Best Mart 360 Holdings (HKSE:02360) Total Assets : HK$1,028 Mil (As of Jun. 2024)

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What is Best Mart 360 Holdings Total Assets?

Best Mart 360 Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$1,028 Mil.

Warning Sign:

If a company builds assets at 43.5% a year, faster than its revenue growth rate of 19.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Best Mart 360 Holdings's average Total Assets Growth Rate was 6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 48.50% per year. During the past 5 years, the average Total Assets Growth Rate was 43.50% per year.

During the past 7 years, Best Mart 360 Holdings's highest 3-Year average Total Assets Growth Rate was 57.10%. The lowest was 31.00%. And the median was 46.10%.

Total Assets is connected with ROA %. Best Mart 360 Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 22.90%. Total Assets is also linked to Revenue through Asset Turnover. Best Mart 360 Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 1.30.

Best Mart 360 Holdings Total Assets Historical Data

The historical data trend for Best Mart 360 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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Best Mart 360 Holdings Total Assets Chart

Best Mart 360 Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Total Assets

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215.90

507.67

689.83

821.20

900.15

Best Mart 360 Holdings Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Jun24
Total Assets	Get a 7-Day Free Trial										900.15	882.35	937.63	1,112.99	1,028.03

Best Mart 360 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.

Best Mart 360 Holdings's Total Assets for the fiscal year that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (A: Mar. 2022 )	+	Total Liabilities (A: Mar. 2022 )
	=	438.043	+	462.11
	=	900

Best Mart 360 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 )
	=	519.614	+	508.417
	=	1,028

Best Mart 360 Holdings (HKSE:02360) Total Assets Explanation

Total Assets is connected with ROA %.

Best Mart 360 Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	245.134	/	( (1112.986	+	1028.031)	/ 2 )
	=	245.134	/	1070.5085
	=	22.90 %

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.

Best Mart 360 Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	1393.691	/	( (1112.986	+	1028.031)	/ 2 )
=	1393.691	/	1070.5085
=	1.30

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.

Best Mart 360 Holdings Total Assets Related Terms

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Best Mart 360 Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Best Mart 360 Holdings Ltd (HKSE:02360) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 108 Wai Yip Street, 11th Floor, C-Bons International Center, Kowloon, Hong Kong, HKG

Website

https://www.bestmart360.com

Best Mart 360 Holdings Ltd is a leisure food retailer operating a chain of retail stores under its stores Best Mart 360 and FoodVille. The company is engaged in retail sales of food and beverage, confectioneries, packaged bakery products and snacks, nuts and dried fruits, grain and other miscellaneous food products, and household, and personal care products in Hong Kong, Macau, and Mainland China. The company generates the majority of its revenue from Hong Kong.

Executives

China Merchants Group Limited	2201 Interest of corporation controlled by you
China Merchants Hoi Tung Trading Company Limited	2106 Person having a security interest in shares
United East Global Limited	2101 Beneficial owner
Universal Tycoon Limited	2101 Beneficial owner
Sino Sea Enterprises Limited	2101 Beneficial owner
Hui Ngai Fan	2201 Interest of corporation controlled by you
Lin Tsz Fung	2201 Interest of corporation controlled by you
Sea Wealth Ventures Limited	2101 Beneficial owner
Giant Blessing Global Limited	2101 Beneficial owner
Lee Wai Bing	2202 Interest of your spouse

Best Mart 360 Holdings Headlines

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