Greatime International Holdings (HKSE:00844) Total Assets : HK$678.1 Mil (As of Dec. 2023)

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What is Greatime International Holdings Total Assets?

Greatime International Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$678.1 Mil.

During the past 12 months, Greatime International Holdings's average Total Assets Growth Rate was 19.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.30% per year. During the past 5 years, the average Total Assets Growth Rate was -3.00% per year. During the past 10 years, the average Total Assets Growth Rate was -3.20% per year.

During the past 13 years, Greatime International Holdings's highest 3-Year average Total Assets Growth Rate was 17.10%. The lowest was -10.10%. And the median was -0.10%.

Total Assets is connected with ROA %. Greatime International Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 2.71%. Total Assets is also linked to Revenue through Asset Turnover. Greatime International Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.46.

Greatime International Holdings Total Assets Historical Data

The historical data trend for Greatime International 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.

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Greatime International Holdings Total Assets Chart

Greatime International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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510.46

565.41

585.07

565.17

678.07

Greatime International Holdings 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															585.07	580.11	565.17	603.25	678.07

Greatime International 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.

Greatime International 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 )
	=	308.979	+	369.092
	=	678.1

Greatime International Holdings'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 )
	=	308.979	+	369.092
	=	678.1

Greatime International Holdings (HKSE:00844) Total Assets Explanation

Total Assets is connected with ROA %.

Greatime International Holdings'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 )
	=	17.336	/	( (603.253	+	678.072)	/ 2 )
	=	17.336	/	640.6625
	=	2.71 %

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.

Greatime International Holdings'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 )
=	292.482	/	( (603.253	+	678.072)	/ 2 )
=	292.482	/	640.6625
=	0.46

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.

Greatime International Holdings Total Assets Related Terms

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Greatime International Holdings (HKSE:00844) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Greatime International Holdings Ltd (HKSE:00844) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 102 Renmin Dong Road, Shandong Province, Zhucheng, CHN

Website

http://www.greatimeintl.com

Greatime International Holdings Ltd is a Hong Kong-based investment holding company principally engaged in the manufacture and sales of innerwear and fabrics. The company's operating segment includes Innerwear Products segment and Knitted Fabrics segment. Innerwear Products segment is engaged in the manufacturing and sale of and provision of processing services on innerwear and garments. Its products include underwear and underpants for men and women and bibs for infants, among others. Knitted Fabrics segment is engaged in the manufacturing and sale of and provision of processing services on knitted fabrics. The company operates businesses in Japan, the People's Republic of China, United States, Africa, Italy, Myanmar, and Hong Kong.

Executives

Wang Guangxi
Nan Jing Yong Tai Qi Ye Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Yong Tai Ke Ji Tou Zi You Xian Gong Si
Yong Tai Ji Tuan You Xian Gong Si Yong Tai Kong Gu Ji Tuan You Xian Gong Si
Junfun Investment Limited	2101 Beneficial owner
Guo Tianshu
Joint Full International Limited

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