Asia-Pac Financial Investment Co (HKSE:08193) Total Assets : HK$148.71 Mil (As of Sep. 2023)

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What is Asia-Pac Financial Investment Co Total Assets?

Asia-Pac Financial Investment Co's Total Assets for the quarter that ended in Sep. 2023 was HK$148.71 Mil.

During the past 12 months, Asia-Pac Financial Investment Co's average Total Assets Growth Rate was -21.00% per year. During the past 3 years, the average Total Assets Growth Rate was -21.90% per year. During the past 5 years, the average Total Assets Growth Rate was -21.90% per year. During the past 10 years, the average Total Assets Growth Rate was -2.40% per year.

During the past 13 years, Asia-Pac Financial Investment Co's highest 3-Year average Total Assets Growth Rate was 57.20%. The lowest was -24.90%. And the median was 18.60%.

Total Assets is connected with ROA %. Asia-Pac Financial Investment Co's annualized ROA % for the quarter that ended in Sep. 2023 was -18.16%. Total Assets is also linked to Revenue through Asset Turnover. Asia-Pac Financial Investment Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.05.

Asia-Pac Financial Investment Co Total Assets Historical Data

The historical data trend for Asia-Pac Financial Investment 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.

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Asia-Pac Financial Investment Co Total Assets Chart

Asia-Pac Financial Investment Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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378.28

250.48

275.73

197.41

161.96

Asia-Pac Financial Investment Co 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															223.83	-	161.96	-	148.71

Asia-Pac Financial Investment 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.

Asia-Pac Financial Investment Co'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 )
	=	83.275	+	78.682
	=	161.96

Asia-Pac Financial Investment Co'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 )
	=	67.513	+	81.196
	=	148.71

Asia-Pac Financial Investment Co (HKSE:08193) Total Assets Explanation

Total Assets is connected with ROA %.

Asia-Pac Financial Investment Co'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 )
	=	-27.004	/	( (0	+	148.709)	/ 1 )
	=	-27.004	/	148.709
	=	-18.16 %

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.

Asia-Pac Financial Investment Co'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 )
=	7.838	/	( (0	+	148.709)	/ 1 )
=	7.838	/	148.709
=	0.05

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.

Asia-Pac Financial Investment Co Total Assets Related Terms

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Asia-Pac Financial Investment Co (HKSE:08193) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Asia-Pac Financial Investment Co Ltd (HKSE:08193) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

6-8 Harbour Road, Room 304, 3rd Floor Shui On Centre, Wanchai, Hong Kong, HKG

Website

http://www.gca.com.hk

Asia-Pac Financial Investment Co Ltd is a Hong Kong-based company with four reporting segments. The asset advisory services and asset appraisal segment offers asset appraisal and advisory services for a wide range of asset classes, and it contributes the majority of revenue. The corporate services and consultancy segment offers advice to corporations in a wide range of areas, such as corporate governance and enterprise risk management. The media advertising segment offers media advertising business services. The financial services segment comprises financial credit services, trading and exchanging services, and consultancy or agency services.

Executives

Ip Kwok Kwong	2101 Beneficial owner
Brilliant One Holdings Limited	2101 Beneficial owner
Gc Holdings Limited	2201 Interest of corporation controlled by you
Laberie Holdings Limited	2101 Beneficial owner
Seec Media Group Limited	2201 Interest of corporation controlled by you
Zhong Ou Sheng Shi Zi Chan Guan Li Shang Hai You Xian Gong Si	2301 Trustee

Asia-Pac Financial Investment Co (HKSE:08193) Headlines

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