AP Rentals Holdings (HKSE:01496) Total Assets

: HK$322.6 Mil (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

AP Rentals Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$322.6 Mil.

During the past 12 months, AP Rentals Holdings's average Total Assets Growth Rate was -7.60% per year. During the past 3 years, the average Total Assets Growth Rate was -7.00% per year. During the past 5 years, the average Total Assets Growth Rate was -2.00% per year.

During the past 9 years, AP Rentals Holdings's highest 3-Year average Total Assets Growth Rate was 9.10%. The lowest was -7.00%. And the median was 3.00%.

Total Assets is connected with ROA %. AP Rentals Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 2.50%. Total Assets is also linked to Revenue through Asset Turnover. AP Rentals Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.24.

AP Rentals Holdings Total Assets Historical Data

The historical data trend for AP Rentals 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.

AP Rentals Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

332.06

344.91

310.69

318.67

327.89

AP Rentals Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial													309.16	318.67	318.47	327.89	322.59

AP Rentals 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.

AP Rentals 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 )
	=	224.158	+	103.729
	=	327.9

AP Rentals 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 )
	=	221.743	+	100.842
	=	322.6

AP Rentals Holdings (HKSE:01496) Total Assets Explanation

Total Assets is connected with ROA %.

AP Rentals Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	8.13	/	( (327.887	+	322.585)	/ 2 )
	=	8.13	/	325.236
	=	2.50 %

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

AP Rentals Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	78.859	/	( (327.887	+	322.585)	/ 2 )
=	78.859	/	325.236
=	0.24

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.

AP Rentals Holdings Total Assets Related Terms

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

AP Rentals Holdings (HKSE:01496) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » AP Rentals Holdings Ltd (HKSE:01496) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 75, Mody Road, Unit 806A, 8th Floor, Tower II, South Seas Centre, Kowloon, Hong Kong, HKG

Website

https://www.aprentalshk.com

AP Rentals Holdings Ltd operates as an equipment rental service company in Hong Kong. The company's operating segment includes Leasing and Trading. where the leasing segment is engaged in the leasing of machinery, lease-related operating service, repair and maintenance service, delivery service, and installation service, and the trading segment includes sales of machinery and parts. The company generates maximum revenue from the Leasing segment. Geographically, the company derives the majority of its revenue from Hong Kong and has a presence in Macau, PRC, and Singapore.

AP Rentals Holdings (HKSE:01496) Headlines

No Headlines