Star Shine Holdings Group (HKSE:01440) Total Assets : HK$476.6 Mil (As of Jun. 2024)

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What is Star Shine Holdings Group Total Assets?

Star Shine Holdings Group's Total Assets for the quarter that ended in Jun. 2024 was HK$476.6 Mil.

During the past 12 months, Star Shine Holdings Group's average Total Assets Growth Rate was 40.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -0.10% per year.

During the past 7 years, Star Shine Holdings Group's highest 3-Year average Total Assets Growth Rate was 2.60%. The lowest was -5.10%. And the median was 0.55%.

Total Assets is connected with ROA %. Star Shine Holdings Group's annualized ROA % for the quarter that ended in Jun. 2024 was -0.40%. Total Assets is also linked to Revenue through Asset Turnover. Star Shine Holdings Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.58.

Star Shine Holdings Group Total Assets Historical Data

The historical data trend for Star Shine Holdings 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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Star Shine Holdings Group Total Assets Chart

Star Shine Holdings Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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260.85

355.65

465.56

396.37

538.33

Star Shine Holdings Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								447.35	396.37	388.47	538.33	476.56

Star Shine Holdings 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.

Star Shine Holdings Group'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 )
	=	345.507	+	192.823
	=	538.3

Star Shine Holdings Group'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 )
	=	338.859	+	137.695
	=	476.6

Star Shine Holdings Group (HKSE:01440) Total Assets Explanation

Total Assets is connected with ROA %.

Star Shine Holdings Group'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 )
	=	-2.042	/	( (538.331	+	476.555)	/ 2 )
	=	-2.042	/	507.443
	=	-0.40 %

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.

Star Shine Holdings Group'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 )
=	294.324	/	( (538.331	+	476.555)	/ 2 )
=	294.324	/	507.443
=	0.58

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.

Star Shine Holdings Group Total Assets Related Terms

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Star Shine Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Star Shine Holdings Group Ltd (HKSE:01440) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3888, Chigang Hanxin Road, Jiangkou Town, Hanjiang District, Fujian, Putian, CHN

Website

http://www.ds-lace.com

Star Shine Holdings Group Ltd, formerly Deyun Holding Ltd is an investment holding company. It is engaged in the manufacturing of lace and the provision of dyeing services and the sales of footwear products to its customers. It derives revenue from the provision of dyeing services which involves the provision of dyeing services of lace and swim-wear fabrics based on customers' orders. It derives key revenue from the PRC.

Executives

Glorious Way Investments Limited	2101 Beneficial owner
Tsoi Wing Sing	2201 Interest of corporation controlled by you
Wu Chou Har	2202 Interest of your spouse
Deyong Investment Co., Ltd	2101 Beneficial owner
Jiang Yanyun	2202 Interest of your spouse
Lin Bingzhong	2103 Interests held jointly with another person
Lin Chaowei	2103 Interests held jointly with another person
Lin Chaowen	2103 Interests held jointly with another person
Lin Minqiang	2103 Interests held jointly with another person
Lin Yueyun	2202 Interest of your spouse
Lin Yunzhen	2202 Interest of your spouse
Zheng Xiuqin	2202 Interest of your spouse
Lin Chao Ji	2103 Interests held jointly with another person
Lin Ai Mei	2202 Interest of your spouse

Star Shine Holdings Group Headlines

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