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Fu Shou Yuan International Group (HKSE:01448) Total Assets : HK$9,481 Mil (As of Dec. 2023)


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What is Fu Shou Yuan International Group Total Assets?

Fu Shou Yuan International Group's Total Assets for the quarter that ended in Dec. 2023 was HK$9,481 Mil.

Warning Sign:

If a company builds assets at 12.1% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Fu Shou Yuan International Group's average Total Assets Growth Rate was -0.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was 12.10% per year. During the past 10 years, the average Total Assets Growth Rate was 16.00% per year.

During the past 12 years, Fu Shou Yuan International Group's highest 3-Year average Total Assets Growth Rate was 43.50%. The lowest was 3.90%. And the median was 16.20%.

Total Assets is connected with ROA %. Fu Shou Yuan International Group's annualized ROA % for the quarter that ended in Dec. 2023 was 7.68%. Total Assets is also linked to Revenue through Asset Turnover. Fu Shou Yuan International Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.


Fu Shou Yuan International Group Total Assets Historical Data

The historical data trend for Fu Shou Yuan International Group'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.

Fu Shou Yuan International Group Total Assets Chart

Fu Shou Yuan International Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,660.50 7,916.53 9,067.73 8,728.12 9,480.64

Fu Shou Yuan International Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 9,067.73 8,670.45 8,728.12 9,121.27 9,480.64

Fu Shou Yuan International Group 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.

Fu Shou Yuan International Group'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 )
=7190.354+2290.289
=9,481

Fu Shou Yuan International Group'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 )
=7190.354+2290.289
=9,481

* 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.


Fu Shou Yuan International Group  (HKSE:01448) Total Assets Explanation

Total Assets is connected with ROA %.

Fu Shou Yuan International Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=714.274/( (9121.273+9480.642)/ 2 )
=714.274/9300.9575
=7.68 %

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

Fu Shou Yuan International Group's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1206.971/( (9121.273+9480.642)/ 2 )
=1206.971/9300.9575
=0.13

* 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.

Fu Shou Yuan International Group Total Assets Related Terms

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Fu Shou Yuan International Group (HKSE:01448) Business Description

Traded in Other Exchanges
Address
No. 88 Cao Xi Road North, Room 1306, Sheng Ai Building, Xuhui District, Shanghai, CHN, 200030
Fu Shou Yuan International Group Ltd is a personal services company that provides burial, funeral, and auxiliary services throughout China. The company derives the vast majority of its revenue from the provision of burial services. Within this business activity, Fu Shou Yuan generates most of its revenue from the sale of primarily customized, artistic, and traditional burial plots. The company also provides cemetery maintenance services for its portfolio of cemeteries within its burial services segment. The majority of Fu Shou Yuan's sales come from the Shanghai region, while the Liaoning province also contributes a sizable percentage of total revenue. Fu Shou Yuan's other divisions are involved in the acquisition and operation of funeral homes and the building of cremation machines.

Fu Shou Yuan International Group (HKSE:01448) Headlines

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