Yuxing InfoTech Investment Holdings (HKSE:08005) Total Assets : HK$2,103.3 Mil (As of Dec. 2023)

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What is Yuxing InfoTech Investment Holdings Total Assets?

Yuxing InfoTech Investment Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$2,103.3 Mil.

During the past 12 months, Yuxing InfoTech Investment Holdings's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was -3.70% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year. During the past 10 years, the average Total Assets Growth Rate was 2.50% per year.

During the past 13 years, Yuxing InfoTech Investment Holdings's highest 3-Year average Total Assets Growth Rate was 45.20%. The lowest was -27.90%. And the median was -0.50%.

Total Assets is connected with ROA %. Yuxing InfoTech Investment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -17.05%. Total Assets is also linked to Revenue through Asset Turnover. Yuxing InfoTech Investment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Yuxing InfoTech Investment Holdings Total Assets Historical Data

The historical data trend for Yuxing InfoTech Investment 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.

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Yuxing InfoTech Investment Holdings Total Assets Chart

Yuxing InfoTech Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,520.07

2,494.24

2,505.44

2,255.06

2,103.29

Yuxing InfoTech Investment Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															2,255.06	-	2,185.51	-	2,103.29

Yuxing InfoTech Investment 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.

Yuxing InfoTech Investment 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 )
	=	1700.878	+	402.408
	=	2,103.3

Yuxing InfoTech Investment 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 )
	=	1700.878	+	402.408
	=	2,103.3

Yuxing InfoTech Investment Holdings (HKSE:08005) Total Assets Explanation

Total Assets is connected with ROA %.

Yuxing InfoTech Investment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-358.584	/	( (0	+	2103.286)	/ 1 )
	=	-358.584	/	2103.286
	=	-17.05 %

Note: The Net Income data used here is four times the quarterly (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.

Yuxing InfoTech Investment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	113.957	/	( (0	+	2103.286)	/ 1 )
=	113.957	/	2103.286
=	0.05

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.

Yuxing InfoTech Investment Holdings Total Assets Related Terms

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Yuxing InfoTech Investment Holdings (HKSE:08005) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Yuxing InfoTech Investment Holdings Ltd (HKSE:08005) » Definitions » Total Assets

Traded in Other Exchanges

YXGC:Germany

Address

No. 3609 Baishi Road, Unit 3310, Block A1, Building 9, Shenzhenwan Science and Technology Ecological Garden, District 2, Nanshan District, Shenzhen, CHN

Website

http://www.yuxing.com.cn

Yuxing InfoTech Investment Holdings Ltd is a China-based conglomerate that is mainly involved in the information home appliances business, investing, and trading. It operates in five segments. Information Home Appliances segment which derives majority revenue involves in the manufacture, sales, and distribution of information home appliances and complementary products to consumer markets. The Investing segment includes trading of securities and investing in financial instruments. The Leasing segment comprises leasing out of properties. The IDC segment consists of construction, operation, and leasing out of properties. The Other Operations segment refers to the trading of miscellaneous materials. It has a business presence mainly in Australia, the People's Republic of China, and Hong Kong.

Executives

Geely Group Limited	2201 Interest of corporation controlled by you
Li Shu Fu	2201 Interest of corporation controlled by you
Cong Yu	2201 Interest of corporation controlled by you
Cong Yu Company Limited	2201 Interest of corporation controlled by you
Foo Yatyan	2101 Beneficial owner
Honbridge Holdings Limited	2101 Beneficial owner
Hong Bridge Capital Limited	2101 Beneficial owner
He Xuechu	2101 Beneficial owner
Cedar Surplus Investments Limited	2201 Interest of corporation controlled by you
Unicorn Resources Inc.	2101 Beneficial owner
Zhu Weisha	2201 Interest of corporation controlled by you

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