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Global Engine Group Holding (Global Engine Group Holding) Total Assets : $3.91 Mil (As of Dec. 2022)


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What is Global Engine Group Holding Total Assets?

Global Engine Group Holding's Total Assets for the quarter that ended in Dec. 2022 was $3.91 Mil.

Total Assets is connected with ROA %. Global Engine Group Holding's annualized ROA % for the quarter that ended in Dec. 2022 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Global Engine Group Holding's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Global Engine Group Holding Total Assets Historical Data

The historical data trend for Global Engine Group 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.

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Global Engine Group Holding Total Assets Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22
Total Assets
1.54 1.44 2.20

Global Engine Group Holding Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Total Assets Get a 7-Day Free Trial - 1.44 4.27 2.20 3.91

Global Engine Group 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.

Global Engine Group Holding's Total Assets for the fiscal year that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (A: Jun. 2022 )+Total Liabilities (A: Jun. 2022 )
=1.133+1.063
=2.20

Global Engine Group Holding's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (Q: Dec. 2022 )+Total Liabilities (Q: Dec. 2022 )
=1.36+2.55
=3.91

* 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.

Global Engine Group Holding  (NAS:GLE) Total Assets Explanation

Total Assets is connected with ROA %.

Global Engine Group Holding's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %=Net Income (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (2.197+3.91)/ 2 )
=0/3.0535
=0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Global Engine Group Holding's Asset Turnover for the quarter that ended in Dec. 2022 is

Asset Turnover
=Revenue (Q: Dec. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Dec. 2022 ))/ count )
=0/( (2.197+3.91)/ 2 )
=0/3.0535
=0.00

* 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.

Global Engine Group Holding Total Assets Related Terms

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Global Engine Group Holding (Global Engine Group Holding) Business Description

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Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.

Global Engine Group Holding (Global Engine Group Holding) Headlines

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