Tern Properties Co (HKSE:00277) Total Assets : HK$2,628.85 Mil (As of Sep. 2024)

View and export this data going back to 1989. Start your Free Trial

What is Tern Properties Co Total Assets?

Tern Properties Co's Total Assets for the quarter that ended in Sep. 2024 was HK$2,628.85 Mil.

During the past 12 months, Tern Properties Co's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was -8.10% per year. During the past 5 years, the average Total Assets Growth Rate was -9.30% per year. During the past 10 years, the average Total Assets Growth Rate was -4.80% per year.

During the past 13 years, Tern Properties Co's highest 3-Year average Total Assets Growth Rate was 33.10%. The lowest was -12.20%. And the median was 6.40%.

Total Assets is connected with ROA %. Tern Properties Co's annualized ROA % for the quarter that ended in Sep. 2024 was -4.20%. Total Assets is also linked to Revenue through Asset Turnover. Tern Properties Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.

Tern Properties Co Total Assets Historical Data

The historical data trend for Tern Properties Co'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.

Tern Properties Co Total Assets Chart

Tern Properties Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

3,330.09

3,190.31

2,836.39

2,753.61

2,683.20

Tern Properties Co Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															2,774.52	2,753.61	2,702.58	2,683.20	2,628.85

Tern Properties Co 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.

Tern Properties Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	2575.107	+	108.091
	=	2,683.20

Tern Properties Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	2521.159	+	107.692
	=	2,628.85

Tern Properties Co (HKSE:00277) Total Assets Explanation

Total Assets is connected with ROA %.

Tern Properties Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-111.516	/	( (2683.198	+	2628.851)	/ 2 )
	=	-111.516	/	2656.0245
	=	-4.20 %

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

Tern Properties Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	26.418	/	( (2683.198	+	2628.851)	/ 2 )
=	26.418	/	2656.0245
=	0.01

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.

Tern Properties Co Total Assets Related Terms

Thank you for viewing the detailed overview of Tern Properties Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tern Properties Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Tern Properties Co Ltd (HKSE:00277) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

237 Queen's Road Central, 26th Floor, Tern Centre, Tower I, Hong Kong, HKG

Website

https://www.tern.com.hk

Tern Properties Co Ltd is a Hong Kong-based company involved in the Property investment business where the company buys, sells, and leases properties as well as in the Treasury investment business where the company is engaged in investing in debt and equity securities. Geographically, the group principally operates in Hong Kong. The company generates key income from the Property investment business.

Executives

Chan Hoi Sow	2305 Beneficiary of a trust
Chan Loo Kuo Pin	2202 Interest of your spouse
Chan Yan Tin Andrew	2305 Beneficiary of a trust
Chan Yan Lam Alan	2305 Beneficiary of a trust
Chan Yan Wai Emily	2305 Beneficiary of a trust
Global Heritage Group Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Beyers Investments Limited	2201 Interest of corporation controlled by you
Noranger Company Limited	2101 Beneficial owner
Chan Yan Mei Mary-ellen
Credit Suisse Trust Limited	2301 Trustee
Smartprint Development Limited
Evergrade Investments Limited
Builtwin Ltd.	2101 Beneficial owner
Hon Nicholas	2201 Interest of corporation controlled by you

Tern Properties Co Headlines

No Headlines