CLPHF (CLP Holdings) Total Assets : $30,006 Mil (As of Jun. 2024)

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What is CLP Holdings Total Assets?

CLP Holdings's Total Assets for the quarter that ended in Jun. 2024 was $30,006 Mil.

During the past 12 months, CLP Holdings's average Total Assets Growth Rate was -0.50% per year. During the past 3 years, the average Total Assets Growth Rate was 0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 1.30% per year.

During the past 13 years, CLP Holdings's highest 3-Year average Total Assets Growth Rate was 26.60%. The lowest was -2.60%. And the median was 3.00%.

Total Assets is connected with ROA %. CLP Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 5.20%. Total Assets is also linked to Revenue through Asset Turnover. CLP Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.19.

CLP Holdings Total Assets Historical Data

The historical data trend for CLP 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.

CLP Holdings Total Assets Chart

CLP Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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28,396.82

30,216.21

30,748.69

30,316.49

29,328.66

CLP Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															33,195.55	30,316.49	29,992.85	29,328.66	30,005.51

CLP 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.

CLP 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 )
	=	14389.869	+	14938.795
	=	29,329

CLP Holdings's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	14532.266	+	15473.239
	=	30,006

CLP Holdings (OTCPK:CLPHF) Total Assets Explanation

Total Assets is connected with ROA %.

CLP Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	1541.87	/	( (29328.664	+	30005.506)	/ 2 )
	=	1541.87	/	29667.085
	=	5.20 %

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

CLP Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	5644.814	/	( (29328.664	+	30005.506)	/ 2 )
=	5644.814	/	29667.085
=	0.19

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.

CLP Holdings Total Assets Related Terms

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CLP Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CLP Holdings Ltd (OTCPK:CLPHF) » Definitions » Total Assets

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Traded in Other Exchanges

CLPHY:USA 00002:Hong Kong CLP:Germany

Address

8 Laguna Verde Avenue, Hung Hom, Kowloon, Hong Kong, HKG

Website

https://www.clpgroup.com

CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up 63% of recurring net profit in 2023.