Zhi Sheng Group Holdings (HKSE:08370) Total Assets : HK$175.58 Mil (As of Dec. 2023)

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What is Zhi Sheng Group Holdings Total Assets?

Zhi Sheng Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$175.58 Mil.

During the past 12 months, Zhi Sheng Group Holdings's average Total Assets Growth Rate was -37.10% per year. During the past 3 years, the average Total Assets Growth Rate was 0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 4.50% per year.

During the past 9 years, Zhi Sheng Group Holdings's highest 3-Year average Total Assets Growth Rate was 20.80%. The lowest was -5.50%. And the median was 0.30%.

Total Assets is connected with ROA %. Zhi Sheng Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -13.93%. Total Assets is also linked to Revenue through Asset Turnover. Zhi Sheng Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

Zhi Sheng Group Holdings Total Assets Historical Data

The historical data trend for Zhi Sheng Group 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.

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Zhi Sheng Group Holdings Total Assets Chart

Zhi Sheng Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Jun22

Jun23

Total Assets

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202.57

212.22

314.49

316.27

190.41

Zhi Sheng Group Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															254.63	-	190.41	-	175.58

Zhi Sheng Group 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.

Zhi Sheng Group Holdings's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	51.789	+	138.617
	=	190.41

Zhi Sheng Group Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	41.311	+	134.267
	=	175.58

Zhi Sheng Group Holdings (HKSE:08370) Total Assets Explanation

Total Assets is connected with ROA %.

Zhi Sheng Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-24.456	/	( (0	+	175.578)	/ 1 )
	=	-24.456	/	175.578
	=	-13.93 %

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

Zhi Sheng Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	27.883	/	( (0	+	175.578)	/ 1 )
=	27.883	/	175.578
=	0.16

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.

Zhi Sheng Group Holdings Total Assets Related Terms

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Zhi Sheng Group Holdings (HKSE:08370) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Zhi Sheng Group Holdings Ltd (HKSE:08370) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

222 Tianren Road, 3rd Floor, Gaoxin District, Sichuan Province, Chengdu, CHN

Website

https://www.qtbgjj.com

Zhi Sheng Group Holdings Ltd is an investment holding company. It is engaged in the manufacturing and selling of office furniture products. The segments of the group are the Office furniture segment, the Buildout management service segment and the Data centre segment. It generates the majority of its revenue from the Office furniture segment. The group carries out its business operations principally in the PRC.

Executives

Ma Gary Ming Fai	2201 Interest of corporation controlled by you
Sun Universal Limited	2101 Beneficial owner
Billion Eggs Limited	2101 Beneficial owner
Sardjono Grace Wahyuni	2201 Interest of corporation controlled by you
Fang Yan Zau Alexander	2201 Interest of corporation controlled by you
Rock Link Limited	2101 Beneficial owner
Brilliant Talent Global Limited	2101 Beneficial owner
Yi Cong	2202 Interest of your spouse
Zhang Gui Hong	2201 Interest of corporation controlled by you
Even Joy Holdings Limited	2101 Beneficial owner
Hung Kwong Yee	2201 Interest of corporation controlled by you
Tsoi Tak
Lai Ningning	2101 Beneficial owner

Zhi Sheng Group Holdings (HKSE:08370) Headlines

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