GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Huafa Property Services Group Co Ltd (HKSE:00982) » Definitions » Total Assets

Huafa Property Services Group Co (HKSE:00982) Total Assets : HK$1,141 Mil (As of Jun. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Huafa Property Services Group Co Total Assets?

Huafa Property Services Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$1,141 Mil.

During the past 12 months, Huafa Property Services Group Co's average Total Assets Growth Rate was -7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 25.80% per year. During the past 5 years, the average Total Assets Growth Rate was 17.80% per year. During the past 10 years, the average Total Assets Growth Rate was 22.50% per year.

During the past 13 years, Huafa Property Services Group Co's highest 3-Year average Total Assets Growth Rate was 58.50%. The lowest was -17.80%. And the median was 17.50%.

Total Assets is connected with ROA %. Huafa Property Services Group Co's annualized ROA % for the quarter that ended in Jun. 2024 was 22.72%. Total Assets is also linked to Revenue through Asset Turnover. Huafa Property Services Group Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.95.


Huafa Property Services Group Co Total Assets Historical Data

The historical data trend for Huafa Property Services Group Co'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.

* Premium members only.

Huafa Property Services Group Co Total Assets Chart

Huafa Property Services Group Co 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 639.15 1,028.45 1,053.41 1,105.13 1,145.37

Huafa Property Services Group Co 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 924.40 1,105.13 1,562.09 1,145.37 1,141.01

Huafa Property Services Group Co 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.

Huafa Property Services Group Co'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 )
=271.252+874.122
=1,145

Huafa Property Services Group Co'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 )
=397.219+743.789
=1,141

* 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.


Huafa Property Services Group Co  (HKSE:00982) Total Assets Explanation

Total Assets is connected with ROA %.

Huafa Property Services Group Co'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 )
=259.722/( (1145.374+1141.008)/ 2 )
=259.722/1143.191
=22.72 %

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.

Huafa Property Services Group Co'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 )
=1087.33/( (1145.374+1141.008)/ 2 )
=1087.33/1143.191
=0.95

* 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.

Huafa Property Services Group Co Total Assets Related Terms

Thank you for viewing the detailed overview of Huafa Property Services Group Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Huafa Property Services Group Co Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Room 3605, 36/F, Cheung Kong Center, Central, Hong Kong, HKG
Huafa Property Services Group Co Ltd is an investment holding company and its subsidiaries are principally engaged in the provision of property management services, and hotel advisory and exhibition services in the PRC. Its operating segments of the group are Property management which involves the provision of property management services and related value-added services, including municipal supporting services and other services; and Hotel advisory and exhibition services which involves the provision of hotel advisory services, exhibition planning, and organization services. It derives prime revenue from the Property management segment. Geographically, the group derives revenue from Mainland China.
Executives
Zhu Hai Hua Fa Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Hua Fa Shi Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Idg Light Solutions Limited 2101 Beneficial owner
Ho Chi Sing 2201 Interest of corporation controlled by you
Ho Chi Sing 2201 Interest of corporation controlled by you

Huafa Property Services Group Co Headlines

No Headlines