World-Link Logistics (Asia) Holding (HKSE:06083) Total Assets : HK$296.7 Mil (As of Dec. 2023)

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What is World-Link Logistics (Asia) Holding Total Assets?

World-Link Logistics (Asia) Holding's Total Assets for the quarter that ended in Dec. 2023 was HK$296.7 Mil.

Warning Sign:

If a company builds assets at 23.9% a year, faster than its revenue growth rate of 17.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, World-Link Logistics (Asia) Holding's average Total Assets Growth Rate was 61.30% per year. During the past 3 years, the average Total Assets Growth Rate was 29.70% per year. During the past 5 years, the average Total Assets Growth Rate was 23.90% per year.

During the past 10 years, World-Link Logistics (Asia) Holding's highest 3-Year average Total Assets Growth Rate was 46.30%. The lowest was 0.60%. And the median was 22.70%.

Total Assets is connected with ROA %. World-Link Logistics (Asia) Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 9.00%. Total Assets is also linked to Revenue through Asset Turnover. World-Link Logistics (Asia) Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.72.

World-Link Logistics (Asia) Holding Total Assets Historical Data

The historical data trend for World-Link Logistics (Asia) Holding'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.

World-Link Logistics (Asia) Holding Total Assets Chart

World-Link Logistics (Asia) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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205.27

180.70

242.60

214.53

296.74

World-Link Logistics (Asia) Holding Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial														242.60	235.17	214.53	192.02	296.74

World-Link Logistics (Asia) Holding 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.

World-Link Logistics (Asia) Holding'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 )
	=	113.271	+	183.466
	=	296.7

World-Link Logistics (Asia) Holding'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 )
	=	113.271	+	183.466
	=	296.7

World-Link Logistics (Asia) Holding (HKSE:06083) Total Assets Explanation

Total Assets is connected with ROA %.

World-Link Logistics (Asia) Holding'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 )
	=	21.988	/	( (192.022	+	296.737)	/ 2 )
	=	21.988	/	244.3795
	=	9.00 %

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.

World-Link Logistics (Asia) Holding'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 )
=	176.445	/	( (192.022	+	296.737)	/ 2 )
=	176.445	/	244.3795
=	0.72

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.

World-Link Logistics (Asia) Holding Total Assets Related Terms

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World-Link Logistics (Asia) Holding (HKSE:06083) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » World-Link Logistics (Asia) Holding Ltd (HKSE:06083) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

150-164 Texaco Road, 3rd Floor, Allied Cargo Centre, Tsuen Wan, Hong Kong, HKG

Website

https://www.world-linkasia.com

World-Link Logistics (Asia) Holding Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in providing logistics services, packing services and distribution business. The organization offers total supply chain services, warehousing, transportation, data management, and customization services such as repacking and labeling services, and value-added services. The operating segments of the group are Logistics solutions business, Customizations services, and Distribution business. It generates maximum revenue from the logistics solutions business. All the business operations of the company are located in Hong Kong and Macau.

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