Elegance Optical International Holdings (FRA:5HW) Total Assets : €11.85 Mil (As of Sep. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Elegance Optical International Holdings Total Assets?

Elegance Optical International Holdings's Total Assets for the quarter that ended in Sep. 2024 was €11.85 Mil.

During the past 12 months, Elegance Optical International Holdings's average Total Assets Growth Rate was -37.30% per year. During the past 3 years, the average Total Assets Growth Rate was -32.70% per year. During the past 5 years, the average Total Assets Growth Rate was -26.40% per year. During the past 10 years, the average Total Assets Growth Rate was -10.90% per year.

During the past 13 years, Elegance Optical International Holdings's highest 3-Year average Total Assets Growth Rate was 18.40%. The lowest was -32.70%. And the median was -3.95%.

Total Assets is connected with ROA %. Elegance Optical International Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -28.16%. Total Assets is also linked to Revenue through Asset Turnover. Elegance Optical International Holdings's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Elegance Optical International Holdings Total Assets Historical Data

The historical data trend for Elegance Optical International 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.

Elegance Optical International Holdings Total Assets Chart

Elegance Optical International Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

44.25

43.33

30.53

17.65

10.80

Elegance Optical International Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															28.41	17.65	18.08	10.80	11.85

Elegance Optical International 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.

Elegance Optical International Holdings's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	2.105	+	8.693
	=	10.80

Elegance Optical International Holdings's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	0.474	+	11.374
	=	11.85

Elegance Optical International Holdings (FRA:5HW) Total Assets Explanation

Total Assets is connected with ROA %.

Elegance Optical International Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-3.188	/	( (10.798	+	11.848)	/ 2 )
	=	-3.188	/	11.323
	=	-28.16 %

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

Elegance Optical International Holdings's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0.821	/	( (10.798	+	11.848)	/ 2 )
=	0.821	/	11.323
=	0.07

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.

Elegance Optical International Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Elegance Optical International Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Elegance Optical International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elegance Optical International Holdings Ltd (FRA:5HW) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

00907:Hong Kong

Address

145 Hennessy Road, On Hong Commercial Building, Room 22, 22nd Floor, Wanchai, Hong Kong, HKG

Website

http://www.elegance-group.com

Elegance Optical International Holdings Ltd and its subsidiaries are the manufacturers and sellers of optical frames and sunglasses. Its operating segments include the trading segment engaged in the manufacture and trading of optical frames and sunglasses; the Property investment segment is involved in leasing properties for rental income; the Debts and securities investment segment engaged in investments in financial instruments and quoted shares; Film investment and distribution segment engaged in film right and movie distributions; and Energy business. It derives key revenue from the trading segment. It operates in Europe, America, the PRC (including Hong Kong), and other countries.

Elegance Optical International Holdings Headlines

No Headlines