King Fook Holdings (HKSE:00280) Total Assets : HK$917.3 Mil (As of Mar. 2024)

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What is King Fook Holdings Total Assets?

King Fook Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$917.3 Mil.

During the past 12 months, King Fook Holdings's average Total Assets Growth Rate was 2.20% per year. During the past 3 years, the average Total Assets Growth Rate was -2.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.40% per year. During the past 10 years, the average Total Assets Growth Rate was -6.40% per year.

During the past 13 years, King Fook Holdings's highest 3-Year average Total Assets Growth Rate was 10.90%. The lowest was -14.50%. And the median was -3.00%.

Total Assets is connected with ROA %. King Fook Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 8.78%. Total Assets is also linked to Revenue through Asset Turnover. King Fook Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.44.

King Fook Holdings Total Assets Historical Data

The historical data trend for King Fook 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.

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King Fook Holdings Total Assets Chart

King Fook Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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818.80

821.41

863.29

854.18

917.32

King Fook Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Total Assets	Get a 7-Day Free Trial															863.29	870.36	854.18	971.27	917.32

King Fook Holdings 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.

King Fook Holdings'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 )
	=	755.284	+	162.032
	=	917.3

King Fook Holdings's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	755.284	+	162.032
	=	917.3

King Fook Holdings (HKSE:00280) Total Assets Explanation

Total Assets is connected with ROA %.

King Fook Holdings's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	82.94	/	( (971.271	+	917.316)	/ 2 )
	=	82.94	/	944.2935
	=	8.78 %

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

King Fook Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	411.66	/	( (971.271	+	917.316)	/ 2 )
=	411.66	/	944.2935
=	0.44

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.

King Fook Holdings Total Assets Related Terms

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King Fook Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » King Fook Holdings Ltd (HKSE:00280) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

30-32 Des Voeux Road Central, 9th Floor, King Fook Building, Hong Kong, HKG

Website

https://www.kingfook.com

King Fook Holdings Ltd is a Hong Kong-based investment holding company. It is engaged in Gold ornament, jewelry, watch and gift retailing, Bullion trading, and Diamond wholesaling activity. The majority of the revenue is generated from the retail of Gold ornaments, jewelry, watch, and gift. The Group has only one single reportable segment, which is retailing, bullion trading, and diamond wholesaling. Principally the group operates in Hong Kong.

Executives

Yeung Chi Shing Estates Limited

2101 Beneficial owner

King Fook Holdings Headlines

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