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Huashi Group Holdings (HKSE:01111) Total Assets : HK$181.7 Mil (As of Dec. 2022)


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What is Huashi Group Holdings Total Assets?

Huashi Group Holdings's Total Assets for the quarter that ended in Dec. 2022 was HK$181.7 Mil.

During the past 12 months, Huashi Group Holdings's average Total Assets Growth Rate was 144.90% per year.

Total Assets is connected with ROA %. Huashi Group Holdings's annualized ROA % for the quarter that ended in Dec. 2022 was 34.98%. Total Assets is also linked to Revenue through Asset Turnover. Huashi Group Holdings's Asset Turnover for the quarter that ended in Dec. 2022 was 1.59.

Huashi Group Holdings Total Assets Historical Data

The historical data trend for Huashi Group Holdings'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.

Huashi Group Holdings Total Assets Chart

Huashi Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
92.98 109.84 181.65 540.33

Huashi Group Holdings Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Total Assets 92.98 109.84 181.65 540.33

Huashi Group Holdings 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.

Huashi Group Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=105.114+76.54
=181.7

Huashi Group Holdings's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=105.114+76.54
=181.7

* 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.

Huashi Group Holdings  (HKSE:01111) Total Assets Explanation

Total Assets is connected with ROA %.

Huashi Group Holdings's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=50.988/( (109.842+181.654)/ 2 )
=50.988/145.748
=34.98 %

Note: The Net Income data used here is one times the annual (Dec. 2022) 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.

Huashi Group Holdings's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Dec. 2022 ))/ count )
=231.346/( (109.842+181.654)/ 2 )
=231.346/145.748
=1.59

* 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.

Huashi Group Holdings Total Assets Related Terms

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Huashi Group Holdings (HKSE:01111) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Huashi Group Holdings Ltd (HKSE:01111) » Definitions » Total Assets
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Traded in Other Exchanges
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Address
Phase II Shuisheng Keji Yuan, 1st Floor, Block 2 Office Building, 1 Chagang Xincun Dongyuan, Wuchang, Wuhan, CHN
Website
http://www.youmeimu.com
Huashi Group Holdings Ltd is a branding, advertising and marketing service provider based in Hubei Province, the PRC, providing services across the entire value chain from market research through collaboration with research institutes to execution of branding, advertising and marketing projects through collaboration with different media resources suppliers so as to assist brand owners, advertisers and advertising agents in formulating and implementing effective service proposals to fulfill their promotional needs and marketing objectives, thereby further enhancing their brand reputation to targeted recipients, and improving the competitiveness and market share of their products or services.

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