KRP Development Holdings (HKSE:02421) Total Assets : HK$1,565.5 Mil (As of Sep. 2023)

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What is KRP Development Holdings Total Assets?

KRP Development Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$1,565.5 Mil.

During the past 12 months, KRP Development Holdings's average Total Assets Growth Rate was 0.10% per year. During the past 3 years, the average Total Assets Growth Rate was -5.50% per year.

During the past 4 years, KRP Development Holdings's highest 3-Year average Total Assets Growth Rate was -5.50%. The lowest was -5.50%. And the median was -5.50%.

Total Assets is connected with ROA %. KRP Development Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 2.95%. Total Assets is also linked to Revenue through Asset Turnover. KRP Development Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.07.

KRP Development Holdings Total Assets Historical Data

The historical data trend for KRP Development 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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KRP Development Holdings Total Assets Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Total Assets

1,903.48

2,624.49

2,435.39

1,722.72

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			-	2,435.39	1,761.14	1,722.72	1,565.47

KRP Development 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.

KRP Development Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	943.719	+	779.005
	=	1,722.7

KRP Development Holdings's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	895.809	+	669.658
	=	1,565.5

KRP Development Holdings (HKSE:02421) Total Assets Explanation

Total Assets is connected with ROA %.

KRP Development Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	48.494	/	( (1722.724	+	1565.467)	/ 2 )
	=	48.494	/	1644.0955
	=	2.95 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

KRP Development Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	109.656	/	( (1722.724	+	1565.467)	/ 2 )
=	109.656	/	1644.0955
=	0.07

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.

KRP Development Holdings Total Assets Related Terms

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KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings (HKSE:02421) Headlines

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