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Shifang Holding (HKSE:01831) Total Assets : HK$220.48 Mil (As of Dec. 2024)


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What is Shifang Holding Total Assets?

Shifang Holding's Total Assets for the quarter that ended in Dec. 2024 was HK$220.48 Mil.

During the past 12 months, Shifang Holding's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -22.70% per year. During the past 5 years, the average Total Assets Growth Rate was -8.50% per year. During the past 10 years, the average Total Assets Growth Rate was -7.70% per year.

During the past 13 years, Shifang Holding's highest 3-Year average Total Assets Growth Rate was 52.00%. The lowest was -55.10%. And the median was -7.20%.

Total Assets is connected with ROA %. Shifang Holding's annualized ROA % for the quarter that ended in Dec. 2024 was -3.73%. Total Assets is also linked to Revenue through Asset Turnover. Shifang Holding's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.


Shifang Holding Total Assets Historical Data

The historical data trend for Shifang Holding'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.

Shifang Holding Total Assets Chart

Shifang Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 542.07 517.61 513.58 293.93 287.32

Shifang Holding Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 257.12 287.32 238.33 270.85 220.48

Shifang Holding 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.

Shifang Holding's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=42.386+244.932
=287.32

Shifang Holding's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=37.539+182.938
=220.48

* 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.


Shifang Holding  (HKSE:01831) Total Assets Explanation

Total Assets is connected with ROA %.

Shifang Holding's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=-9.168/( (270.85+220.477)/ 2 )
=-9.168/245.6635
=-3.73 %

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

Shifang Holding's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=58.086/( (270.85+220.477)/ 2 )
=58.086/245.6635
=0.24

* 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.

Shifang Holding Total Assets Related Terms

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Shifang Holding Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Gutian Road, 6th Floor, Hua Fu Mansion, Gulou District, Fujian Province, Fuzhou, CHN, 350005
Shifang Holding Ltd is an investment holding company engaged in the business of publishing and advertising in the People's Republic of China. The company operates in two business segments; Publishing and advertising segment includes the provision of advertising services, marketing and consulting services, printing services, and agency commission from sales of service pack; The tourism and integrated developments segment include the provision of tourism and integrated services through its media, resort, and eco-tourism integrated development projects and sales of agricultural products, including the Yongtai Distinctive Town Project and Cooperative Project in YongFu Town. Maximum revenue is gained from Publishing and advertising segment. The company operates in the PRC.
Executives
Chen Zhi
Nian Jiaxing 2101 Beneficial owner
Sheng Ping Guo Ji Fa Zhan You Xian Gong Si
Forever Joy Investments Limited 2101 Beneficial owner
Xu Dan 2201 Interest of corporation controlled by you
Shenzhen Energy Gaofei Fund Management Co., Ltd 2101 Beneficial owner
Ye Xuejin 2201 Interest of corporation controlled by you
Victory Color International Investment Limited 2101 Beneficial owner
Wu Yufang 2201 Interest of corporation controlled by you

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