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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Total Assets : $1,794 Mil (As of Jun. 2018)


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What is Hong Kong Aircraft Engineering Co Total Assets?

Hong Kong Aircraft Engineering Co's Total Assets for the quarter that ended in Jun. 2018 was $1,794 Mil.

Total Assets is connected with ROA %. Hong Kong Aircraft Engineering Co's annualized ROA % for the quarter that ended in Jun. 2018 was 6.66%. Total Assets is also linked to Revenue through Asset Turnover. Hong Kong Aircraft Engineering Co's Asset Turnover for the quarter that ended in Jun. 2018 was 0.52.


Hong Kong Aircraft Engineering Co Total Assets Historical Data

The historical data trend for Hong Kong Aircraft Engineering Co'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.

Hong Kong Aircraft Engineering Co Total Assets Chart

Hong Kong Aircraft Engineering Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,587.15 1,940.14 1,892.99 1,849.56 1,796.41

Hong Kong Aircraft Engineering Co Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,975.39 1,849.56 1,914.62 1,796.41 1,794.04

Hong Kong Aircraft Engineering Co 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.

Hong Kong Aircraft Engineering Co's Total Assets for the fiscal year that ended in Dec. 2017 is calculated as

Total Assets=Total Equity (A: Dec. 2017 )+Total Liabilities (A: Dec. 2017 )
=919.645+876.766
=1,796

Hong Kong Aircraft Engineering Co's Total Assets for the quarter that ended in Jun. 2018 is calculated as

Total Assets=Total Equity (Q: Jun. 2018 )+Total Liabilities (Q: Jun. 2018 )
=968.893+825.146
=1,794

* 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.


Hong Kong Aircraft Engineering Co  (OTCPK:HKAEY) Total Assets Explanation

Total Assets is connected with ROA %.

Hong Kong Aircraft Engineering Co's annualized ROA % for the quarter that ended in Jun. 2018 is

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=119.534/( (1796.411+1794.039)/ 2 )
=119.534/1795.225
=6.66 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) 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.

Hong Kong Aircraft Engineering Co's Asset Turnover for the quarter that ended in Jun. 2018 is

Asset Turnover
=Revenue (Q: Jun. 2018 )/( (Total Assets (Q: Dec. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=933.466/( (1796.411+1794.039)/ 2 )
=933.466/1795.225
=0.52

* 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.

Hong Kong Aircraft Engineering Co Total Assets Related Terms

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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Business Description

Traded in Other Exchanges
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Address
Hong Kong Aircraft Engineering Co Ltd operates as an independent aircraft engineering and maintenance company. The global firm offers airframe, line, component, engine, cabin integration, and inventory management services. Its operating segments are primarily designated by region: Hong Kong, Americas, Xiamen, and TEXL (Taikoo Engine Services). HAECO offers round-the-clock support to various airline customers and has relationships with original-equipment manufacturers to provide technical and engineering expertise. In addition, the company provides technical training staff, industry partners, and the public with training and license examination services. Asia accounts for the majority of total revenue.

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