Taing Land Development's Total Assets for the quarter that ended in Dec. 2023 was HK$11,891.0 Mil.
During the past 12 months, Taing Land Development's average Total Assets Growth Rate was -1.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.40% per year.
During the past 5 years, the average Total Assets Growth Rate was 3.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 13 years, Taing Land Development's highest 3-Year average Total Assets Growth Rate was 47.00%. The lowest was -31.30%. And the median was 7.75%.
* 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.
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.
Taing Land Development's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Taing Land Development (HKSE:00089) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 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.
Taing Land Development's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
Taing Land Development Total Assets Related Terms
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Taing Land Development (HKSE:00089) Business Description
Tai Sang Land Development Ltd is an investment holding company engaged in property investment, property rental, property development, estate management and agency, hotel operation and catering operation. It operates in four segments which include Property rental, Property related services, and Hotel operations, Catering operations. The property rental segment generates most of the revenue.
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