Best Linking Group Holdings (HKSE:09882) Total Assets : HK$172.6 Mil (As of Jun. 2023)

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What is Best Linking Group Holdings Total Assets?

Best Linking Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$172.6 Mil.

During the past 12 months, Best Linking Group Holdings's average Total Assets Growth Rate was 12.00% per year. During the past 3 years, the average Total Assets Growth Rate was 19.50% per year. During the past 5 years, the average Total Assets Growth Rate was 21.80% per year.

During the past 7 years, Best Linking Group Holdings's highest 3-Year average Total Assets Growth Rate was 26.90%. The lowest was 11.70%. And the median was 21.55%.

Total Assets is connected with ROA %. Best Linking Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 26.92%. Total Assets is also linked to Revenue through Asset Turnover. Best Linking Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.27.

Best Linking Group Holdings Total Assets Historical Data

The historical data trend for Best Linking Group 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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Best Linking Group Holdings Total Assets Chart

Best Linking Group Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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101.05

107.59

144.20

149.19

164.86

Best Linking Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															-	149.19	-	172.62	164.86

Best Linking Group 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.

Best Linking Group 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 )
	=	147.66	+	17.197
	=	164.9

Best Linking Group Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	138.9	+	33.719
	=	172.6

Best Linking Group Holdings (HKSE:09882) Total Assets Explanation

Total Assets is connected with ROA %.

Best Linking Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	46.472	/	( (0	+	172.619)	/ 1 )
	=	46.472	/	172.619
	=	26.92 %

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

Best Linking Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	46.852	/	( (0	+	172.619)	/ 1 )
=	46.852	/	172.619
=	0.27

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.

Best Linking Group Holdings Total Assets Related Terms

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Best Linking Group Holdings (HKSE:09882) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Best Linking Group Holdings Ltd (HKSE:09882) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Gongye 2nd Cross Road, Tutang 2nd Industrial Zone, Changping, Guangdong, Dongguan, CHN

Website

https://www.blg.hk

Best Linking Group Holdings Ltd is a slewing ring manufacturer in China. These slewing rings have applications in the areas of construction machinery and equipment, wind turbines, military equipment, and robotics. Geographically, it derives a majority of its revenue from Singapore and also has a presence in Malaysia, Hong Kong, Japan, United States, China, Taiwan, Canada, Northern Island, Thailand, and other countries.

Executives

C Centrum Holdings Limited	2101 Beneficial owner
Chan Yuk Pan	2201 Interest of corporation controlled by you
Leung Tak Yee	2202 Interest of your spouse

Best Linking Group Holdings (HKSE:09882) Headlines

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