Arts Optical International Holdings (HKSE:01120) Total Assets : HK$1,277 Mil (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Arts Optical International Holdings Total Assets?

Arts Optical International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,277 Mil.

During the past 12 months, Arts Optical International Holdings's average Total Assets Growth Rate was 24.80% per year. During the past 3 years, the average Total Assets Growth Rate was 17.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.10% per year. During the past 10 years, the average Total Assets Growth Rate was -7.00% per year.

During the past 13 years, Arts Optical International Holdings's highest 3-Year average Total Assets Growth Rate was 22.40%. The lowest was -18.80%. And the median was 8.10%.

Total Assets is connected with ROA %. Arts Optical International Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 4.93%. Total Assets is also linked to Revenue through Asset Turnover. Arts Optical International Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.52.

Arts Optical International Holdings Total Assets Historical Data

The historical data trend for Arts Optical International 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.

Arts Optical International Holdings Total Assets Chart

Arts Optical International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,349.03

914.38

1,122.83

1,091.16

1,276.54

Arts Optical International Holdings 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															1,122.83	1,079.63	1,091.16	1,127.25	1,276.54

Arts Optical International 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.

Arts Optical International Holdings'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 )
	=	631.808	+	644.736
	=	1,277

Arts Optical International Holdings'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 )
	=	631.808	+	644.736
	=	1,277

Arts Optical International Holdings (HKSE:01120) Total Assets Explanation

Total Assets is connected with ROA %.

Arts Optical International Holdings'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 )
	=	59.292	/	( (1127.249	+	1276.544)	/ 2 )
	=	59.292	/	1201.8965
	=	4.93 %

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.

Arts Optical International Holdings'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 )
=	629.855	/	( (1127.249	+	1276.544)	/ 2 )
=	629.855	/	1201.8965
=	0.52

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.

Arts Optical International Holdings Total Assets Related Terms

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

Arts Optical International Holdings (HKSE:01120) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Arts Optical International Holdings Ltd (HKSE:01120) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 King Yip Street, King Palace Plaza, Units A to G, 32nd Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.artsgroup.com

Arts Optical International Holdings Ltd is an investment holding company. Through its subsidiaries, it is engaged in the manufacturing and trading of prescription frames, sunglasses and optical lens as well as property holding. It operates in three divisions: Original design manufacturing, Distribution. and Lens division. The group is organized into four segments, which are sales of optical products to customers located in Europe, the United States, Asia, and other regions, of which the majority of the revenue is generated from Europe.

Executives

Ng Hoi Ying, Michael	2202 Interest of your spouse
Wu Zhihong	2101 Beneficial owner
Ng Kim Ying
Webb David Michael	2201 Interest of corporation controlled by you
Fmr Llc	2201 Interest of corporation controlled by you
Ratagan International Company Limited	2101 Beneficial owner
Hsbc International Trustee Limited	2301 Trustee

Arts Optical International Holdings (HKSE:01120) Headlines

No Headlines