King Stone Energy Group (HKSE:00663) Total Assets : HK$517.8 Mil (As of Jun. 2023)

View and export this data going back to 1990. Start your Free Trial

What is King Stone Energy Group Total Assets?

King Stone Energy Group's Total Assets for the quarter that ended in Jun. 2023 was HK$517.8 Mil.

During the past 12 months, King Stone Energy Group's average Total Assets Growth Rate was -4.90% per year. During the past 3 years, the average Total Assets Growth Rate was -3.60% per year. During the past 5 years, the average Total Assets Growth Rate was -7.20% per year. During the past 10 years, the average Total Assets Growth Rate was -20.00% per year.

During the past 13 years, King Stone Energy Group's highest 3-Year average Total Assets Growth Rate was 283.40%. The lowest was -46.80%. And the median was -6.30%.

Total Assets is connected with ROA %. King Stone Energy Group's annualized ROA % for the quarter that ended in Jun. 2023 was -10.20%. Total Assets is also linked to Revenue through Asset Turnover. King Stone Energy Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.11.

King Stone Energy Group Total Assets Historical Data

The historical data trend for King Stone Energy Group'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.

King Stone Energy Group Total Assets Chart

King Stone Energy Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

Get a 7-Day Free Trial

754.65

641.49

465.76

473.09

541.64

King Stone Energy Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															499.63	473.09	558.05	541.64	517.80

King Stone Energy Group 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 Stone Energy Group's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	355.442	+	186.198
	=	541.6

King Stone Energy Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	320.242	+	197.557
	=	517.8

King Stone Energy Group (HKSE:00663) Total Assets Explanation

Total Assets is connected with ROA %.

King Stone Energy Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-54.024	/	( (541.64	+	517.799)	/ 2 )
	=	-54.024	/	529.7195
	=	-10.20 %

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

King Stone Energy Group's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	59.823	/	( (541.64	+	517.799)	/ 2 )
=	59.823	/	529.7195
=	0.11

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 Stone Energy Group Total Assets Related Terms

Thank you for viewing the detailed overview of King Stone Energy Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

King Stone Energy Group (HKSE:00663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » King Stone Energy Group Ltd (HKSE:00663) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

138 Queen’s Road Central, 17th Floor, V Heun Building, Central, Hong Kong, HKG

Website

https://www.663hk.com

King Stone Energy Group Ltd is an Investment Holding company. The company operates through seven segments namely silver mining, Oil and gas, Asset financing, Photovoltaic, Trading, and Tourism. It operates in Mainland China and the United States. The company's majorityt of the revenue comes from Mainland China.

Executives

Sky Lucky Limited	2201 Interest of corporation controlled by you
Zhao Xu	2201 Interest of corporation controlled by you
Belton Light Limited	2101 Beneficial owner
Jade Bird Energy Fund Ii, L.p.	2201 Interest of corporation controlled by you
Goldsino Investments Limited	2101 Beneficial owner
Team Collection Limited	2201 Interest of corporation controlled by you
Xu Mengran	2201 Interest of corporation controlled by you

King Stone Energy Group (HKSE:00663) Headlines

No Headlines