Kam Hing International Holdings (HKSE:02307) Total Assets : HK$3,334 Mil (As of Jun. 2024)

View and export this data going back to 2004. Start your Free Trial

What is Kam Hing International Holdings Total Assets?

Kam Hing International Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$3,334 Mil.

During the past 12 months, Kam Hing International Holdings's average Total Assets Growth Rate was -1.30% per year. During the past 3 years, the average Total Assets Growth Rate was -9.80% per year. During the past 5 years, the average Total Assets Growth Rate was -8.10% per year. During the past 10 years, the average Total Assets Growth Rate was -2.50% per year.

During the past 13 years, Kam Hing International Holdings's highest 3-Year average Total Assets Growth Rate was 32.00%. The lowest was -9.80%. And the median was 3.15%.

Total Assets is connected with ROA %. Kam Hing International Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 0.21%. Total Assets is also linked to Revenue through Asset Turnover. Kam Hing International Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.51.

Kam Hing International Holdings Total Assets Historical Data

The historical data trend for Kam Hing 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.

Kam Hing International Holdings Total Assets Chart

Kam Hing International Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

4,827.21

4,703.38

5,193.23

4,074.00

3,780.09

Kam Hing International Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															4,527.59	4,074.00	4,281.06	3,780.09	3,333.76

Kam Hing 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.

Kam Hing 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 )
	=	1650.451	+	2129.635
	=	3,780

Kam Hing 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 )
	=	1654.421	+	1679.338
	=	3,334

Kam Hing International Holdings (HKSE:02307) Total Assets Explanation

Total Assets is connected with ROA %.

Kam Hing 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 )
	=	7.63	/	( (3780.086	+	3333.759)	/ 2 )
	=	7.63	/	3556.9225
	=	0.21 %

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.

Kam Hing 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 )
=	1810.902	/	( (3780.086	+	3333.759)	/ 2 )
=	1810.902	/	3556.9225
=	0.51

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.

Kam Hing International Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Kam Hing International Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kam Hing International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Kam Hing International Holdings Ltd (HKSE:02307) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit A, 23rd Floor, TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.kamhingintl.com

Kam Hing International Holdings Ltd is a textile manufacturing company. It is engaged in marketing and sales, research and development, production processes including knitting, fabric dyeing, and yarn dyeing, and final processing, such as setting and pre-shrinking. The company's segment based on products and services includes Fabric products, Garment products, and Other segments. Its fabric products segment is involved in the production and sale of knitted fabric and dyed yarn and the provision related to subcontracting services. It generates maximum revenue from the Fabric products segment. Geographically, it derives a majority of its revenue from Korea and has a presence in Mainland China, Vietnam, Hong Kong, Taiwan, Singapore, the United States, and Other Countries.

Kam Hing International Holdings Headlines

No Headlines