Royal Century Resources Holdings (HKSE:08125) Total Assets : HK$73.60 Mil (As of Sep. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Royal Century Resources Holdings Total Assets?

Royal Century Resources Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$73.60 Mil.

During the past 12 months, Royal Century Resources Holdings's average Total Assets Growth Rate was -21.30% per year. During the past 3 years, the average Total Assets Growth Rate was -8.80% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year.

During the past 10 years, Royal Century Resources Holdings's highest 3-Year average Total Assets Growth Rate was 27.30%. The lowest was -10.90%. And the median was 2.50%.

Total Assets is connected with ROA %. Royal Century Resources Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -22.97%. Total Assets is also linked to Revenue through Asset Turnover. Royal Century Resources Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.21.

Royal Century Resources Holdings Total Assets Historical Data

The historical data trend for Royal Century Resources 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.

Royal Century Resources Holdings Total Assets Chart

Royal Century Resources Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

116.09

114.27

119.89

102.21

84.40

Royal Century Resources Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															91.33	-	84.40	-	73.60

Royal Century Resources 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.

Royal Century Resources 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 )
	=	47.982	+	36.418
	=	84.40

Royal Century Resources 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 )
	=	41.84	+	31.759
	=	73.60

Royal Century Resources Holdings (HKSE:08125) Total Assets Explanation

Total Assets is connected with ROA %.

Royal Century Resources Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-16.908	/	( (0	+	73.599)	/ 1 )
	=	-16.908	/	73.599
	=	-22.97 %

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

Royal Century Resources Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	15.601	/	( (0	+	73.599)	/ 1 )
=	15.601	/	73.599
=	0.21

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.

Royal Century Resources Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Royal Century Resources Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Royal Century Resources Holdings (HKSE:08125) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Royal Century Resources Holdings Ltd (HKSE:08125) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Suite 2201, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.royalcentury.hk

Royal Century Resources Holdings Ltd is a Hong Kong-based investment holding company. The company is principally engaged in the provision of fitting out and engineering services, design and procurement of furnishings and related products services, leasing of construction equipment, sourcing and merchandising of fine and rare wines, and provision of financial services. The company earns the majority of its revenue from design, fitting out, and engineering services. The group's operations are located in Hong Kong, and the PRC, of which the main revenue is generated from Hong Kong.

Executives

Zhao Chuanrong	2101 Beneficial owner
Max Premier Limited	2101 Beneficial owner
Hong Kong Chaoshang Group Limited	2101 Beneficial owner

Royal Century Resources Holdings (HKSE:08125) Headlines

No Headlines