Hang Yick Holdings Co (HKSE:01894) Total Assets : HK$183.0 Mil (As of Sep. 2024)

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What is Hang Yick Holdings Co Total Assets?

Hang Yick Holdings Co's Total Assets for the quarter that ended in Sep. 2024 was HK$183.0 Mil.

During the past 12 months, Hang Yick Holdings Co's average Total Assets Growth Rate was 10.10% per year. During the past 3 years, the average Total Assets Growth Rate was -8.50% per year. During the past 5 years, the average Total Assets Growth Rate was -12.00% per year.

During the past 9 years, Hang Yick Holdings Co's highest 3-Year average Total Assets Growth Rate was 34.10%. The lowest was -26.10%. And the median was 6.70%.

Total Assets is connected with ROA %. Hang Yick Holdings Co's annualized ROA % for the quarter that ended in Sep. 2024 was -11.48%. Total Assets is also linked to Revenue through Asset Turnover. Hang Yick Holdings Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.42.

Hang Yick Holdings Co Total Assets Historical Data

The historical data trend for Hang Yick Holdings Co'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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Hang Yick Holdings Co Total Assets Chart

Hang Yick Holdings Co Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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333.34

208.65

193.13

189.50

188.39

Hang Yick Holdings Co Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial												193.27	189.50	194.79	188.39	182.97

Hang Yick Holdings Co 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.

Hang Yick Holdings Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	159.969	+	28.422
	=	188.4

Hang Yick Holdings Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	159.554	+	23.418
	=	183.0

Hang Yick Holdings Co (HKSE:01894) Total Assets Explanation

Total Assets is connected with ROA %.

Hang Yick Holdings Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-21.322	/	( (188.391	+	182.972)	/ 2 )
	=	-21.322	/	185.6815
	=	-11.48 %

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

Hang Yick Holdings Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	78.794	/	( (188.391	+	182.972)	/ 2 )
=	78.794	/	185.6815
=	0.42

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.

Hang Yick Holdings Co Total Assets Related Terms

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Hang Yick Holdings Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Hang Yick Holdings Co Ltd (HKSE:01894) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

610 Cha Kwo Ling Road, 6th Floor, Sunray Industrial Centre, Yau Tong, Kowloon, hong Kong, HKG

Website

https://www.hy-engineering.com

Hang Yick Holdings Co Ltd is an investment holding company. It provides steel and metal engineering services ranging from the design, manufacture, supply, and installation of steel and metal products for construction projects in Hong Kong. It also sells its steel and metal products to customers. The company has two operating segments; Provision of steel and metal engineering services and Sales of steel and metal products. it derives a majority of its revenue from the Provision of steel and metal engineering services. The company operates in Mainland China and Hong Kong. It generates the majority of its revenue from Hong Kong.

Executives

Xu Ai Hua	2101 Beneficial owner
Xu Aihua	2101 Beneficial owner
Hy Steel Company Limited	2101 Beneficial owner
Lau Lai Ching	2201 Interest of corporation controlled by you
Lee Pui Sun	2201 Interest of corporation controlled by you

Hang Yick Holdings Co Headlines

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