Creative China Holdings (HKSE:08368) Total Assets : HK$397.6 Mil (As of Dec. 2023)

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What is Creative China Holdings Total Assets?

Creative China Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$397.6 Mil.

During the past 12 months, Creative China Holdings's average Total Assets Growth Rate was 4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.80% per year. During the past 5 years, the average Total Assets Growth Rate was 21.60% per year.

During the past 10 years, Creative China Holdings's highest 3-Year average Total Assets Growth Rate was 66.60%. The lowest was 12.10%. And the median was 23.80%.

Total Assets is connected with ROA %. Creative China Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 34.38%. Total Assets is also linked to Revenue through Asset Turnover. Creative China Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Creative China Holdings Total Assets Historical Data

The historical data trend for Creative China 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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Creative China Holdings Total Assets Chart

Creative China Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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210.11

264.44

299.36

380.50

397.59

Creative China Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															380.50	-	397.75	-	397.59

Creative China 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.

Creative China Holdings'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 )
	=	285.766	+	111.825
	=	397.6

Creative China Holdings'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 )
	=	285.766	+	111.825
	=	397.6

Creative China Holdings (HKSE:08368) Total Assets Explanation

Total Assets is connected with ROA %.

Creative China Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	136.676	/	( (0	+	397.591)	/ 1 )
	=	136.676	/	397.591
	=	34.38 %

Note: The Net Income data used here is four times the quarterly (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.

Creative China Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	72.251	/	( (0	+	397.591)	/ 1 )
=	72.251	/	397.591
=	0.18

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.

Creative China Holdings Total Assets Related Terms

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Creative China Holdings (HKSE:08368) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Creative China Holdings Ltd (HKSE:08368) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 5A Xiangjun Nanli 2nd Alley, Room 1901, 19th Floor, Yulin Building, Chaoyang District, Beijing, CHN

Website

http://www.ntmediabj.com

Creative China Holdings Ltd is an investment holding company in China. It has five operating segments program production, concert and event organization, mobile application development, and operation; and artist management. The program production segment provides film and television program original script creation, adaption, production & licensing, and related services. The company's geographical segments are Hong Kong and China.

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