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Associated International Hotels (HKSE:00105) Total Assets : HK$8,544.0 Mil (As of Sep. 2023)


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What is Associated International Hotels Total Assets?

Associated International Hotels's Total Assets for the quarter that ended in Sep. 2023 was HK$8,544.0 Mil.

During the past 12 months, Associated International Hotels's average Total Assets Growth Rate was -2.00% per year. During the past 3 years, the average Total Assets Growth Rate was -14.90% per year. During the past 5 years, the average Total Assets Growth Rate was -11.50% per year. During the past 10 years, the average Total Assets Growth Rate was -4.90% per year.

During the past 13 years, Associated International Hotels's highest 3-Year average Total Assets Growth Rate was 22.80%. The lowest was -14.90%. And the median was 8.10%.

Total Assets is connected with ROA %. Associated International Hotels's annualized ROA % for the quarter that ended in Sep. 2023 was 11.01%. Total Assets is also linked to Revenue through Asset Turnover. Associated International Hotels's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.


Associated International Hotels Total Assets Historical Data

The historical data trend for Associated International Hotels'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.

Associated International Hotels Total Assets Chart

Associated International Hotels Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,115.00 12,785.49 11,058.40 9,802.76 8,069.48

Associated International Hotels 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 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 10,569.10 9,802.76 8,664.52 8,069.48 8,543.99

Associated International Hotels 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.

Associated International Hotels'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 )
=7619.946+449.535
=8,069.5

Associated International Hotels'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 )
=7994.234+549.755
=8,544.0

* 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.


Associated International Hotels  (HKSE:00105) Total Assets Explanation

Total Assets is connected with ROA %.

Associated International Hotels'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 )
=914.176/( (8069.481+8543.989)/ 2 )
=914.176/8306.735
=11.01 %

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.

Associated International Hotels'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 )
=147.109/( (8069.481+8543.989)/ 2 )
=147.109/8306.735
=0.02

* 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.

Associated International Hotels Total Assets Related Terms

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Associated International Hotels (HKSE:00105) Business Description

Traded in Other Exchanges
N/A
Address
63 Nathan Road, 9th Floor, iSQUARE, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Associated International Hotels Ltd is a Hong-Kong investment holding company principally engaged in property-related businesses. Its only reportable segment is Property leasing. The company generates revenue from Interest income, Management fees, and Others. The properties under the company include iSQUARE, Good Luck Industrial Building as well as the offices in Euro Trade Centre in Hong Kong. Geographically, it derives revenue from Hong Kong.

Associated International Hotels (HKSE:00105) Headlines

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