Sino Oil and Gas Holdings (HKSE:00702) Total Assets: HK$3,581.9 Mil (As of Jun. 2024)

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HKSE:00702 Sino Oil and Gas Holdings Ltd HKSE:00702
4 GF Score
Price HK$0.03
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What is Sino Oil and Gas Holdings Total Assets?

Sino Oil and Gas Holdings HKSE:00702 4 Total Assets is HK$3,581.9 Mil as of Jun. 2024. GuruFocus rates HKSE:00702 with a GF Score™ of 4/100.

Sino Oil and Gas Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$3,581.9 Mil.

Total Assets is connected with ROA %. Sino Oil and Gas Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -2.59%. Total Assets is also linked to Revenue through Asset Turnover. Sino Oil and Gas Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.


Sino Oil and Gas Holdings  (HKSE:00702) Total Assets Explanation

Total Assets is connected with ROA %.

Sino Oil and Gas Holdings'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 )
=-94.764/( (3731.764+3581.919)/ 2 )
=-94.764/3656.8415
=-2.59 %

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.

Sino Oil and Gas Holdings'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 )
=201.672/( (3731.764+3581.919)/ 2 )
=201.672/3656.8415
=0.06

* 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.

Sino Oil and Gas Holdings Total Assets Related Terms


Sino Oil and Gas Holdings Total Assets Historical Data

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The historical data trend for Sino Oil and Gas 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.

Sino Oil and Gas Holdings Total Assets Chart

Sino Oil and Gas 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 4,976.56 5,631.13 5,171.76 4,641.04 3,731.76

Sino Oil and Gas Holdings 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 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 4,977.34 4,641.04 4,444.38 3,731.76 3,581.92
HKSE:00702
4GF Score
Sino Oil and Gas Holdings Ltd HKSE:00702
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Sino Oil and Gas 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.

Sino Oil and Gas 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 )
=-169.355+3901.119
=3,731.8

Sino Oil and Gas Holdings'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 )
=-308.894+3890.813
=3,581.9

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of HK$3,581.9 Mil mean?
Sino Oil and Gas Holdings (HKSE:00702) has a Total Assets of HK$3,581.9 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Sino Oil and Gas Holdings and its competitors.
Is Sino Oil and Gas Holdings' Total Assets too high?
Sino Oil and Gas Holdings' current Total Assets is HK$3,581.9 Mil. Overall, Sino Oil and Gas Holdings has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Sino Oil and Gas Holdings' Total Assets compare to competitors?
Sino Oil and Gas Holdings' Total Assets of HK$3,581.9 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Other Energy Sources company?
A good Total Assets depends on the Other Energy Sources industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Sino Oil and Gas Holdings and its competitors. Sino Oil and Gas Holdings's current Total Assets is HK$3,581.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sino Oil and Gas Holdings stock overvalued right now?
Sino Oil and Gas Holdings (HKSE:00702) has a current Total Assets of HK$3,581.9 Mil. The current Total Assets is HK$3,581.9 Mil. Sino Oil and Gas Holdings' overall GF Score™ is 4/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Sino Oil and Gas Holdings (HKSE:00702), the current Total Assets is HK$3,581.9 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sino Oil and Gas Holdings Business Description

Address 188 Connaught Road West, Room 3710, 37th Floor, Hong Kong Plaza, Hong Kong, HKG
Sino Oil and Gas Holdings Ltd is an investment holding company. It operates in four segments, namely Coalbed methane, which includes exploration, development, and production of coalbed methane; Raw & cleaned coal, which consists of raw coal washing and sale of raw and cleaned coal; Oil and gas exploitation segment is into exploitation and sale of crude oil and natural gas; and Financial Services. The group generates the majority of its revenues from the Coalbed methane segment. It geographically earns revenues from the People's Republic of China.
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HK$0.03
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