EFT Solutions Holdings (HKSE:08062) Total Assets : HK$151.4 Mil (As of Sep. 2023)

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What is EFT Solutions Holdings Total Assets?

EFT Solutions Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$151.4 Mil.

During the past 12 months, EFT Solutions Holdings's average Total Assets Growth Rate was -14.70% per year. During the past 3 years, the average Total Assets Growth Rate was -4.80% per year. During the past 5 years, the average Total Assets Growth Rate was -12.40% per year.

During the past 9 years, EFT Solutions Holdings's highest 3-Year average Total Assets Growth Rate was 141.30%. The lowest was -32.10%. And the median was 25.95%.

Total Assets is connected with ROA %. EFT Solutions Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 16.15%. Total Assets is also linked to Revenue through Asset Turnover. EFT Solutions Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.19.

EFT Solutions Holdings Total Assets Historical Data

The historical data trend for EFT Solutions 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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EFT Solutions Holdings Total Assets Chart

EFT Solutions Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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343.64

118.56

128.26

151.85

145.30

EFT Solutions Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															150.92	-	145.30	-	151.36

EFT Solutions 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.

EFT Solutions Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	124.953	+	20.35
	=	145.3

EFT Solutions Holdings's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	125.99	+	25.368
	=	151.4

EFT Solutions Holdings (HKSE:08062) Total Assets Explanation

Total Assets is connected with ROA %.

EFT Solutions Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	24.448	/	( (0	+	151.358)	/ 1 )
	=	24.448	/	151.358
	=	16.15 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

EFT Solutions Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	29.174	/	( (0	+	151.358)	/ 1 )
=	29.174	/	151.358
=	0.19

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.

EFT Solutions Holdings Total Assets Related Terms

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EFT Solutions Holdings (HKSE:08062) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » EFT Solutions Holdings Ltd (HKSE:08062) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

28-36 Kwai Fung Crescent, Workshops B1 & B3, 11th Floor, Yip Fung Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.eftsolutions.com

EFT Solutions Holdings Ltd is engaged in the sourcing of electronic fund transfer point-of-sale (EFT-POS) solution providers focusing on the sourcing of EFT-POS terminals and peripheral devices and the provision of EFT-POS system support services in Hong Kong. Its segments consist of Sales of hardware devices, System support and software solution services. The majority of the revenue is derived from the provision of system support, software solution services, POS software solutions services and embedded system solution services.

Executives

Lam Ching Man	2202 Interest of your spouse
Lo Chun Kit Andrew	2101 Beneficial owner
Lck Group Limited	2101 Beneficial owner

EFT Solutions Holdings (HKSE:08062) Headlines

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