Gaoyu Finance Group (HKSE:08221) Total Assets : HK$263.72 Mil (As of Sep. 2024)

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What is Gaoyu Finance Group Total Assets?

Gaoyu Finance Group's Total Assets for the quarter that ended in Sep. 2024 was HK$263.72 Mil.

During the past 12 months, Gaoyu Finance Group's average Total Assets Growth Rate was 55.70% per year. During the past 3 years, the average Total Assets Growth Rate was 23.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.20% per year.

During the past 9 years, Gaoyu Finance Group's highest 3-Year average Total Assets Growth Rate was 23.30%. The lowest was -21.70%. And the median was -5.95%.

Total Assets is connected with ROA %. Gaoyu Finance Group's annualized ROA % for the quarter that ended in Sep. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Gaoyu Finance Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.00.

Gaoyu Finance Group Total Assets Historical Data

The historical data trend for Gaoyu Finance 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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Gaoyu Finance Group Total Assets Chart

Gaoyu Finance Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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299.90

226.87

199.47

197.16

229.29

Gaoyu Finance Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															197.16	-	188.51	229.29	263.72

Gaoyu Finance 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.

Gaoyu Finance Group'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 )
	=	153.895	+	75.396
	=	229.29

Gaoyu Finance Group'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 )
	=	148.679	+	115.04
	=	263.72

Gaoyu Finance Group (HKSE:08221) Total Assets Explanation

Total Assets is connected with ROA %.

Gaoyu Finance Group'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 )
	=	0	/	( (229.291	+	263.719)	/ 2 )
	=	0	/	246.505
	=	0.00 %

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

Gaoyu Finance Group'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 )
=	0	/	( (229.291	+	263.719)	/ 2 )
=	0	/	246.505
=	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.

Gaoyu Finance Group Total Assets Related Terms

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Gaoyu Finance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gaoyu Finance Group Ltd (HKSE:08221) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

183 Queen’s Road Central, Room 4409, 44th Floor, COSCO Tower, Hong Kong, HKG

Website

https://www.gyf.com.hk

Gaoyu Finance Group Ltd is an investment holding company. The company's operating segment includes Securities dealing and brokerage services; Placing and underwriting services; Financing services; Asset management services; Supply chain financing; Trust services; and Advisory and restructuring services. It operates in Hong Kong and its revenue is derived from its operations in Hong Kong.

Executives

Chance Wise Investments Limited	2101 Beneficial owner
Fok Yuk Tong	2201 Interest of corporation controlled by you
Hsieh Ching Chun	2201 Interest of corporation controlled by you
Mega Wise Group Limited	2101 Beneficial owner
Chow Nim Pui	2202 Interest of your spouse
Lee Chun Pong Bruce	2201 Interest of corporation controlled by you

Gaoyu Finance Group Headlines

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