% per year.

During the past 13 years, Luk Fook Holdings (International)'s highest 3-Year average Total Assets Growth Rate was 52.20%. The lowest was 1.00%. And the median was 13.70%.

Total Assets is connected with ROA %. Luk Fook Holdings (International)'s annualized ROA % for the quarter that ended in Sep. 2023 was 12.20%. Total Assets is also linked to Revenue through Asset Turnover. Luk Fook Holdings (International)'s Asset Turnover for the quarter that ended in Sep. 2023 was 0.48.

Luk Fook Holdings (International) Total Assets Historical Data

The historical data trend for Luk Fook Holdings (International)'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.

Luk Fook Holdings (International) Total Assets Chart

Luk Fook Holdings (International) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

14,423.57

13,925.05

14,512.04

16,220.27

14,928.51

Luk Fook Holdings (International) Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															16,013.35	16,220.27	14,297.00	14,928.51	15,979.37

Luk Fook Holdings (International) 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.

Luk Fook Holdings (International)'s Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	12220.942	+	2707.564
	=	14,929

Luk Fook Holdings (International)'s Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	12450.814	+	3528.559
	=	15,979

Luk Fook Holdings (International) (HKSE:00590) Total Assets Explanation

Total Assets is connected with ROA %.

Luk Fook Holdings (International)'s annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	1885.302	/	( (14928.506	+	15979.373)	/ 2 )
	=	1885.302	/	15453.9395
	=	12.20 %

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

Luk Fook Holdings (International)'s Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	7486.031	/	( (14928.506	+	15979.373)	/ 2 )
=	7486.031	/	15453.9395
=	0.48

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.

Luk Fook Holdings (International) Total Assets Related Terms

Thank you for viewing the detailed overview of Luk Fook Holdings (International)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Luk Fook Holdings (International) (HKSE:00590) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Luk Fook Holdings (International) Ltd (HKSE:00590) » Definitions » Total Assets

Traded in Other Exchanges

LKFLF:USA LUY1:Germany

Address

No. 2 On Yiu Street, 15th, 20th, 25th & 27th Floors, Metropole Square, Shatin, New Territories, Hong Kong, HKG

Website

https://www.lukfook.com

Luk Fook Holdings (International) Ltd is a Hong Kong-based investment holding company. The company is engaged in the sourcing, designing, wholesaling, trademark licensing and retailing of a variety of gold and platinum jewelry and gem-set jewelry products. It operates through the following five segments: Retailing in Hong Kong, Macau and Overseas; Retailing in Mainland China; Wholesaling in Hong Kong; Wholesaling in Mainland China; and Licensing. The company generates maximum revenue from Retailing in Hong Kong, Macau and Overseas segments.

Luk Fook Holdings (International) (HKSE:00590) Headlines

No Headlines