Cornerstone Financial Holdings (HKSE:08112) Total Assets : HK$207.77 Mil (As of Dec. 2023)

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What is Cornerstone Financial Holdings Total Assets?

Cornerstone Financial Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$207.77 Mil.

During the past 12 months, Cornerstone Financial Holdings's average Total Assets Growth Rate was -29.80% per year. During the past 3 years, the average Total Assets Growth Rate was -13.30% per year. During the past 5 years, the average Total Assets Growth Rate was -14.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.30% per year.

During the past 13 years, Cornerstone Financial Holdings's highest 3-Year average Total Assets Growth Rate was 99.60%. The lowest was -18.80%. And the median was 5.80%.

Total Assets is connected with ROA %. Cornerstone Financial Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -53.89%. Total Assets is also linked to Revenue through Asset Turnover. Cornerstone Financial Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Cornerstone Financial Holdings Total Assets Historical Data

The historical data trend for Cornerstone Financial 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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Cornerstone Financial Holdings Total Assets Chart

Cornerstone Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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320.40

251.07

240.43

281.06

207.77

Cornerstone Financial 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															281.06	-	241.51	-	207.77

Cornerstone Financial 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.

Cornerstone Financial 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 )
	=	150.259	+	57.511
	=	207.77

Cornerstone Financial 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 )
	=	150.259	+	57.511
	=	207.77

Cornerstone Financial Holdings (HKSE:08112) Total Assets Explanation

Total Assets is connected with ROA %.

Cornerstone Financial 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 )
	=	-111.972	/	( (0	+	207.77)	/ 1 )
	=	-111.972	/	207.77
	=	-53.89 %

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.

Cornerstone Financial 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 )
=	14.849	/	( (0	+	207.77)	/ 1 )
=	14.849	/	207.77
=	0.07

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.

Cornerstone Financial Holdings Total Assets Related Terms

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Cornerstone Financial Holdings (HKSE:08112) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cornerstone Financial Holdings Ltd (HKSE:08112) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Hysan Avenue, Room 802, 8th Floor, Lee Garden Five, Causeway Bay, Hong Kong, HKG

Website

http://www.cs8112.com

Cornerstone Financial Holdings Ltd is an investment holding company. Its operating segment includes Advertising and Media, Financial Services, and Retail of skin care products. It generates maximum revenue from the Advertising and media segment. Geographically it operates in Hong Kong and Singapore and the majority of its revenue is from Hong Kong.

Executives

Masan Capital Limited	2102 Investment manager
Masan Multi Strategy Fund Spc - Masan Hk Equity Fund Sp	2101 Beneficial owner
Top Lion International Limited	2201 Interest of corporation controlled by you

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