Forward Fashion (International) Holdings Co (HKSE:02528) Total Assets : HK$912 Mil (As of Dec. 2023)

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What is Forward Fashion (International) Holdings Co Total Assets?

Forward Fashion (International) Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$912 Mil.

During the past 12 months, Forward Fashion (International) Holdings Co's average Total Assets Growth Rate was 0.30% per year. During the past 3 years, the average Total Assets Growth Rate was -6.90% per year. During the past 5 years, the average Total Assets Growth Rate was -8.70% per year.

During the past 8 years, Forward Fashion (International) Holdings Co's highest 3-Year average Total Assets Growth Rate was 8.40%. The lowest was -13.80%. And the median was -6.00%.

Total Assets is connected with ROA %. Forward Fashion (International) Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 was -2.35%. Total Assets is also linked to Revenue through Asset Turnover. Forward Fashion (International) Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.56.

Forward Fashion (International) Holdings Co Total Assets Historical Data

The historical data trend for Forward Fashion (International) Holdings Co'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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Forward Fashion (International) Holdings Co Total Assets Chart

Forward Fashion (International) Holdings Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,308.37

1,280.26

1,129.37

910.46

912.17

Forward Fashion (International) Holdings Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								1,129.37	1,014.95	910.46	888.26	912.17

Forward Fashion (International) Holdings Co 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.

Forward Fashion (International) Holdings Co'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 )
	=	218.644	+	693.524
	=	912

Forward Fashion (International) Holdings Co'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 )
	=	218.644	+	693.524
	=	912

Forward Fashion (International) Holdings Co (HKSE:02528) Total Assets Explanation

Total Assets is connected with ROA %.

Forward Fashion (International) Holdings Co'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 )
	=	-21.182	/	( (888.259	+	912.168)	/ 2 )
	=	-21.182	/	900.2135
	=	-2.35 %

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.

Forward Fashion (International) Holdings Co'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 )
=	502.376	/	( (888.259	+	912.168)	/ 2 )
=	502.376	/	900.2135
=	0.56

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.

Forward Fashion (International) Holdings Co Total Assets Related Terms

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Forward Fashion (International) Holdings Co (HKSE:02528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Forward Fashion (International) Holdings Co Ltd (HKSE:02528) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Gateway, Harbour City, Suite 1204, 12th Floor, Tower 6, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.forward-fashion.com

Forward Fashion (International) Holdings Co Ltd is engaged in the retail of fashion apparel of international brands ranging from designer label brands, and popular brands to up-and-coming brands in Greater China. Its brands include UM, UM IXOX, and IXOX. It has opened mono-brand stores in Greater China for the brands BLACK BARRETT, CK CALVIN KLEIN, Calvin Klein Jeans, Calvin Klein Performance, Calvin Klein Underwear, EA7, Ed Hardy, Hogan, Moschino, Neil Barrett, Philipp Plein, Tommy Hilfiger and Under Armour. It has a business presence in Mainland China, Macau, Hong Kong, and Other regions.

Executives

Gold Star Fashion Limited	2101 Beneficial owner
Cheng King Ling	2202 Interest of your spouse
Fan Wing Ting	2201 Interest of corporation controlled by you

Forward Fashion (International) Holdings Co (HKSE:02528) Headlines

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