OKG Technology Holdings (HKSE:01499) Total Assets : HK$1,075.1 Mil (As of Sep. 2023)

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What is OKG Technology Holdings Total Assets?

OKG Technology Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$1,075.1 Mil.

During the past 12 months, OKG Technology Holdings's average Total Assets Growth Rate was -31.80% per year. During the past 3 years, the average Total Assets Growth Rate was 43.80% per year. During the past 5 years, the average Total Assets Growth Rate was 35.90% per year.

During the past 9 years, OKG Technology Holdings's highest 3-Year average Total Assets Growth Rate was 49.20%. The lowest was 6.10%. And the median was 14.20%.

Total Assets is connected with ROA %. OKG Technology Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -1.69%. Total Assets is also linked to Revenue through Asset Turnover. OKG Technology Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.11.

OKG Technology Holdings Total Assets Historical Data

The historical data trend for OKG Technology 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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OKG Technology Holdings Total Assets Chart

OKG Technology Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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594.66

603.22

605.14

997.33

1,105.19

OKG Technology Holdings Semi-Annual Data
	Sep14	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														512.57	997.33	1,512.37	1,105.19	1,075.07

OKG Technology 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.

OKG Technology 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 )
	=	208.595	+	896.599
	=	1,105.2

OKG Technology 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 )
	=	198.922	+	876.146
	=	1,075.1

OKG Technology Holdings (HKSE:01499) Total Assets Explanation

Total Assets is connected with ROA %.

OKG Technology 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 )
	=	-18.376	/	( (1105.194	+	1075.068)	/ 2 )
	=	-18.376	/	1090.131
	=	-1.69 %

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.

OKG Technology 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 )
=	123.646	/	( (1105.194	+	1075.068)	/ 2 )
=	123.646	/	1090.131
=	0.11

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.

OKG Technology Holdings Total Assets Related Terms

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OKG Technology Holdings (HKSE:01499) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » OKG Technology Holdings Ltd (HKSE:01499) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG

Website

https://www.okg.com.hk

OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.

OKG Technology Holdings (HKSE:01499) Headlines

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