AMCO United Holding (HKSE:00630) Total Assets : HK$133.53 Mil (As of Jun. 2024)

View and export this data going back to 1996. Start your Free Trial

What is AMCO United Holding Total Assets?

AMCO United Holding's Total Assets for the quarter that ended in Jun. 2024 was HK$133.53 Mil.

During the past 12 months, AMCO United Holding's average Total Assets Growth Rate was -18.80% per year. During the past 3 years, the average Total Assets Growth Rate was -14.50% per year. During the past 5 years, the average Total Assets Growth Rate was -9.40% per year. During the past 10 years, the average Total Assets Growth Rate was 14.20% per year.

During the past 13 years, AMCO United Holding's highest 3-Year average Total Assets Growth Rate was 105.00%. The lowest was -49.40%. And the median was -7.10%.

Total Assets is connected with ROA %. AMCO United Holding's annualized ROA % for the quarter that ended in Jun. 2024 was -33.65%. Total Assets is also linked to Revenue through Asset Turnover. AMCO United Holding's Asset Turnover for the quarter that ended in Jun. 2024 was 0.15.

AMCO United Holding Total Assets Historical Data

The historical data trend for AMCO United Holding'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.

AMCO United Holding Total Assets Chart

AMCO United Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

192.82

212.76

184.78

172.84

168.72

AMCO United Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															174.44	172.84	162.27	168.72	133.53

AMCO United Holding 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.

AMCO United Holding'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 )
	=	61.361	+	107.357
	=	168.72

AMCO United Holding's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	35.932	+	97.598
	=	133.53

AMCO United Holding (HKSE:00630) Total Assets Explanation

Total Assets is connected with ROA %.

AMCO United Holding's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-50.858	/	( (168.718	+	133.53)	/ 2 )
	=	-50.858	/	151.124
	=	-33.65 %

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

AMCO United Holding's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	22.007	/	( (168.718	+	133.53)	/ 2 )
=	22.007	/	151.124
=	0.15

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.

AMCO United Holding Total Assets Related Terms

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

AMCO United Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » AMCO United Holding Ltd (HKSE:00630) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Queen’s Road Central, Unit 1104, Crawford House, Central, Hong Kong, HKG

Website

http://www.amco-united.com

AMCO United Holding Ltd is a Hong Kong-based investment holding company. The firm, through its subsidiaries, is principally engaged in the manufacture and sale of medical devices products; manufacture and sale of plastic moulding products; provision of construction services in building construction, building maintenance, and improvement work, project management, renovation, and decoration works; provision of money lending; and investment in securities. Its geographical segments are Asia Pacific, Europe, and North & South America, of which the majority of its revenue comes from Hong Kong.

Executives

Gong Hongwei	2101 Beneficial owner
Ireach Capital Fund	2102 Investment manager

AMCO United Holding Headlines

No Headlines