Onewo (HKSE:02602) Total Assets : HK$43,076 Mil (As of Dec. 2023)

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What is Onewo Total Assets?

Onewo's Total Assets for the quarter that ended in Dec. 2023 was HK$43,076 Mil.

During the past 12 months, Onewo's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 22.50% per year.

During the past 5 years, Onewo's highest 3-Year average Total Assets Growth Rate was 32.80%. The lowest was 22.50%. And the median was 27.65%.

Total Assets is connected with ROA %. Onewo's annualized ROA % for the quarter that ended in Dec. 2023 was 5.03%. Total Assets is also linked to Revenue through Asset Turnover. Onewo's Asset Turnover for the quarter that ended in Dec. 2023 was 0.45.

Onewo Total Assets Historical Data

The historical data trend for Onewo'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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Onewo Total Assets Chart

Onewo Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

17,944.24

22,527.68

35,242.40

41,277.11

43,076.42

Onewo Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			35,242.40	-	41,277.11	40,088.65	43,076.42

Onewo 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.

Onewo'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 )
	=	19928.915	+	23147.507
	=	43,076

Onewo's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	19928.915	+	23147.507
	=	43,076

Onewo (HKSE:02602) Total Assets Explanation

Total Assets is connected with ROA %.

Onewo's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	2093.412	/	( (40088.645	+	43076.422)	/ 2 )
	=	2093.412	/	41582.5335
	=	5.03 %

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

Onewo's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	18773.389	/	( (40088.645	+	43076.422)	/ 2 )
=	18773.389	/	41582.5335
=	0.45

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.

Onewo Total Assets Related Terms

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Onewo (HKSE:02602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Onewo Inc (HKSE:02602) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 63 Meilin Road, Meilin Vanke Center, Futian District, Shenzhen, CHN

Website

https://www.onewo.com

Onewo Inc is a property management service provider in China. It offers comprehensive property and facility management services to various types of properties, including office spaces, commercial complex, industrial parks, and public premises.

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