Pico Far East Holdings's Total Assets for the quarter that ended in Oct. 2023 was HK$5,061 Mil.
During the past 12 months, Pico Far East Holdings's average Total Assets Growth Rate was 4.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 2.70% 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 6.50% per year.
During the past 13 years, Pico Far East Holdings's highest 3-Year average Total Assets Growth Rate was 13.70%. The lowest was -6.00%. And the median was 8.50%.
* 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.
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.
Pico Far East Holdings's Total Assets for the fiscal year that ended in Oct. 2023 is calculated as
* 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.
Pico Far East Holdings (HKSE:00752) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Oct. 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.
Pico Far East Holdings's Asset Turnover for the quarter that ended in Oct. 2023 is
* 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.
Pico Far East Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Pico Far East Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Pico Far East Holdings (HKSE:00752) Business Description
Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00752 has been successfully added to your 