Times Universal Group Holdings (HKSE:02310) Total Assets : HK$120.4 Mil (As of Jun. 2024)

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What is Times Universal Group Holdings Total Assets?

Times Universal Group Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$120.4 Mil.

During the past 12 months, Times Universal Group Holdings's average Total Assets Growth Rate was -3.60% per year. During the past 3 years, the average Total Assets Growth Rate was -8.10% per year. During the past 5 years, the average Total Assets Growth Rate was -12.30% per year. During the past 10 years, the average Total Assets Growth Rate was -12.00% per year.

During the past 13 years, Times Universal Group Holdings's highest 3-Year average Total Assets Growth Rate was 37.70%. The lowest was -24.30%. And the median was -5.10%.

Total Assets is connected with ROA %. Times Universal Group Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -4.89%. Total Assets is also linked to Revenue through Asset Turnover. Times Universal Group Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.42.

Times Universal Group Holdings Total Assets Historical Data

The historical data trend for Times Universal 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.

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Times Universal Group Holdings Total Assets Chart

Times Universal Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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190.92

181.71

137.31

120.38

109.98

Times Universal Group Holdings Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															137.31	124.09	120.38	120.42	109.98

Times Universal 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.

Times Universal 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 )
	=	-23.453	+	143.833
	=	120.4

Times Universal Group 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 )
	=	-26.287	+	146.709
	=	120.4

Times Universal Group Holdings (HKSE:02310) Total Assets Explanation

Total Assets is connected with ROA %.

Times Universal Group 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 )
	=	-5.886	/	( (120.38	+	120.422)	/ 2 )
	=	-5.886	/	120.401
	=	-4.89 %

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.

Times Universal Group 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 )
=	49.99	/	( (120.38	+	120.422)	/ 2 )
=	49.99	/	120.401
=	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.

Times Universal Group Holdings Total Assets Related Terms

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Times Universal Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Times Universal Group Holdings Ltd (HKSE:02310) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Bonham Strand, Room 3002, 30th Floor, Workington Tower, Sheung Wan, Hong Kong, HKG

Website

https://www.timesuniversal.com

Times Universal Group Holdings Ltd, formerly Forebase International Holdings Ltd, is an investment holding company principally engaged in the operation of hotels and the provision of property management services. The company operates its business through two segments. The Hotel Operation segment is engaged in the operation of a resort in Canada. The Properties Management segment is engaged in properties management in the People's Republic of China (PRC). Its property projects include villas, office buildings, hotels, residential properties and industrial parks. In addition, the Company is also involved in the provision of administrative support to group companies in Hong Kong.

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Times Universal Group Holdings Headlines

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