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China Aircraft Leasing Group Holdings (HKSE:01848) Total Assets : HK$59,825 Mil (As of Dec. 2023)


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What is China Aircraft Leasing Group Holdings Total Assets?

China Aircraft Leasing Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$59,825 Mil.

Warning Sign:

If a company builds assets at 8.3% a year, faster than its revenue growth rate of 4.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, China Aircraft Leasing Group Holdings's average Total Assets Growth Rate was 5.30% per year. During the past 3 years, the average Total Assets Growth Rate was 9.50% per year. During the past 5 years, the average Total Assets Growth Rate was 8.30% per year. During the past 10 years, the average Total Assets Growth Rate was 15.30% per year.

During the past 11 years, China Aircraft Leasing Group Holdings's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was 6.50%. And the median was 13.25%.

Total Assets is connected with ROA %. China Aircraft Leasing Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -0.56%. Total Assets is also linked to Revenue through Asset Turnover. China Aircraft Leasing Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


China Aircraft Leasing Group Holdings Total Assets Historical Data

The historical data trend for China Aircraft Leasing Group 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.

* Premium members only.

China Aircraft Leasing Group Holdings Total Assets Chart

China Aircraft Leasing Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43,651.33 46,392.52 50,029.12 55,332.08 59,824.73

China Aircraft Leasing Group Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 50,029.12 53,973.53 55,332.08 63,185.58 59,824.73

China Aircraft Leasing Group Holdings 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.

China Aircraft Leasing Group Holdings'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 )
=5139.962+54684.765
=59,825

China Aircraft Leasing Group Holdings'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 )
=5139.962+54684.765
=59,825

* 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.


China Aircraft Leasing Group Holdings  (HKSE:01848) Total Assets Explanation

Total Assets is connected with ROA %.

China Aircraft Leasing Group Holdings'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 )
=-345.83/( (63185.584+59824.727)/ 2 )
=-345.83/61505.1555
=-0.56 %

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.

China Aircraft Leasing Group Holdings'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 )
=2222.556/( (63185.584+59824.727)/ 2 )
=2222.556/61505.1555
=0.04

* 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.

China Aircraft Leasing Group Holdings Total Assets Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

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