Travel Expert (Asia) Enterprises (HKSE:01235) Total Assets : HK$183.4 Mil (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Travel Expert (Asia) Enterprises Total Assets?

Travel Expert (Asia) Enterprises's Total Assets for the quarter that ended in Sep. 2024 was HK$183.4 Mil.

During the past 12 months, Travel Expert (Asia) Enterprises's average Total Assets Growth Rate was 40.60% per year. During the past 3 years, the average Total Assets Growth Rate was 28.70% per year. During the past 5 years, the average Total Assets Growth Rate was -26.30% per year. During the past 10 years, the average Total Assets Growth Rate was -21.10% per year.

During the past 13 years, Travel Expert (Asia) Enterprises's highest 3-Year average Total Assets Growth Rate was 55.10%. The lowest was -54.10%. And the median was -5.80%.

Total Assets is connected with ROA %. Travel Expert (Asia) Enterprises's annualized ROA % for the quarter that ended in Sep. 2024 was 2.95%. Total Assets is also linked to Revenue through Asset Turnover. Travel Expert (Asia) Enterprises's Asset Turnover for the quarter that ended in Sep. 2024 was 0.68.

Travel Expert (Asia) Enterprises Total Assets Historical Data

The historical data trend for Travel Expert (Asia) Enterprises'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.

Travel Expert (Asia) Enterprises Total Assets Chart

Travel Expert (Asia) Enterprises Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

Get a 7-Day Free Trial

198.93

112.62

89.99

105.36

153.23

Travel Expert (Asia) Enterprises 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															92.10	105.36	141.56	153.23	183.35

Travel Expert (Asia) Enterprises 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.

Travel Expert (Asia) Enterprises'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 )
	=	68.761	+	84.464
	=	153.2

Travel Expert (Asia) Enterprises'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 )
	=	64.194	+	119.158
	=	183.4

Travel Expert (Asia) Enterprises (HKSE:01235) Total Assets Explanation

Total Assets is connected with ROA %.

Travel Expert (Asia) Enterprises'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 )
	=	4.962	/	( (153.225	+	183.352)	/ 2 )
	=	4.962	/	168.2885
	=	2.95 %

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.

Travel Expert (Asia) Enterprises'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 )
=	114.49	/	( (153.225	+	183.352)	/ 2 )
=	114.49	/	168.2885
=	0.68

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.

Travel Expert (Asia) Enterprises Total Assets Related Terms

Thank you for viewing the detailed overview of Travel Expert (Asia) Enterprises's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Travel Expert (Asia) Enterprises Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Travel Expert (Asia) Enterprises Ltd (HKSE:01235) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.160 Gloucester Road, 5th Floor, Overseas Trust Bank Building, Wanchai, Hong Kong, HKG

Website

https://www.tegroup.com.hk

Travel Expert (Asia) Enterprises Ltd is an investment holding company. It is engaged in the provision of services relating to sales of travel/wedding-related products, sale of package tours, food and beverage and investment in treasury activities. It derives majority of its revenue from the Sales of package tours. Geographically it operates from Hong Kong and The PRC.

Executives

Cheng Hang Fan	2202 Interest of your spouse
Ko Wai Ming Daniel	2101 Beneficial owner

Travel Expert (Asia) Enterprises Headlines

No Headlines