Wealth Glory Holdings (HKSE:08269) Total Assets : HK$80.05 Mil (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Wealth Glory Holdings Total Assets?

Wealth Glory Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$80.05 Mil.

During the past 12 months, Wealth Glory Holdings's average Total Assets Growth Rate was -11.30% per year. During the past 3 years, the average Total Assets Growth Rate was -16.70% per year. During the past 5 years, the average Total Assets Growth Rate was -14.50% per year. During the past 10 years, the average Total Assets Growth Rate was -8.70% per year.

During the past 13 years, Wealth Glory Holdings's highest 3-Year average Total Assets Growth Rate was 99.30%. The lowest was -21.50%. And the median was -6.50%.

Total Assets is connected with ROA %. Wealth Glory Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -14.71%. Total Assets is also linked to Revenue through Asset Turnover. Wealth Glory Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.06.

Wealth Glory Holdings Total Assets Historical Data

The historical data trend for Wealth Glory 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.

* Premium members only.

Wealth Glory Holdings Total Assets Chart

Wealth Glory Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

141.36

129.85

99.90

76.51

79.85

Wealth Glory 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															85.08	-	79.85	-	80.05

Wealth Glory 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.

Wealth Glory 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 )
	=	41.53	+	38.319
	=	79.85

Wealth Glory 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 )
	=	37.837	+	42.209
	=	80.05

Wealth Glory Holdings (HKSE:08269) Total Assets Explanation

Total Assets is connected with ROA %.

Wealth Glory 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 )
	=	-11.772	/	( (0	+	80.046)	/ 1 )
	=	-11.772	/	80.046
	=	-14.71 %

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.

Wealth Glory 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 )
=	5.106	/	( (0	+	80.046)	/ 1 )
=	5.106	/	80.046
=	0.06

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.

Wealth Glory Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Wealth Glory Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Wealth Glory Holdings (HKSE:08269) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Wealth Glory Holdings Ltd (HKSE:08269) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Queen’s Road Central, Room 1104, Crawford House, Central, Hong Kong, HKG, +852 2548-1838

Website

http://www.wealthglory.com

Wealth Glory Holdings Ltd is engaged in the trading of natural resources and commodities. The company operates through four segments. The Natural resources and commodities segment is involved in the trading of natural resources and commodities, including iron ore concentrates, coal, and crude palm oil. The Money lending segment includes interest income from the money lending business. The Securities investment segment is involved in the investment in securities in Hong Kong. The Trading of Consumer Products segment is involved in the trading of trendy fashion merchandise and other consumer products. Its geographical segments are Hong Kong and China, of which the majority of its revenue comes from China. In the company's Securities Investment segment company is focuses on listed securities.

Executives

Shan Zumao

2202 Interest of your spouse

Wealth Glory Holdings (HKSE:08269) Headlines

No Headlines