Sino-Ocean Service Holding (HKSE:06677) Total Assets : HK$4,444 Mil (As of Jun. 2024)

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What is Sino-Ocean Service Holding Total Assets?

Sino-Ocean Service Holding's Total Assets for the quarter that ended in Jun. 2024 was HK$4,444 Mil.

During the past 12 months, Sino-Ocean Service Holding's average Total Assets Growth Rate was -6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 50.50% per year. During the past 5 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 7 years, Sino-Ocean Service Holding's highest 3-Year average Total Assets Growth Rate was 50.50%. The lowest was -25.60%. And the median was 9.60%.

Total Assets is connected with ROA %. Sino-Ocean Service Holding's annualized ROA % for the quarter that ended in Jun. 2024 was 2.88%. Total Assets is also linked to Revenue through Asset Turnover. Sino-Ocean Service Holding's Asset Turnover for the quarter that ended in Jun. 2024 was 0.35.

Sino-Ocean Service Holding Total Assets Historical Data

The historical data trend for Sino-Ocean Service 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.

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Sino-Ocean Service Holding Total Assets Chart

Sino-Ocean Service Holding Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,625.64

3,665.80

4,931.96

4,757.64

4,417.97

Sino-Ocean Service Holding Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								4,945.37	4,757.64	4,658.01	4,417.97	4,443.64

Sino-Ocean Service 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.

Sino-Ocean Service 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 )
	=	2346.932	+	2071.038
	=	4,418

Sino-Ocean Service Holding's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	2350.681	+	2092.961
	=	4,444

Sino-Ocean Service Holding (HKSE:06677) Total Assets Explanation

Total Assets is connected with ROA %.

Sino-Ocean Service Holding's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	127.764	/	( (4417.97	+	4443.642)	/ 2 )
	=	127.764	/	4430.806
	=	2.88 %

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

Sino-Ocean Service Holding's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	1545.93	/	( (4417.97	+	4443.642)	/ 2 )
=	1545.93	/	4430.806
=	0.35

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.

Sino-Ocean Service Holding Total Assets Related Terms

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Sino-Ocean Service Holding Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sino-Ocean Service Holding Ltd (HKSE:06677) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. A518 East Road of Chaoyang Sports Center, 2nd Floor, Tower A, Chaoyang District, Beijing, CHN

Website

http://www.sinooceanservice.com

Sino-Ocean Service Holding Ltd is an investment holding company. The Company and its subsidiaries are engaged in the provision of property management and commercial operational services, value-added services to non-property owners, and community value-added services in the People's Republic of China.

Executives

Sino-ocean Group Holding Limited	2201 Interest of corporation controlled by you
Shine Wind Development Limited	2101 Beneficial owner

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