KangLi International Holdings (HKSE:06890) Total Assets : HK$2,005 Mil (As of Jun. 2024)

View and export this data going back to 2018. Start your Free Trial

What is KangLi International Holdings Total Assets?

KangLi International Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$2,005 Mil.

During the past 12 months, KangLi International Holdings's average Total Assets Growth Rate was 7.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year.

During the past 9 years, KangLi International Holdings's highest 3-Year average Total Assets Growth Rate was 12.70%. The lowest was -3.40%. And the median was 4.50%.

Total Assets is connected with ROA %. KangLi International Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 6.78%. Total Assets is also linked to Revenue through Asset Turnover. KangLi International Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.55.

KangLi International Holdings Total Assets Historical Data

The historical data trend for KangLi International 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.

* Premium members only.

KangLi International Holdings Total Assets Chart

KangLi International Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,568.38

2,242.39

2,341.63

1,838.31

1,945.14

KangLi International Holdings Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial											2,211.66	1,838.31	1,875.74	1,945.14	2,004.98

KangLi International 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.

KangLi International 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 )
	=	855.646	+	1089.497
	=	1,945

KangLi International Holdings'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 )
	=	909.242	+	1095.74
	=	2,005

KangLi International Holdings (HKSE:06890) Total Assets Explanation

Total Assets is connected with ROA %.

KangLi International Holdings'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 )
	=	133.982	/	( (1945.142	+	2004.983)	/ 2 )
	=	133.982	/	1975.0625
	=	6.78 %

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.

KangLi International Holdings'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 )
=	1082.435	/	( (1945.142	+	2004.983)	/ 2 )
=	1082.435	/	1975.0625
=	0.55

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.

KangLi International Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of KangLi International Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

KangLi International Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » KangLi International Holdings Ltd (HKSE:06890) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hengshanqiao Town, Wujin District, Wuyi County, Jiangsu Province, Changzhou, CHN

Website

http://www.jnpmm.com

KangLi International Holdings Ltd is engaged in the production and sales of unpainted and painted galvanized steel products to midstream steel product processors, and cold-rolled steel products to home appliance manufacturers. The company has three operating segments; the Hard steel coil segment includes the manufacture and sale of cold-rolled hard steel coil, the Unpainted galvanized steel products segment includes the manufacture and sale of hot-dipped galvanized/zinc-coated steel coil and sheet; the Painted galvanized steel products segment includes the manufacture and sale of hot-dipped color coated galvanized steel coil and sheet and the Property management services. It derives a majority of its revenue from the People's Republic of China.

Executives

Liu Ping	2202 Interest of your spouse
Mei Zefeng	2201 Interest of corporation controlled by you
Newrich Limited	2101 Beneficial owner
Star Century Corporate Limited	2101 Beneficial owner
Chang Zhou Dong Fang Xin Cheng Jian She You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Zhou Dong Fang Shui Wu Tou Zi Fa Zhan You Xian Gong Si	2201 Interest of corporation controlled by you
Jiang Su Chang Zhou Jing Ji Kai Fa Qu Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Xiang Gang Dong Fang Kong Gu Shi Ye You Xian Gong Si	2101 Beneficial owner

KangLi International Holdings Headlines

No Headlines