China Finance Investment Holdings (HKSE:00875) Total Assets : HK$1,326 Mil (As of Dec. 2023)

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What is China Finance Investment Holdings Total Assets?

China Finance Investment Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,326 Mil.

During the past 12 months, China Finance Investment Holdings's average Total Assets Growth Rate was 17.30% per year. During the past 3 years, the average Total Assets Growth Rate was 19.20% per year. During the past 5 years, the average Total Assets Growth Rate was 24.50% per year. During the past 10 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 13 years, China Finance Investment Holdings's highest 3-Year average Total Assets Growth Rate was 586.20%. The lowest was -75.50%. And the median was 17.85%.

Total Assets is connected with ROA %. China Finance Investment Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 2.64%. Total Assets is also linked to Revenue through Asset Turnover. China Finance Investment Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.28.

China Finance Investment Holdings Total Assets Historical Data

The historical data trend for China Finance Investment 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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China Finance Investment Holdings Total Assets Chart

China Finance Investment Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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638.66

843.79

1,320.53

1,133.75

1,326.29

China Finance Investment 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															1,320.53	1,318.53	1,133.75	1,252.54	1,326.29

China Finance Investment 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.

China Finance Investment 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 )
	=	500.138	+	826.147
	=	1,326

China Finance Investment 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 )
	=	500.138	+	826.147
	=	1,326

China Finance Investment Holdings (HKSE:00875) Total Assets Explanation

Total Assets is connected with ROA %.

China Finance Investment 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 )
	=	34.006	/	( (1252.543	+	1326.285)	/ 2 )
	=	34.006	/	1289.414
	=	2.64 %

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.

China Finance Investment 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 )
=	360.187	/	( (1252.543	+	1326.285)	/ 2 )
=	360.187	/	1289.414
=	0.28

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.

China Finance Investment Holdings Total Assets Related Terms

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China Finance Investment Holdings (HKSE:00875) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » China Finance Investment Holdings Ltd (HKSE:00875) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Salisbury Road, Unit 32A, 15th Floor, Star House, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.cfih.hk

China Finance Investment Holdings Ltd is engaged in growing of agricultural produce, trading of agricultural and meat produce, poultry, seafood and prepared food in the PRC. The company has only one operating and reportable segment, being agricultural and meat business. The company earns majority of its revenue from the PRC.

Executives

Lin Yuhao	2101 Beneficial owner
Sino Richest Investment Holdings Limited
Hui Jia Investments Limited	2101 Beneficial owner
Chen Huifang	2201 Interest of corporation controlled by you

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