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South Shore Holdings (South Shore Holdings) Total Assets : $1,217 Mil (As of Sep. 2020)


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What is South Shore Holdings Total Assets?

South Shore Holdings's Total Assets for the quarter that ended in Sep. 2020 was $1,217 Mil.

Total Assets is connected with ROA %. South Shore Holdings's annualized ROA % for the quarter that ended in Sep. 2020 was -9.48%. Total Assets is also linked to Revenue through Asset Turnover. South Shore Holdings's Asset Turnover for the quarter that ended in Sep. 2020 was 0.56.


South Shore Holdings Total Assets Historical Data

The historical data trend for South Shore 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.

South Shore Holdings Total Assets Chart

South Shore Holdings Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,616.75 1,741.46 1,778.43 1,064.97 1,117.63

South Shore Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
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 1,734.17 1,064.97 1,118.77 1,117.63 1,217.20

South Shore 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.

South Shore Holdings's Total Assets for the fiscal year that ended in Mar. 2020 is calculated as

Total Assets=Total Equity (A: Mar. 2020 )+Total Liabilities (A: Mar. 2020 )
=-205.509+1323.138
=1,118

South Shore Holdings's Total Assets for the quarter that ended in Sep. 2020 is calculated as

Total Assets=Total Equity (Q: Sep. 2020 )+Total Liabilities (Q: Sep. 2020 )
=-266.362+1483.558
=1,217

* 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.


South Shore Holdings  (OTCPK:LOUIF) Total Assets Explanation

Total Assets is connected with ROA %.

South Shore Holdings's annualized ROA % for the quarter that ended in Sep. 2020 is

ROA %=Net Income (Q: Sep. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=-110.666/( (1117.629+1217.196)/ 2 )
=-110.666/1167.4125
=-9.48 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2020) 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.

South Shore Holdings's Asset Turnover for the quarter that ended in Sep. 2020 is

Asset Turnover
=Revenue (Q: Sep. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Sep. 2020 ))/ count )
=655.939/( (1117.629+1217.196)/ 2 )
=655.939/1167.4125
=0.56

* 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.

South Shore Holdings Total Assets Related Terms

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South Shore Holdings (South Shore Holdings) Business Description

Traded in Other Exchanges
N/A
Address
250 Hennessy Road, 33rd Floor, 250 Hennessy, Wanchai, Hong Kong, HKG
South Shore Holdings Ltd is an investment holding company. The company's operating segment include Management contracting; Property development management; Property investment and Hotel operation. It generates maximum revenue from the Management contracting segment. Management contracting segment is engaged in the building construction and civil engineering. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in Macau, PRC and Singapore and Malaysia.

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