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AVIC Joy Holdings (HK) (HKSE:00260) Total Assets : HK$685.58 Mil (As of Jun. 2022)


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What is AVIC Joy Holdings (HK) Total Assets?

AVIC Joy Holdings (HK)'s Total Assets for the quarter that ended in Jun. 2022 was HK$685.58 Mil.

Total Assets is connected with ROA %. AVIC Joy Holdings (HK)'s annualized ROA % for the quarter that ended in Jun. 2022 was -4.98%. Total Assets is also linked to Revenue through Asset Turnover. AVIC Joy Holdings (HK)'s Asset Turnover for the quarter that ended in Jun. 2022 was 0.00.


AVIC Joy Holdings (HK) Total Assets Historical Data

The historical data trend for AVIC Joy Holdings (HK)'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.

AVIC Joy Holdings (HK) Total Assets Chart

AVIC Joy Holdings (HK) Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,058.10 3,088.67 2,526.12 703.98 698.87

AVIC Joy Holdings (HK) Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 808.94 703.98 690.13 698.87 685.58

AVIC Joy Holdings (HK) 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.

AVIC Joy Holdings (HK)'s Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=-611.347+1310.216
=698.87

AVIC Joy Holdings (HK)'s Total Assets for the quarter that ended in Jun. 2022 is calculated as

Total Assets=Total Equity (Q: Jun. 2022 )+Total Liabilities (Q: Jun. 2022 )
=-640.592+1326.175
=685.58

* 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.


AVIC Joy Holdings (HK)  (HKSE:00260) Total Assets Explanation

Total Assets is connected with ROA %.

AVIC Joy Holdings (HK)'s annualized ROA % for the quarter that ended in Jun. 2022 is

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=-34.502/( (698.869+685.583)/ 2 )
=-34.502/692.226
=-4.98 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) 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.

AVIC Joy Holdings (HK)'s Asset Turnover for the quarter that ended in Jun. 2022 is

Asset Turnover
=Revenue (Q: Jun. 2022 )/( (Total Assets (Q: Dec. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=1.708/( (698.869+685.583)/ 2 )
=1.708/692.226
=0.00

* 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.

AVIC Joy Holdings (HK) Total Assets Related Terms

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AVIC Joy Holdings (HK) (HKSE:00260) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit 1905A, Level 19, International Commerce Centre, Kowloon, HKG
AVIC Joy Holdings (HK) Ltd is an investment holding company. The company's operating segment includes Management and operation of Light Emitting Diode and Energy Management Contracts; Provision of finance lease and loan services and properties investment; and Provision of land development services and sale of construction materials.

AVIC Joy Holdings (HK) (HKSE:00260) Headlines

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