Vital Innovations Holdings (HKSE:06133) Total Assets : HK$688 Mil (As of Dec. 2023)

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What is Vital Innovations Holdings Total Assets?

Vital Innovations Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$688 Mil.

During the past 12 months, Vital Innovations Holdings's average Total Assets Growth Rate was 1.60% per year. During the past 3 years, the average Total Assets Growth Rate was -5.30% per year. During the past 5 years, the average Total Assets Growth Rate was 16.40% per year.

During the past 10 years, Vital Innovations Holdings's highest 3-Year average Total Assets Growth Rate was 54.40%. The lowest was -51.90%. And the median was -5.80%.

Total Assets is connected with ROA %. Vital Innovations Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -3.83%. Total Assets is also linked to Revenue through Asset Turnover. Vital Innovations Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.77.

Vital Innovations Holdings Total Assets Historical Data

The historical data trend for Vital Innovations 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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Vital Innovations Holdings Total Assets Chart

Vital Innovations Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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835.08

842.37

784.35

692.82

687.84

Vital Innovations Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															734.37	692.82	683.20	687.84	-

Vital Innovations 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.

Vital Innovations Holdings'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 )
	=	550.443	+	137.393
	=	688

Vital Innovations Holdings'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 )
	=	550.443	+	137.393
	=	688

Vital Innovations Holdings (HKSE:06133) Total Assets Explanation

Total Assets is connected with ROA %.

Vital Innovations Holdings'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 )
	=	-26.252	/	( (683.202	+	687.836)	/ 2 )
	=	-26.252	/	685.519
	=	-3.83 %

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.

Vital Innovations Holdings'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 )
=	529.205	/	( (683.202	+	687.836)	/ 2 )
=	529.205	/	685.519
=	0.77

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.

Vital Innovations Holdings Total Assets Related Terms

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Vital Innovations Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vital Innovations Holdings Ltd (HKSE:06133) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 55 Jiachuang Second Road, Zone B, 7th Floor, Zhongguancun Science Park, OTPO-Merchatronics Industrial Park, Tongzhou District, Beijing, CHN, 101111

Website

http://www.vitalinno.com

Vital Innovations Holdings Ltd is an investment holding company. It operates in two segments: Trading of mobile telecommunication devices, which includes mobile telecommunication-related components and smart appliances; and Trading of AI and other equipment. Its geographical segments are Hong Kong, China, and Others, of which the majority of its revenue comes from Hong Kong.

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