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Shenghua Lande Scitech (HKSE:08106) Total Assets : HK$80.2 Mil (As of Jun. 2024)


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What is Shenghua Lande Scitech Total Assets?

Shenghua Lande Scitech's Total Assets for the quarter that ended in Jun. 2024 was HK$80.2 Mil.

During the past 3 years, the average Total Assets Growth Rate was -9.30% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, Shenghua Lande Scitech's highest 3-Year average Total Assets Growth Rate was 82.70%. The lowest was -49.70%. And the median was -8.45%.

Total Assets is connected with ROA %. Shenghua Lande Scitech's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Shenghua Lande Scitech's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Shenghua Lande Scitech Total Assets Historical Data

The historical data trend for Shenghua Lande Scitech'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.

Shenghua Lande Scitech Total Assets Chart

Shenghua Lande Scitech Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.52 169.13 214.86 138.83 95.32

Shenghua Lande Scitech Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - 121.83 - 95.32 80.22

Shenghua Lande Scitech 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.

Shenghua Lande Scitech'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 )
=59.328+35.99
=95.3

Shenghua Lande Scitech'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 )
=49.867+30.356
=80.2

* 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.


Shenghua Lande Scitech  (HKSE:08106) Total Assets Explanation

Total Assets is connected with ROA %.

Shenghua Lande Scitech'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 )
=0/( (95.317+80.223)/ 2 )
=0/87.77
=0.00 %

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

Shenghua Lande Scitech'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 )
=0/( (95.317+80.223)/ 2 )
=0/87.77
=0.00

* 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.

Shenghua Lande Scitech Total Assets Related Terms

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Shenghua Lande Scitech Business Description

Traded in Other Exchanges
N/A
Address
239 Shuanglong Street, 11th Floor, Building 1, Xitou Innocentre, Xihu District, Zhejiang Province, Hangzhou, CHN
Shenghua Lande Scitech Ltd is principally engaged in the trading of hardware and computer software and investment holding. The company operates in various segments that include the provision of smart city solutions, the provision of e-commerce operation solution services, and the trading of hardware and computer software. The majority of its revenue is generated from the trading of hardware and computer software segment. All of the company's revenue is generated from the People's Republic of China.
Executives
Qian Xiaomei 2202 Interest of your spouse
Xia Shilin 2201 Interest of corporation controlled by you
Fong For 2101 Beneficial owner
Sheng Yang You Xian Gong Si 2101 Beneficial owner
De Qing Hui Sheng Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Zhe Jiang Sheng Hua Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
He Yan 2202 Interest of your spouse
Zhang Xuguang 2101 Beneficial owner

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