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Fortune Sun (China) Holdings (HKSE:00352) Total Assets : HK$28.42 Mil (As of Dec. 2023)


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What is Fortune Sun (China) Holdings Total Assets?

Fortune Sun (China) Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$28.42 Mil.

During the past 12 months, Fortune Sun (China) Holdings's average Total Assets Growth Rate was -36.70% per year. During the past 3 years, the average Total Assets Growth Rate was -21.80% per year. During the past 5 years, the average Total Assets Growth Rate was -2.20% per year. During the past 10 years, the average Total Assets Growth Rate was -7.80% per year.

During the past 13 years, Fortune Sun (China) Holdings's highest 3-Year average Total Assets Growth Rate was 1457.10%. The lowest was -23.40%. And the median was -10.45%.

Total Assets is connected with ROA %. Fortune Sun (China) Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -36.46%. Total Assets is also linked to Revenue through Asset Turnover. Fortune Sun (China) Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Fortune Sun (China) Holdings Total Assets Historical Data

The historical data trend for Fortune Sun (China) 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.

* Premium members only.

Fortune Sun (China) Holdings Total Assets Chart

Fortune Sun (China) Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.61 56.99 54.02 40.99 28.42

Fortune Sun (China) Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 54.02 43.82 40.99 35.60 28.42

Fortune Sun (China) 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.

Fortune Sun (China) Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=12.291+16.128
=28.42

Fortune Sun (China) Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=12.291+16.128
=28.42

* 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.

Fortune Sun (China) Holdings  (HKSE:00352) Total Assets Explanation

Total Assets is connected with ROA %.

Fortune Sun (China) Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-11.67/( (35.6+28.419)/ 2 )
=-11.67/32.0095
=-36.46 %

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.

Fortune Sun (China) Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=1.217/( (35.6+28.419)/ 2 )
=1.217/32.0095
=0.04

* 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.

Fortune Sun (China) Holdings Total Assets Related Terms

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Fortune Sun (China) Holdings (HKSE:00352) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortune Sun (China) Holdings Ltd (HKSE:00352) » Definitions » Total Assets
Comparable Companies
HKSE:02310 HKSE:00997 HKSE:09978 HKSE:00495 HKSE:00036 HKSE:08067 HKSE:01941 HKSE:08181 HKSE:00616 HKSE:03603 CSGP CBRE XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:QHOLDING OSTO:AKEL D HKSE:01972 MIL:INW
Traded in Other Exchanges
N/A
Address
No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122
Website
http://www.fortune-sun.com
Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.
Executives
Double Energy Limited 2101 Beneficial owner
Zhu Kai 2201 Interest of corporation controlled by you
Chang Hsiu Hua 2202 Interest of your spouse
Chiang Chen Feng 2201 Interest of corporation controlled by you
Active Star Investment Limited 2101 Beneficial owner
Lin Chien Ju 2101 Beneficial owner

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