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LC Logistics (HKSE:02490) Total Assets : HK$2,054 Mil (As of Dec. 2024)


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What is LC Logistics Total Assets?

LC Logistics's Total Assets for the quarter that ended in Dec. 2024 was HK$2,054 Mil.

During the past 12 months, LC Logistics's average Total Assets Growth Rate was -12.90% per year. During the past 3 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 5 years, LC Logistics's highest 3-Year average Total Assets Growth Rate was 60.30%. The lowest was 0.60%. And the median was 30.45%.

Total Assets is connected with ROA %. LC Logistics's annualized ROA % for the quarter that ended in Dec. 2024 was 43.98%. Total Assets is also linked to Revenue through Asset Turnover. LC Logistics's Asset Turnover for the quarter that ended in Dec. 2024 was 0.68.

LC Logistics Total Assets Historical Data

The historical data trend for LC Logistics'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.

LC Logistics Total Assets Chart

LC Logistics Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
387.12 1,388.04 1,608.64 1,581.04 2,053.74

LC Logistics Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial 1,608.64 - 1,581.04 1,698.22 2,053.74

LC Logistics 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.

LC Logistics's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1656.637+397.098
=2,054

LC Logistics's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1656.637+397.098
=2,054

* 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.

LC Logistics  (HKSE:02490) Total Assets Explanation

Total Assets is connected with ROA %.

LC Logistics's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=825.096/( (1698.219+2053.736)/ 2 )
=825.096/1875.9775
=43.98 %

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

LC Logistics's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1272.831/( (1698.219+2053.736)/ 2 )
=1272.831/1875.9775
=0.68

* 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.

LC Logistics Total Assets Related Terms

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LC Logistics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LC Logistics Inc (HKSE:02490) » Definitions » Total Assets
Comparable Companies
HKSE:09699 HKSE:03399 HKSE:02505 HKSE:02130 HKSE:02482 HKSE:02516 HKSE:01442 HKSE:08310 HKSE:01292 HKSE:06123 UPS FDX XTER:DHL OCSE:DSV SZSE:002352 XSWX:KNIN ZTO EXPD JBHT CHRW
Traded in Other Exchanges
N/A
Address
9/F, China Stone Building, 37 Hong Kong Middle Road, Shinan District, Shandong Province, Qingdao, CHN
Website
http://www.burnasia.cn
LC Logistics Inc is a company involved in cross-border logistics services. The company provides services cover all major aspects of the cross-border logistics process, including cargo pick-up and sorting, customs clearance, cross-border seaborne transportation, warehouse transit and last-mile delivery.
Executives
Li Yan 2201 Interest of corporation controlled by you
Liu Quanxiang 2201 Interest of corporation controlled by you
Xu Xin 2201 Interest of corporation controlled by you
Grand Sailing Limited 2201 Interest of corporation controlled by you
Lecang Altitude Limited 2101 Beneficial owner
Glorious Sailing Limited 2101 Beneficial owner
Lecang Flourishing Limited 2101 Beneficial owner
Spring Wealth Limited 2201 Interest of corporation controlled by you
Lecang Shining Limited 2101 Beneficial owner
Peace Seaworld Limited 2201 Interest of corporation controlled by you

LC Logistics Headlines

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