M&L Holdings Group (HKSE:08152) Total Assets : HK$164.4 Mil (As of Jun. 2024)

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What is M&L Holdings Group Total Assets?

M&L Holdings Group's Total Assets for the quarter that ended in Jun. 2024 was HK$164.4 Mil.

During the past 3 years, the average Total Assets Growth Rate was -6.10% per year. During the past 5 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 9 years, M&L Holdings Group's highest 3-Year average Total Assets Growth Rate was 14.00%. The lowest was -6.10%. And the median was 1.15%.

Total Assets is connected with ROA %. M&L Holdings Group's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. M&L Holdings Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

M&L Holdings Group Total Assets Historical Data

The historical data trend for M&L Holdings Group'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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M&L Holdings Group Total Assets Chart

M&L Holdings Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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212.74

205.12

198.78

194.83

180.60

M&L Holdings Group 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															-	180.01	-	180.60	164.41

M&L Holdings Group 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.

M&L Holdings Group'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 )
	=	104.696	+	75.907
	=	180.6

M&L Holdings Group'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 )
	=	96.654	+	67.752
	=	164.4

M&L Holdings Group (HKSE:08152) Total Assets Explanation

Total Assets is connected with ROA %.

M&L Holdings Group'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	/	( (180.603	+	164.406)	/ 2 )
	=	0	/	172.5045
	=	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.

M&L Holdings Group'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	/	( (180.603	+	164.406)	/ 2 )
=	0	/	172.5045
=	0.00

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.

M&L Holdings Group Total Assets Related Terms

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M&L Holdings Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » M&L Holdings Group Ltd (HKSE:08152) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

17-19 Chatham Road South, 21st Floor, Empress Plaza, Tsimshatsui, Kowloon, Hong Kong, HKG

Website

https://www.mleng.com

M&L Holdings Group Ltd is an investment holding. The principal activities of the group are trading and lease of construction machinery and spare parts. It is segmented into Tunnelling and Foundation. The company generates maximum revenue from the Tunnelling segment. Its Tunnelling segment is engaged in the supply of specialised cutting tools and parts for construction equipment. The Foundation segment is engaged in the supply of fabricated construction steel works and equipment. Geographically, the organization has a business presence in Hong Kong, Singapore, and other Asia-Pacific countries, China and other countries, of which key revenue is generated from Hong Kong.

Executives

Cheung King
Ng Yuk Sheung
Jat United Company Limited
Law So Lin
Ng Lai Ming

M&L Holdings Group Headlines

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