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XiangXing International Holding (HKSE:01732) Total Assets : HK$241.1 Mil (As of Dec. 2024)


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What is XiangXing International Holding Total Assets?

XiangXing International Holding's Total Assets for the quarter that ended in Dec. 2024 was HK$241.1 Mil.

During the past 12 months, XiangXing International Holding's average Total Assets Growth Rate was 10.40% per year. During the past 3 years, the average Total Assets Growth Rate was 1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 15.40% per year. During the past 10 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 11 years, XiangXing International Holding's highest 3-Year average Total Assets Growth Rate was 36.50%. The lowest was 1.70%. And the median was 18.60%.

Total Assets is connected with ROA %. XiangXing International Holding's annualized ROA % for the quarter that ended in Dec. 2024 was -10.54%. Total Assets is also linked to Revenue through Asset Turnover. XiangXing International Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.48.


XiangXing International Holding Total Assets Historical Data

The historical data trend for XiangXing International Holding'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.

XiangXing International Holding Total Assets Chart

XiangXing International Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 215.12 226.69 214.81 242.67 241.06

XiangXing International Holding Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 214.81 231.36 242.67 255.98 241.06

XiangXing International Holding 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.

XiangXing International Holding's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=218.45+22.614
=241.1

XiangXing International Holding's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=218.45+22.614
=241.1

* 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.


XiangXing International Holding  (HKSE:01732) Total Assets Explanation

Total Assets is connected with ROA %.

XiangXing International Holding's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-26.2/( (255.979+241.064)/ 2 )
=-26.2/248.5215
=-10.54 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2024) 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.

XiangXing International Holding's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=119.903/( (255.979+241.064)/ 2 )
=119.903/248.5215
=0.48

* 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.

XiangXing International Holding Total Assets Related Terms

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XiangXing International Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 233 Jiangang Road, Xiamen Area (Bonded Port), China (Fujian) Pilot Free Trade Zone, Haicang District, Fujian Province, Xiamen, CHN
XiangXing International Holding Ltd is an investment holding company. Along with its subsidiaries, it operates in the following reportable segments: import and export agency services, container and stone blocks road freight forwarding services, intra-port ancillary services, intra-port container transportation services, and trading of building materials and automobile accessories. Maximum revenue for the group is generated from the provision of intra-port container transportation services. Geographically, all of its operating activities are principally carried out in the People's Republic of China (PRC).
Executives
Cheng Youguo 2201 Interest of corporation controlled by you
Glory Fame Venture Limited 2101 Beneficial owner
Huang Meili 2202 Interest of your spouse

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