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Lygend Resources & Technology Co (HKSE:02245) Total Assets : HK$33,557 Mil (As of Dec. 2023)


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What is Lygend Resources & Technology Co Total Assets?

Lygend Resources & Technology Co's Total Assets for the quarter that ended in Dec. 2023 was HK$33,557 Mil.

During the past 12 months, Lygend Resources & Technology Co's average Total Assets Growth Rate was 55.70% per year. During the past 3 years, the average Total Assets Growth Rate was 90.60% per year.

During the past 5 years, Lygend Resources & Technology Co's highest 3-Year average Total Assets Growth Rate was 90.60%. The lowest was 59.90%. And the median was 75.25%.

Total Assets is connected with ROA %. Lygend Resources & Technology Co's annualized ROA % for the quarter that ended in Dec. 2023 was 4.85%. Total Assets is also linked to Revenue through Asset Turnover. Lygend Resources & Technology Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.40.

Lygend Resources & Technology Co Total Assets Historical Data

The historical data trend for Lygend Resources & Technology 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.

* Premium members only.

Lygend Resources & Technology Co Total Assets Chart

Lygend Resources & Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
4,897.07 4,600.00 15,038.17 23,272.78 33,556.82

Lygend Resources & Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 15,038.17 20,067.24 23,272.78 30,785.30 33,556.82

Lygend Resources & Technology 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.

Lygend Resources & Technology Co'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 )
=14749.991+18806.826
=33,557

Lygend Resources & Technology Co'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 )
=14749.991+18806.826
=33,557

* 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.

Lygend Resources & Technology Co  (HKSE:02245) Total Assets Explanation

Total Assets is connected with ROA %.

Lygend Resources & Technology Co'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 )
=1559.682/( (30785.295+33556.817)/ 2 )
=1559.682/32171.056
=4.85 %

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.

Lygend Resources & Technology Co'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 )
=12879.476/( (30785.295+33556.817)/ 2 )
=12879.476/32171.056
=0.40

* 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.

Lygend Resources & Technology Co Total Assets Related Terms

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Lygend Resources & Technology Co (HKSE:02245) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lygend Resources & Technology Co Ltd (HKSE:02245) » Definitions » Total Assets
Comparable Companies
HKSE:03939 HKSE:01205 HKSE:03833 HKSE:02237 HKSE:00769 HKSE:01029 HKSE:00166 HKSE:08095 HKSE:06128 HKSE:02326 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
Lane 299 Guanghua Road, 10th-11th Floor, Building C10, R&D Park, Yinzhou District, Zhejiang Province, Ningbo, CHN, 315000
Website
https://www.lygend.com
Lygend Resources & Technology Co Ltd is engaged in both the trading and the production of nickel products. The company has a comprehensive product and service portfolio covering multiple areas across the nickel industry value chain, from upstream sourcing of nickel resources, trading and production of nickel products, to equipment manufacturing and sale. Its products are widely used in various downstream sectors including the NEV and stainless steel industries. It derives a majority of its revenue from Mainland China.
Executives
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si 2102 Investment manager
Oakswood Group Ltd 2201 Interest of corporation controlled by you
Lim Shu Hua, Cheryl 2307 Founder of a discretionary trust who can infl
Feng Yi Pte. Ltd. 2101 Beneficial owner
Dbs Trustee Limited 2301 Trustee
China International Capital Corporation Limited 2201 Interest of corporation controlled by you
Ge Lin Mei Gu Fen You Xian Gong Si
Gong Yin Rui Xin Ji Jin Guan Li You Xian Gong Si Dai Gong Yin Rui Xin Tai Hong Hao Dan Yi Zi Chan Gu
Guang Dong Bang Pu Xun Huan Ke Ji You Xian Gong Si
Ning Bo Bang Pu Shi Dai Xin Neng Yuan You Xian Gong Si
Hu Bei Rong Bai Dian Chi San Jiao Yi Hao Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Ge Lin Mei Xiang Gang Guo Ji Wu Liu You Xian Gong Si
Guang Fa Zi Guan Rong Bai Dian Chi Dan Yi Zi Chan Guan Li Ji Hua 2301 Trustee
Ning Bo Rong Bai Xin Neng Yuan Ke Ji Gu Fen You Xian Gong Si
Ning Bo Shi Yin Zhou Qu Jin Rong Kong Gu You Xian Gong Si

Lygend Resources & Technology Co (HKSE:02245) Headlines

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