Wong's Kong King International (Holdings) (HKSE:00532) Total Assets : HK$3,153 Mil (As of Dec. 2023)

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What is Wong's Kong King International (Holdings) Total Assets?

Wong's Kong King International (Holdings)'s Total Assets for the quarter that ended in Dec. 2023 was HK$3,153 Mil.

During the past 12 months, Wong's Kong King International (Holdings)'s average Total Assets Growth Rate was -12.70% per year. During the past 3 years, the average Total Assets Growth Rate was -0.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.40% per year. During the past 10 years, the average Total Assets Growth Rate was 0.10% per year.

During the past 13 years, Wong's Kong King International (Holdings)'s highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -3.40%. And the median was 1.95%.

Total Assets is connected with ROA %. Wong's Kong King International (Holdings)'s annualized ROA % for the quarter that ended in Dec. 2023 was -4.84%. Total Assets is also linked to Revenue through Asset Turnover. Wong's Kong King International (Holdings)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.52.

Wong's Kong King International (Holdings) Total Assets Historical Data

The historical data trend for Wong's Kong King International (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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Wong's Kong King International (Holdings) Total Assets Chart

Wong's Kong King International (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,374.28

3,285.13

3,745.76

3,715.45

3,152.55

Wong's Kong King International (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															3,745.76	4,096.64	3,715.45	3,410.17	3,152.55

Wong's Kong King International (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.

Wong's Kong King International (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 )
	=	1673.051	+	1479.501
	=	3,153

Wong's Kong King International (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 )
	=	1673.051	+	1479.501
	=	3,153

Wong's Kong King International (Holdings) (HKSE:00532) Total Assets Explanation

Total Assets is connected with ROA %.

Wong's Kong King International (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 )
	=	-158.796	/	( (3410.173	+	3152.552)	/ 2 )
	=	-158.796	/	3281.3625
	=	-4.84 %

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.

Wong's Kong King International (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 )
=	1704.06	/	( (3410.173	+	3152.552)	/ 2 )
=	1704.06	/	3281.3625
=	0.52

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.

Wong's Kong King International (Holdings) Total Assets Related Terms

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Wong's Kong King International (Holdings) (HKSE:00532) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Wong's Kong King International (Holdings) Ltd (HKSE:00532) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Lam Chak Street, 17th Floor, Harbourside HQ, Kowloon Bay, Hong Kong, HKG

Website

http://www.wkkintl.com

Wong's Kong King International (Holdings) Ltd is an investment holding company. It operates in two segments Trading and Manufacturing. The trading segment is engaged in the trading and distribution of chemicals, materials, and equipment used in the manufacturing of printed circuit boards and electronic products. Its Manufacturing segment is engaged in the manufacturing of electrical and electronic products for original equipment manufacturers. The company derives the majority of its revenue from the Trading segment. Geographically, it generates maximum revenue from Hong Kong, Mainland China, and Taiwan and also has a presence in North America and Europe.

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