Infinity Logistics And Transport Ventures (HKSE:01442) Total Assets : HK$1,096.8 Mil (As of Dec. 2023)

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What is Infinity Logistics And Transport Ventures Total Assets?

Infinity Logistics And Transport Ventures's Total Assets for the quarter that ended in Dec. 2023 was HK$1,096.8 Mil.

Warning Sign:

If a company builds assets at 28.9% a year, faster than its revenue growth rate of 11.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Infinity Logistics And Transport Ventures's average Total Assets Growth Rate was 9.50% per year. During the past 3 years, the average Total Assets Growth Rate was 33.00% per year. During the past 5 years, the average Total Assets Growth Rate was 28.90% per year.

During the past 8 years, Infinity Logistics And Transport Ventures's highest 3-Year average Total Assets Growth Rate was 34.70%. The lowest was 11.60%. And the median was 27.70%.

Total Assets is connected with ROA %. Infinity Logistics And Transport Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was 0.48%. Total Assets is also linked to Revenue through Asset Turnover. Infinity Logistics And Transport Ventures's Asset Turnover for the quarter that ended in Dec. 2023 was 0.29.

Infinity Logistics And Transport Ventures Total Assets Historical Data

The historical data trend for Infinity Logistics And Transport Ventures'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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Infinity Logistics And Transport Ventures Total Assets Chart

Infinity Logistics And Transport Ventures Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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410.53

567.57

764.91

993.88

1,096.84

Infinity Logistics And Transport Ventures Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									764.91	925.90	993.88	1,082.40	1,096.84

Infinity Logistics And Transport Ventures 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.

Infinity Logistics And Transport Ventures'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 )
	=	569.513	+	527.322
	=	1,096.8

Infinity Logistics And Transport Ventures's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	569.513	+	527.322
	=	1,096.8

Infinity Logistics And Transport Ventures (HKSE:01442) Total Assets Explanation

Total Assets is connected with ROA %.

Infinity Logistics And Transport Ventures's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	5.198	/	( (1082.399	+	1096.836)	/ 2 )
	=	5.198	/	1089.6175
	=	0.48 %

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

Infinity Logistics And Transport Ventures's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	317.221	/	( (1082.399	+	1096.836)	/ 2 )
=	317.221	/	1089.6175
=	0.29

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.

Infinity Logistics And Transport Ventures Total Assets Related Terms

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Infinity Logistics And Transport Ventures (HKSE:01442) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Infinity Logistics And Transport Ventures Ltd (HKSE:01442) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 2, Jalan Kasuarina 8, Infinity House, Bandar Botanic, Klang, Klang, SGR, MYS, 41200

Website

https://www.infinity.com.my

Infinity Logistics And Transport Ventures Ltd is an investment holding company. It operates in three segments: Integrated freight forwarding services segment, which provides non-vessel operating common carriers (NVOCC) and freight forwarding services; Logistics center and related services segment provides warehousing and container depot services; Land transportation services segment provides land transportation services; Flexitank solution & related services segment provides flexitank solution and related services; and Fourth-party Logistics (4PL) services. The company's geographical segments include China, Indonesia, Malaysia, Netherlands, Singapore, South Korea, Thailand, Vietnam, and Others, of which maximum revenue comes from Malaysia.

Executives

2926 Holdings Limited	2103 Interests held jointly with another person
Chan Kong Yew
Kwan Siew Deeg
Lo Shing Ping
Tan Jyh Yaong

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