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China Oriented International Holdings (HKSE:01871) Total Assets : HK$294.83 Mil (As of Jun. 2024)


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What is China Oriented International Holdings Total Assets?

China Oriented International Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$294.83 Mil.

During the past 12 months, China Oriented International Holdings's average Total Assets Growth Rate was -6.10% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year.

During the past 9 years, China Oriented International Holdings's highest 3-Year average Total Assets Growth Rate was 8.70%. The lowest was -5.30%. And the median was 4.00%.

Total Assets is connected with ROA %. China Oriented International Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -1.66%. Total Assets is also linked to Revenue through Asset Turnover. China Oriented International Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.

China Oriented International Holdings Total Assets Historical Data

The historical data trend for China Oriented International 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 Oriented International Holdings Total Assets Chart

China Oriented International Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 374.02 379.36 340.85 315.39 284.35

China Oriented International Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 340.85 333.57 315.39 294.83 284.35

China Oriented International 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 Oriented International 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 )
=207.347+108.047
=315.39

China Oriented International Holdings'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 )
=207.59+87.243
=294.83

* 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 Oriented International Holdings  (HKSE:01871) Total Assets Explanation

Total Assets is connected with ROA %.

China Oriented International Holdings'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 )
=-5.056/( (315.393+294.833)/ 2 )
=-5.056/305.113
=-1.66 %

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.

China Oriented International Holdings'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 )
=19.536/( (315.393+294.833)/ 2 )
=19.536/305.113
=0.06

* 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 Oriented International Holdings Total Assets Related Terms

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China Oriented International Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » China Oriented International Holdings Ltd (HKSE:01871) » Definitions » Total Assets
Comparable Companies
HKSE:01775 HKSE:01598 HKSE:01752 HKSE:01758 HKSE:08160 HKSE:02371 HKSE:01449 HKSE:08417 HKSE:08206 HKSE:06068 EDU LRN TAL LOPE GHC ATGE LAUR SZSE:002607 HKSE:09636 SZSE:300364
Traded in Other Exchanges
N/A
Address
Baililiu Village, Zhutang Township, Suiping Count, Henan Province, Zhumadian, CHN
Website
http://www.china-oriented.com
China Oriented International Holdings Ltd is engaged in providing driving training services. It has two driving schools, namely, Shun Da School and Tong Tai School. Shun Da School offers driving training services for preparation for Driving Tests of small manual cars and Tong Tai School is a qualified level I driving school offering driving training services for preparation for driving tests of both Large Vehicles and Small Vehicles. The Group's operation is regarded as one reportable and operating segment which is provision of driving training services. All of the group's revenue is derived from the PRC.
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