Asia Orient Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$40,503 Mil.
Warning Sign:
If a company builds assets at 7.8% a year, faster than its revenue growth rate of 4% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Asia Orient Holdings's average Total Assets Growth Rate was 5.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 8.60% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.50% per year.
During the past 13 years, Asia Orient Holdings's highest 3-Year average Total Assets Growth Rate was 97.70%. The lowest was -42.00%. And the median was 7.40%.
The historical data trend for Asia Orient Holdings'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.
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.
Asia Orient Holdings's Total Assets for the fiscal year that ended in Mar. 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.
Asia Orient Holdings (HKSE:00214) Total Assets Explanation
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.
Asia Orient Holdings's Asset Turnover for the quarter that ended in Sep. 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.
Asia Orient Holdings Total Assets Related Terms
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Asia Orient Holdings (HKSE:00214) Business Description
Asia Orient Holdings Ltd is an investment holding company. The company operates through segments which are, Property Sales, Property Leasing, Hotel, and Travel, as well as Financial Investment and Others. The company generates maximum revenue from the Financial Investment segment.
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