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Honma Golf (HKSE:06858) Total Assets : HK$2,222 Mil (As of Mar. 2024)


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What is Honma Golf Total Assets?

Honma Golf's Total Assets for the quarter that ended in Mar. 2024 was HK$2,222 Mil.

During the past 12 months, Honma Golf's average Total Assets Growth Rate was -12.30% per year. During the past 3 years, the average Total Assets Growth Rate was -9.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.80% per year. During the past 10 years, the average Total Assets Growth Rate was 5.00% per year.

During the past 11 years, Honma Golf's highest 3-Year average Total Assets Growth Rate was 18.30%. The lowest was -9.70%. And the median was 6.00%.

Total Assets is connected with ROA %. Honma Golf's annualized ROA % for the quarter that ended in Mar. 2024 was 7.05%. Total Assets is also linked to Revenue through Asset Turnover. Honma Golf's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.


Honma Golf Total Assets Historical Data

The historical data trend for Honma Golf'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.

Honma Golf Total Assets Chart

Honma Golf Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,805.32 2,606.97 2,733.06 2,370.35 2,221.56

Honma Golf Semi-Annual Data
Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 Premium Member Only 2,733.06 2,422.20 2,370.35 2,216.70 2,221.56

Honma Golf 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.

Honma Golf's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=1497.171+724.39
=2,222

Honma Golf's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1497.171+724.39
=2,222

* 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.


Honma Golf  (HKSE:06858) Total Assets Explanation

Total Assets is connected with ROA %.

Honma Golf's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=156.504/( (2216.704+2221.56)/ 2 )
=156.504/2219.132
=7.05 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) 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.

Honma Golf's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=680.278/( (2216.704+2221.56)/ 2 )
=680.278/2219.132
=0.31

* 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.

Honma Golf Total Assets Related Terms

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Honma Golf Business Description

Traded in Other Exchanges
N/A
Address
35th Floor, Roppongi Hills, Mori Tower, P.O. Box No. 62, 6-10-1, Roppongi, Minatoku, Tokyo, JPN
Honma Golf Ltd is an investment holding company. It is engaged in the design, manufacturing, and sale of golf-related products and the rendering of services relating to such products. Geographically, it derives a majority of its revenue from Japan and also has a presence in Korea, China, North America, Europe, and the Rest of the world. The group currently offers golf clubs mainly under three major product families, namely BERES, TOUR WORLD, and Be ZEAL.
Executives
Huang Wenhuan 2202 Interest of your spouse
Liu Jianguo 2307 Founder of a discretionary trust who can infl
Kouunn Holdings Limited 2101 Beneficial owner
Gold Genius Development Limited 2106 Person having a security interest in shares
Splendid Steed Investments Limited 2201 Interest of corporation controlled by you
Ma Jianrong 2201 Interest of corporation controlled by you
Vistra Trust (hong Kong) Limited 2301 Trustee
Charoen Pokphand Group Company Limited 2201 Interest of corporation controlled by you
Dazzling Coast Limited 2201 Interest of corporation controlled by you
Prize Ray Limited 2201 Interest of corporation controlled by you
Itochu Corporation 2101 Beneficial owner
Yuanta Financial Holding Co., Ltd 2201 Interest of corporation controlled by you

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