Pinestone Capital (HKSE:00804) Total Assets : HK$176.01 Mil (As of Dec. 2023)

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What is Pinestone Capital Total Assets?

Pinestone Capital's Total Assets for the quarter that ended in Dec. 2023 was HK$176.01 Mil.

During the past 12 months, Pinestone Capital's average Total Assets Growth Rate was 9.20% per year. During the past 3 years, the average Total Assets Growth Rate was -1.80% per year. During the past 5 years, the average Total Assets Growth Rate was -10.90% per year.

During the past 10 years, Pinestone Capital's highest 3-Year average Total Assets Growth Rate was 18.20%. The lowest was -15.60%. And the median was -1.80%.

Total Assets is connected with ROA %. Pinestone Capital's annualized ROA % for the quarter that ended in Dec. 2023 was -26.52%. Total Assets is also linked to Revenue through Asset Turnover. Pinestone Capital's Asset Turnover for the quarter that ended in Dec. 2023 was 0.05.

Pinestone Capital Total Assets Historical Data

The historical data trend for Pinestone Capital'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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Pinestone Capital Total Assets Chart

Pinestone Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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253.94

228.30

199.30

169.94

176.01

Pinestone Capital 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															199.30	199.69	169.94	196.92	176.01

Pinestone Capital 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.

Pinestone Capital'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 )
	=	170.038	+	5.976
	=	176.01

Pinestone Capital'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 )
	=	170.038	+	5.976
	=	176.01

Pinestone Capital (HKSE:00804) Total Assets Explanation

Total Assets is connected with ROA %.

Pinestone Capital'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 )
	=	-49.456	/	( (196.921	+	176.014)	/ 2 )
	=	-49.456	/	186.4675
	=	-26.52 %

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.

Pinestone Capital'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 )
=	10.088	/	( (196.921	+	176.014)	/ 2 )
=	10.088	/	186.4675
=	0.05

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.

Pinestone Capital Total Assets Related Terms

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Pinestone Capital (HKSE:00804) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Pinestone Capital Ltd (HKSE:00804) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 1807, 18th Floor, China Resources Building, Wan Chai, Hong Kong, HKG

Website

http://www.pinestone.com.hk

Pinestone Capital Ltd is an investment holding company registered in the Cayman Islands. It is principally engaged in providing bespoke services including security brokerage, securities-backed lending for individual and corporate purpose and placing and underwriting businesses. The company offers money lending services through its subsidiary Pinestone Capital Group Limited. It operates is business activities in Hong Kong and all of the revenue of the company is generated from Hong Kong itself. The company's revenue comprises of interest income from securities backed lending services, income from placing and underwriting services and commission income from securities brokerage services.

Executives

Ultimate Vantage Group Limited	2101 Beneficial owner
Hong Zhaohong	2201 Interest of corporation controlled by you
Hcc & Co Limited	2101 Beneficial owner
Woso Finance Limited	2106 Person having a security interest in shares
Wu Huimei	2201 Interest of corporation controlled by you
Cheung Yan Leung Henry	2201 Interest of corporation controlled by you
Liu Xuebin	2201 Interest of corporation controlled by you
Snail Capital Limited	2101 Beneficial owner
Cheung Jonathan	2201 Interest of corporation controlled by you
Fu Ying Guo Ji Fa Zhan You Xian Gong Si	2101 Beneficial owner
Fu Ying Guo Ji Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Fu Ying Guo Ji Tou Zi You Xian Gong Si	2201 Interest of corporation controlled by you

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