China Merchants China Direct Investments (HKSE:00133) Total Assets : HK$5,918 Mil (As of Jun. 2024)

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What is China Merchants China Direct Investments Total Assets?

China Merchants China Direct Investments's Total Assets for the quarter that ended in Jun. 2024 was HK$5,918 Mil.

During the past 12 months, China Merchants China Direct Investments's average Total Assets Growth Rate was -4.20% per year. During the past 3 years, the average Total Assets Growth Rate was -8.90% per year. During the past 5 years, the average Total Assets Growth Rate was 0.70% per year. During the past 10 years, the average Total Assets Growth Rate was 2.40% per year.

During the past 13 years, China Merchants China Direct Investments's highest 3-Year average Total Assets Growth Rate was 80.00%. The lowest was -29.50%. And the median was 4.30%.

Total Assets is connected with ROA %. China Merchants China Direct Investments's annualized ROA % for the quarter that ended in Jun. 2024 was 16.42%. Total Assets is also linked to Revenue through Asset Turnover. China Merchants China Direct Investments's Asset Turnover for the quarter that ended in Jun. 2024 was 0.11.

China Merchants China Direct Investments Total Assets Historical Data

The historical data trend for China Merchants China Direct Investments'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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China Merchants China Direct Investments Total Assets Chart

China Merchants China Direct Investments Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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7,532.04

7,937.47

5,571.38

5,404.85

6,271.53

China Merchants China Direct Investments Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															5,571.38	5,984.37	5,404.85	5,917.66	6,271.53

China Merchants China Direct Investments 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.

China Merchants China Direct Investments's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	4357.4	+	1047.45
	=	5,405

China Merchants China Direct Investments's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	4704.455	+	1213.205
	=	5,918

China Merchants China Direct Investments (HKSE:00133) Total Assets Explanation

Total Assets is connected with ROA %.

China Merchants China Direct Investments's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	929.436	/	( (5404.85	+	5917.66)	/ 2 )
	=	929.436	/	5661.255
	=	16.42 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) 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.

China Merchants China Direct Investments's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	607.649	/	( (5404.85	+	5917.66)	/ 2 )
=	607.649	/	5661.255
=	0.11

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.

China Merchants China Direct Investments Total Assets Related Terms

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China Merchants China Direct Investments Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » China Merchants China Direct Investments Ltd (HKSE:00133) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Queen’s Road East, 1609, Three Pacific Place, Hong Kong, HKG

Website

https://www.cmcdi.com.hk

China Merchants China Direct Investments Ltd is an investment holding company. The sources of income of the group arising in the course of the ordinary activities which are the revenue of the Group are net gain (loss) on financial assets at fair value through profit or loss and investment income. The segments of the group are Financial services; Culture, media and consumption and Information technology. Its prime revenue-generating segment is the Information technology segment which covers the investees engaged in information technology activities.

Executives

Lazard Asset Management Llc	2102 Investment manager
Asm Connaught House General Partner V Limited	2102 Investment manager
Asm Connaught House (master) Fund V Lp	2201 Interest of corporation controlled by you
Asmh (cayman) Limited	2102 Investment manager
Chan Kin	2201 Interest of corporation controlled by you
Argyle Street Management Limited	2102 Investment manager
Argyle Street Management Holdings Limited	2201 Interest of corporation controlled by you
Cantonment Road Limited	2201 Interest of corporation controlled by you
Cochrane Street Limited	2201 Interest of corporation controlled by you
Loyang Street Limited	2101 Beneficial owner
Meyer Road Limited	2201 Interest of corporation controlled by you
Asm Connaught House (master) Fund Iii Lp	2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited	2102 Investment manager
Zhao Shang Ju Lun Chuan You Xian Gong Si	2201 Interest of corporation controlled by you
Zhao Rong Tou Zi Kong Gu Xiang Gang You Xian Gong Si	2201 Interest of corporation controlled by you

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