Water Oasis Group's Total Assets for the quarter that ended in Sep. 2023 was HK$1,222.8 Mil.
Warning Sign:
If a company builds assets at 13.8% a year, faster than its revenue growth rate of 8.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Water Oasis Group's average Total Assets Growth Rate was -7.30% per year.
During the past 3 years, the average Total Assets Growth Rate was 7.00% per year.
During the past 5 years, the average Total Assets Growth Rate was 13.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 8.90% per year.
During the past 13 years, Water Oasis Group's highest 3-Year average Total Assets Growth Rate was 31.30%. The lowest was -2.90%. And the median was 9.70%.
The historical data trend for Water Oasis 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.
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.
Water Oasis Group's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as
* 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.
Water Oasis Group (HKSE:01161) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Sep. 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.
Water Oasis Group's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Water Oasis Group Total Assets Related Terms
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Water Oasis Group (HKSE:01161) Business Description
Water Oasis Group Ltd provides beauty and related wellness services. It provides general, specialist, and medical beauty services to high-end, mid-range, and mass-market consumer sectors for men and women. The firm operates through two business segments. The Product segment is mainly engaged in the retailing of skincare products under the brand names of h2o+, Erno Laszlo, and Glycel. The Services segment is engaged in the provision of services in beauty centers, spas, and medical beauty centers mainly under the brand names of Oasis Spa, Oasis Beauty, and Oasis Homme. It generates a majority of its revenue from the service segment. Geographically, the company generates a majority of its revenue from Hong Kong and Macau.
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