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Hinng Group (International) Holding Co (HKSE:06893) Total Assets : HK$599.56 Mil (As of Sep. 2024)


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What is Hinng Group (International) Holding Co Total Assets?

Hinng Group (International) Holding Co's Total Assets for the quarter that ended in Sep. 2024 was HK$599.56 Mil.

During the past 12 months, Hinng Group (International) Holding Co's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was -6.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.00% per year. During the past 10 years, the average Total Assets Growth Rate was 21.20% per year.

During the past 11 years, Hinng Group (International) Holding Co's highest 3-Year average Total Assets Growth Rate was 103.40%. The lowest was -6.40%. And the median was 2.40%.

Total Assets is connected with ROA %. Hinng Group (International) Holding Co's annualized ROA % for the quarter that ended in Sep. 2024 was -6.36%. Total Assets is also linked to Revenue through Asset Turnover. Hinng Group (International) Holding Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.08.


Hinng Group (International) Holding Co Total Assets Historical Data

The historical data trend for Hinng Group (International) Holding Co'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.

Hinng Group (International) Holding Co Total Assets Chart

Hinng Group (International) Holding Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 634.81 711.82 693.77 618.28 587.85

Hinng Group (International) Holding Co Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 634.37 618.28 583.34 587.85 599.56

Hinng Group (International) Holding Co 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.

Hinng Group (International) Holding Co's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=209.331+378.523
=587.85

Hinng Group (International) Holding Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=198.833+400.727
=599.56

* 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.


Hinng Group (International) Holding Co  (HKSE:06893) Total Assets Explanation

Total Assets is connected with ROA %.

Hinng Group (International) Holding Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-37.746/( (587.854+599.56)/ 2 )
=-37.746/593.707
=-6.36 %

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

Hinng Group (International) Holding Co's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=46.214/( (587.854+599.56)/ 2 )
=46.214/593.707
=0.08

* 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.

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.

Hinng Group (International) Holding Co Total Assets Related Terms

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Hinng Group (International) Holding Co Business Description

Traded in Other Exchanges
N/A
Address
1 Science Museum Road, Unit 1213-1215, 12th Floor, Seapower Tower, Concordia Plaza, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Hin Sang Group (International) Holding Co Ltd is engaged in the marketing, selling, and manufacturing of children's healthcare products. It is also involved in developing its business in mother-infant Chinese medical healthcare as well as diagnosis and treatment services projects. Its business segments include Product Development, Brand Development and Management, Trading of Goods, and Healthcare segment. The group generates a majority of its revenue from the Product Development segment which develops and sells healthcare products, personal care products, and household products under its brand names. The company's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Executives
Kwan Lai Man 2101 Beneficial owner
Pang Siu Hin 2202 Interest of your spouse
Fullshare Holdings Limited 2201 Interest of corporation controlled by you
Ji Changqun 2201 Interest of corporation controlled by you
Magnolia Wealth International Limited 2201 Interest of corporation controlled by you
Viewforth Limited 2101 Beneficial owner

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