Cornerstone Technologies Holdings (HKSE:08391) Total Assets : HK$220.1 Mil (As of Dec. 2023)

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What is Cornerstone Technologies Holdings Total Assets?

Cornerstone Technologies Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$220.1 Mil.

During the past 12 months, Cornerstone Technologies Holdings's average Total Assets Growth Rate was 23.30% per year. During the past 3 years, the average Total Assets Growth Rate was 36.20% per year. During the past 5 years, the average Total Assets Growth Rate was 31.90% per year.

During the past 8 years, Cornerstone Technologies Holdings's highest 3-Year average Total Assets Growth Rate was 43.10%. The lowest was -13.40%. And the median was 35.50%.

Total Assets is connected with ROA %. Cornerstone Technologies Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -88.00%. Total Assets is also linked to Revenue through Asset Turnover. Cornerstone Technologies Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Cornerstone Technologies Holdings Total Assets Historical Data

The historical data trend for Cornerstone Technologies 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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Cornerstone Technologies Holdings Total Assets Chart

Cornerstone Technologies Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Total Assets

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116.57

126.70

170.01

170.08

220.14

Cornerstone Technologies Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															170.08	-	207.91	-	220.14

Cornerstone Technologies 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.

Cornerstone Technologies Holdings'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 )
	=	105.436	+	114.704
	=	220.1

Cornerstone Technologies 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 )
	=	105.436	+	114.704
	=	220.1

Cornerstone Technologies Holdings (HKSE:08391) Total Assets Explanation

Total Assets is connected with ROA %.

Cornerstone Technologies 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 )
	=	-193.728	/	( (0	+	220.14)	/ 1 )
	=	-193.728	/	220.14
	=	-88.00 %

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.

Cornerstone Technologies 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 )
=	26.183	/	( (0	+	220.14)	/ 1 )
=	26.183	/	220.14
=	0.12

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.

Cornerstone Technologies Holdings Total Assets Related Terms

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Cornerstone Technologies Holdings (HKSE:08391) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cornerstone Technologies Holdings Ltd (HKSE:08391) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG

Website

https://www.cstl.com.hk

Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider which principally engages in the provisions of printing, typesetting and translation services in Hong Kong. The group is also engaged in supplying EV integrated charging solutions, including central management system, hub for e-payment, load management system and license plate recognition system to electric vehicle and smart parking. It derives prime revenue from the Printing business.

Executives

Wu Jianwei	2101 Beneficial owner
Liang Zihao	2101 Beneficial owner
Global Fortune Global Limited	2101 Beneficial owner
Tanner Enterprises Group Limited	2201 Interest of corporation controlled by you
Glorytwin Limited	2101 Beneficial owner
Wu Yanyan	2101 Beneficial owner
Li Man Keung Edwin	2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited	2102 Investment manager
Gaw Growth Equity Fund I Gp Limited	2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp	2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd.	2201 Interest of corporation controlled by you
Lau Wai Yan Lawson	2101 Beneficial owner

Cornerstone Technologies Holdings (HKSE:08391) Headlines

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