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Lushang Life Services Co (HKSE:02376) Total Assets : HK$970.7 Mil (As of Jun. 2024)


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What is Lushang Life Services Co Total Assets?

Lushang Life Services Co's Total Assets for the quarter that ended in Jun. 2024 was HK$970.7 Mil.

During the past 12 months, Lushang Life Services Co's average Total Assets Growth Rate was -2.30% per year. During the past 3 years, the average Total Assets Growth Rate was -13.50% per year.

During the past 6 years, Lushang Life Services Co's highest 3-Year average Total Assets Growth Rate was 15.80%. The lowest was -13.50%. And the median was 1.15%.

Total Assets is connected with ROA %. Lushang Life Services Co's annualized ROA % for the quarter that ended in Jun. 2024 was 4.77%. Total Assets is also linked to Revenue through Asset Turnover. Lushang Life Services Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.34.

Lushang Life Services Co Total Assets Historical Data

The historical data trend for Lushang Life Services 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.

Lushang Life Services Co Total Assets Chart

Lushang Life Services Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 1,022.26 776.80 959.52 985.28 991.97

Lushang Life Services Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 959.52 994.25 985.28 970.69 991.97

Lushang Life Services 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.

Lushang Life Services 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 )
=572.817+412.463
=985.3

Lushang Life Services Co'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 )
=587.398+383.287
=970.7

* 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.

Lushang Life Services Co  (HKSE:02376) Total Assets Explanation

Total Assets is connected with ROA %.

Lushang Life Services Co'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 )
=46.65/( (985.28+970.685)/ 2 )
=46.65/977.9825
=4.77 %

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.

Lushang Life Services Co'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 )
=332.166/( (985.28+970.685)/ 2 )
=332.166/977.9825
=0.34

* 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.

Lushang Life Services Co Total Assets Related Terms

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Lushang Life Services Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lushang Life Services Co Ltd (HKSE:02376) » Definitions » Total Assets
Comparable Companies
HKSE:08426 HKSE:01663 HKSE:00265 HKSE:01153 HKSE:02168 HKSE:01379 HKSE:00036 HKSE:00271 HKSE:02455 HKSE:09916 CBRE CSGP XMAD:CLNX XTER:VNA BEKE TSE:8830 ADX:MODON HKSE:01972 HKSE:01209 MIL:INW
Traded in Other Exchanges
N/A
Address
No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Lixia District, Shandong Province, Jinan, CHN
Website
https://www.lushangfuwu.com
Lushang Life Services Co Ltd is principally engaged in the provision of property management services, community value-added services, and value-added services to non-property owners. It manages a diverse portfolio of properties, including residential properties; commercial properties such as commercial complexes, office buildings, and apartments; and other types of properties including municipal facilities such as city roads, schools, theme towns, hospitals, banks, industrial parks, and airline base property. It derives the majority of from property management services that comprise comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property management-related services.
Executives
Bei Jing Cheng Jian Fang Di Chan Kai Fa You Xian Gong Si
Bei Jing Cheng Jian Ji Tuan You Xian Ze Ren Gong Si
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you
Abc International Holdings Limited 2201 Interest of corporation controlled by you
Abci Securities Company Limited 2105 Underwriter
Agricultural Bank Of China Limited 2201 Interest of corporation controlled by you
China International Economic Trading Limited
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd 2301 Trustee
Abci Capital Limited 2501 Other
Lu Dunke 2201 Interest of corporation controlled by you
Fan Qinyuan 2201 Interest of corporation controlled by you
Wen Shang Xian Ke Jin Jian An Lao Wu You Xian Ze Ren Gong Si 2101 Beneficial owner
Nan Tong Chen Yun Jian Zhu Lao Wu You Xian Gong Si 2101 Beneficial owner
Shan Dong Tian Qi Chuang Ye Tou Zi You Xian Gong Si 2101 Beneficial owner

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