Far East Hotels & Entertainment (HKSE:00037) Total Assets : HK$394.63 Mil (As of Sep. 2023)

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What is Far East Hotels & Entertainment Total Assets?

Far East Hotels & Entertainment's Total Assets for the quarter that ended in Sep. 2023 was HK$394.63 Mil.

During the past 12 months, Far East Hotels & Entertainment's average Total Assets Growth Rate was -9.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.50% per year. During the past 5 years, the average Total Assets Growth Rate was 6.50% per year. During the past 10 years, the average Total Assets Growth Rate was 0.20% per year.

During the past 13 years, Far East Hotels & Entertainment's highest 3-Year average Total Assets Growth Rate was 12.10%. The lowest was -12.60%. And the median was -2.90%.

Total Assets is connected with ROA %. Far East Hotels & Entertainment's annualized ROA % for the quarter that ended in Sep. 2023 was -3.86%. Total Assets is also linked to Revenue through Asset Turnover. Far East Hotels & Entertainment's Asset Turnover for the quarter that ended in Sep. 2023 was 0.04.

Far East Hotels & Entertainment Total Assets Historical Data

The historical data trend for Far East Hotels & Entertainment'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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Far East Hotels & Entertainment Total Assets Chart

Far East Hotels & Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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330.99

361.43

389.11

433.36

407.68

Far East Hotels & Entertainment Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															395.55	433.36	437.80	407.68	394.63

Far East Hotels & Entertainment 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.

Far East Hotels & Entertainment's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	371.46	+	36.218
	=	407.68

Far East Hotels & Entertainment's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	363.948	+	30.682
	=	394.63

Far East Hotels & Entertainment (HKSE:00037) Total Assets Explanation

Total Assets is connected with ROA %.

Far East Hotels & Entertainment's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-15.502	/	( (407.678	+	394.63)	/ 2 )
	=	-15.502	/	401.154
	=	-3.86 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) 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.

Far East Hotels & Entertainment's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	17.378	/	( (407.678	+	394.63)	/ 2 )
=	17.378	/	401.154
=	0.04

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.

Far East Hotels & Entertainment Total Assets Related Terms

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Far East Hotels & Entertainment (HKSE:00037) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Hotels & Entertainment Ltd (HKSE:00037) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG

Website

https://www.tricor.com.hk/webservice/00037

Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates under business segments of Hotel operations in Hong Kong; Serviced property letting in Mainland China; Property investment in Hong Kong; Property investment overseas; and Securities investment and trading. The company earns maximum revenue from Hotel operations in Hong Kong. The group's operations are located in Hong Kong, Mainland China, and overseas.

Executives

Chiu Derek	2201 Interest of corporation controlled by you
Lui Yu Kin	2101 Beneficial owner

Far East Hotels & Entertainment (HKSE:00037) Headlines

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