Midland Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$5,052 Mil.
During the past 12 months, Midland Holdings's average Total Assets Growth Rate was 22.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -9.40% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 7.40% per year.
During the past 13 years, Midland Holdings's highest 3-Year average Total Assets Growth Rate was 81.70%. The lowest was -19.80%. And the median was 9.90%.
The historical data trend for Midland 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.
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.
Midland Holdings's Total Assets for the fiscal year that ended in Dec. 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.
Midland Holdings (HKSE:01200) Total Assets Explanation
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.
Midland Holdings's Asset Turnover for the quarter that ended in Jun. 2024 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.
Midland Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Midland Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Midland Holdings Ltd is an investment holding company principally engaged in the provision of property agency services for residential, commercial, and industrial properties and shops. The company is also engaged in the leasing of property, the operation of an Internet Website, and the provision of immigration consultancy services, administration, and treasury services to group companies, as well as professional surveying consultancy and valuation services in Hong Kong through its subsidiaries. It generates the majority of its revenue from the Residential properties segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01200 has been successfully added to your 