Goldstone Capital Group (HKSE:01160) Total Assets : HK$15.72 Mil (As of Sep. 2024)

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What is Goldstone Capital Group Total Assets?

Goldstone Capital Group's Total Assets for the quarter that ended in Sep. 2024 was HK$15.72 Mil.

During the past 12 months, Goldstone Capital Group's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 13.30% per year. During the past 5 years, the average Total Assets Growth Rate was 6.90% per year. During the past 10 years, the average Total Assets Growth Rate was -38.40% per year.

During the past 13 years, Goldstone Capital Group's highest 3-Year average Total Assets Growth Rate was 27.40%. The lowest was -72.70%. And the median was -4.90%.

Total Assets is connected with ROA %. Goldstone Capital Group's annualized ROA % for the quarter that ended in Sep. 2024 was -35.74%. Total Assets is also linked to Revenue through Asset Turnover. Goldstone Capital Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Goldstone Capital Group Total Assets Historical Data

The historical data trend for Goldstone Capital Group'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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Goldstone Capital Group Total Assets Chart

Goldstone Capital Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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6.64

2.30

40.55

29.59

18.84

Goldstone Capital Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															33.79	29.59	22.53	18.84	15.72

Goldstone Capital Group 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.

Goldstone Capital Group's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	12.898	+	5.943
	=	18.84

Goldstone Capital Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	9.81	+	5.906
	=	15.72

Goldstone Capital Group (HKSE:01160) Total Assets Explanation

Total Assets is connected with ROA %.

Goldstone Capital Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-6.176	/	( (18.841	+	15.716)	/ 2 )
	=	-6.176	/	17.2785
	=	-35.74 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Goldstone Capital Group's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	0	/	( (18.841	+	15.716)	/ 2 )
=	0	/	17.2785
=	0.00

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.

Goldstone Capital Group Total Assets Related Terms

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Goldstone Capital Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Goldstone Capital Group Ltd (HKSE:01160) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Harcourt Road, Room 1801A, 18th Floor, Bank of America Tower, Admiralty, Hong Kong, HKG

Website

http://www.grandinv.com

Goldstone Capital Group Ltd is an investment holding company. The company is principally engaged in investing in listed and unlisted enterprises established in Hong Kong, the People's Republic of China, and other regions with the potential for earnings growth and capital appreciation. It generates revenue from Dividend income and Interest income.

Executives

Luo Yan
Sunwah Tungfang Limited
Dt Capital Limited	2101 Beneficial owner
Gold Pond International Limited	2101 Beneficial owner
Huang Bin	2201 Interest of corporation controlled by you
Radiant Goldstone Holdings Limited	2201 Interest of corporation controlled by you

Goldstone Capital Group Headlines

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