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Wan Kei Group Holdings (HKSE:01718) Total Assets : HK$374.6 Mil (As of Sep. 2023)


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What is Wan Kei Group Holdings Total Assets?

Wan Kei Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$374.6 Mil.

Warning Sign:

If a company builds assets at 17.2% a year, faster than its revenue growth rate of 8.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Wan Kei Group Holdings's average Total Assets Growth Rate was -12.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 9 years, Wan Kei Group Holdings's highest 3-Year average Total Assets Growth Rate was 30.40%. The lowest was -13.20%. And the median was 3.95%.

Total Assets is connected with ROA %. Wan Kei Group Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 10.09%. Total Assets is also linked to Revenue through Asset Turnover. Wan Kei Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.43.

Wan Kei Group Holdings Total Assets Historical Data

The historical data trend for Wan Kei 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.

Wan Kei Group Holdings Total Assets Chart

Wan Kei Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only 504.61 481.55 466.55 458.33 354.08

Wan Kei Group Holdings Semi-Annual Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 465.90 458.33 472.83 354.08 374.55

Wan Kei 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.

Wan Kei Group Holdings'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 )
=117.337+236.747
=354.1

Wan Kei Group Holdings'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 )
=135.153+239.397
=374.6

* 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.

Wan Kei Group Holdings  (HKSE:01718) Total Assets Explanation

Total Assets is connected with ROA %.

Wan Kei Group Holdings'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 )
=36.756/( (354.084+374.55)/ 2 )
=36.756/364.317
=10.09 %

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.

Wan Kei Group Holdings'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 )
=155.868/( (354.084+374.55)/ 2 )
=155.868/364.317
=0.43

* 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.

Wan Kei Group Holdings Total Assets Related Terms

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Wan Kei Group Holdings (HKSE:01718) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wan Kei Group Holdings Ltd (HKSE:01718) » Definitions » Total Assets
Comparable Companies
HKSE:01429 HKSE:03822 HKSE:01865 HKSE:01693 HKSE:01408 HKSE:01633 HKSE:01420 HKSE:01591 HKSE:00784 HKSE:01552 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 288 Hennessy Road, Unit No. 07, 16th Floor Emperor Group Centre, Wanchai, Hong Kong, HKG
Website
http://www.hkex1718.hk
Wan Kei Group Holdings Ltd is an engineering and construction company. It is engaged in the provision of foundation works including mini piles, pipe piles, and king posts. It also offers socketed steel, driven piles, and pre-drilling works. The operating business segments are Foundation Construction, Ground Investigation Services, Trading of beauty and skin care products and Financial Services. The Foundation construction segment provides foundation construction works to customers in Hong Kong, the Ground investigation services segment provides ground investigation services to customers in Hong Kong, Financial services segment provides investment, financing, and moneylending services. The company derives revenue mainly from the Foundation construction segment.
Executives
Ample Cheer Limited 2201 Interest of corporation controlled by you
Kingston Finance Limited 2106 Person having a security interest in shares
Chu Yuet Wah 2201 Interest of corporation controlled by you
Samwood Global Limited 2103 Interests held jointly with another person
Suntecli Company Limited 2101 Beneficial owner
Chan Sui Yau 2202 Interest of your spouse
Fong Hon Hung 2103 Interests held jointly with another person
Kwong Sui Sim 2202 Interest of your spouse
Lau Woon Si 2201 Interest of corporation controlled by you
Leung Man Lun Stephen 2103 Interests held jointly with another person
So Choi 2202 Interest of your spouse
Coast International Asset Management Limited 2102 Investment manager

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