FSE Lifestyle Services's Total Assets for the quarter that ended in Dec. 2023 was HK$3,860 Mil.
During the past 12 months, FSE Lifestyle Services's average Total Assets Growth Rate was 15.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 4.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 7.40% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.10% per year.
During the past 11 years, FSE Lifestyle Services's highest 3-Year average Total Assets Growth Rate was 31.60%. The lowest was 0.70%. And the median was 10.95%.
* 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.
FSE Lifestyle Services's Total Assets for the fiscal year that ended in Jun. 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.
FSE Lifestyle Services (HKSE:00331) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Dec. 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.
FSE Lifestyle Services's Asset Turnover for the quarter that ended in Dec. 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.
FSE Lifestyle Services Total Assets Related Terms
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FSE Lifestyle Services (HKSE:00331) Business Description
FSE Lifestyle Services Ltd is an investment holding company. It operates in three segments: property and facility management services, E&M services and city essential services. The company along with its subsidiaries is principally engaged in the provision of property and facility management services, property agency and related services for buildings, car park management services, cleaning and management of waste disposal services, recycling, and environmental disposal services, security guarding and event services, insurance solutions services, and others. The company earns majority of its revenue from City essential services.
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