CNT Group (HKSE:00701) Total Assets : HK$1,955.4 Mil (As of Dec. 2023)

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What is CNT Group Total Assets?

CNT Group's Total Assets for the quarter that ended in Dec. 2023 was HK$1,955.4 Mil.

During the past 12 months, CNT Group's average Total Assets Growth Rate was -11.50% per year. During the past 3 years, the average Total Assets Growth Rate was -3.60% per year. During the past 5 years, the average Total Assets Growth Rate was -1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 1.50% per year.

During the past 13 years, CNT Group's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was -9.40%. And the median was 4.70%.

Total Assets is connected with ROA %. CNT Group's annualized ROA % for the quarter that ended in Dec. 2023 was -6.39%. Total Assets is also linked to Revenue through Asset Turnover. CNT Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

CNT Group Total Assets Historical Data

The historical data trend for CNT Group'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.

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CNT Group Total Assets Chart

CNT Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,298.36

2,396.21

2,441.21

2,301.51

1,955.43

CNT Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															2,441.21	2,218.29	2,301.51	2,127.94	1,955.43

CNT Group 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.

CNT Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	1444.06	+	511.373
	=	1,955.4

CNT Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1444.06	+	511.373
	=	1,955.4

CNT Group (HKSE:00701) Total Assets Explanation

Total Assets is connected with ROA %.

CNT Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-130.528	/	( (2127.939	+	1955.433)	/ 2 )
	=	-130.528	/	2041.686
	=	-6.39 %

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.

CNT Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	239.366	/	( (2127.939	+	1955.433)	/ 2 )
=	239.366	/	2041.686
=	0.12

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.

CNT Group Total Assets Related Terms

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CNT Group (HKSE:00701) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » CNT Group Ltd (HKSE:00701) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

338 Hennessy Road, 28th Floor, Unit E, CNT Tower, Wanchai, Hong Kong, HKG

Website

https://www.cntgroup.com.hk

CNT Group Ltd is principally engaged in the manufacture and sale of paint products, property investment, iron and steel trading, and investment holding activities. The company operates through the business segments are, The Paint products segment engages in the manufacture and sale of paint products. The Property investment segment comprises the investment in residential, commercial and industrial premises for their rental income potential and development and sale of properties. The Iron and steel trading segment comprises the trading of iron and steel products and related investments. The Hotel business segment, and the other segment comprises, principally, investment holding and securities trading. Majority of the company's revenue comes from the Paint products segment in Mainland China.

Executives

Prime Surplus Limited	2101 Beneficial owner
Ho Mei Po, Mabel	2202 Interest of your spouse
Tsui Ho Chuen, Philip	2201 Interest of corporation controlled by you
Polygold Holdings Limited	2201 Interest of corporation controlled by you
Rapid Growth Ltd.	2301 Trustee
Xie Jian Ming	2201 Interest of corporation controlled by you

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