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Sino Strategic International (ASX:SSI) Total Assets : A$7.07 Mil (As of Jun. 2010)


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What is Sino Strategic International Total Assets?

Sino Strategic International's Total Assets for the quarter that ended in Jun. 2010 was A$7.07 Mil.

Total Assets is connected with ROA %. Sino Strategic International's annualized ROA % for the quarter that ended in Jun. 2010 was 8.07%. Total Assets is also linked to Revenue through Asset Turnover. Sino Strategic International's Asset Turnover for the quarter that ended in Jun. 2010 was 0.04.


Sino Strategic International Total Assets Historical Data

The historical data trend for Sino Strategic International'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.

Sino Strategic International Total Assets Chart

Sino Strategic International Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.65 104.97 97.57 71.63 7.07

Sino Strategic International Semi-Annual Data
Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10
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 124.65 104.97 97.57 71.63 7.07

Sino Strategic International 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.

Sino Strategic International's Total Assets for the fiscal year that ended in Jun. 2010 is calculated as

Total Assets=Total Equity (A: Jun. 2010 )+Total Liabilities (A: Jun. 2010 )
=1.331+5.741
=7.07

Sino Strategic International's Total Assets for the quarter that ended in Jun. 2010 is calculated as

Total Assets=Total Equity (Q: Jun. 2010 )+Total Liabilities (Q: Jun. 2010 )
=1.331+5.741
=7.07

* 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.


Sino Strategic International  (ASX:SSI) Total Assets Explanation

Total Assets is connected with ROA %.

Sino Strategic International's annualized ROA % for the quarter that ended in Jun. 2010 is

ROA %=Net Income (Q: Jun. 2010 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Jun. 2010 ))/ count )
=3.176/( (71.632+7.072)/ 2 )
=3.176/39.352
=8.07 %

Note: The Net Income data used here is one times the annual (Jun. 2010) 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.

Sino Strategic International's Asset Turnover for the quarter that ended in Jun. 2010 is

Asset Turnover
=Revenue (Q: Jun. 2010 )/( (Total Assets (Q: Jun. 2009 )+Total Assets (Q: Jun. 2010 ))/ count )
=1.577/( (71.632+7.072)/ 2 )
=1.577/39.352
=0.04

* 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.

Sino Strategic International Total Assets Related Terms

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Sino Strategic International (ASX:SSI) Business Description

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Sino Strategic International (SSI) is a diversified investment holding company with interest in gaming and entertainment business, internet & mobile media and investment services.

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