Top Standard (HKSE:08510) Total Assets : HK$14.61 Mil (As of Jun. 2024)

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What is Top Standard Total Assets?

Top Standard's Total Assets for the quarter that ended in Jun. 2024 was HK$14.61 Mil.

During the past 3 years, the average Total Assets Growth Rate was 18.80% per year. During the past 5 years, the average Total Assets Growth Rate was -25.90% per year.

During the past 9 years, Top Standard's highest 3-Year average Total Assets Growth Rate was 57.50%. The lowest was -47.90%. And the median was -28.20%.

Total Assets is connected with ROA %. Top Standard's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Top Standard's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Top Standard Total Assets Historical Data

The historical data trend for Top Standard'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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Top Standard Total Assets Chart

Top Standard Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Dec24

Total Assets

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8.98

16.71

10.11

15.47

6.41

Top Standard Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															8.93	-	15.47	14.61	6.41

Top Standard 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.

Top Standard'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 )
	=	-8.269	+	23.741
	=	15.47

Top Standard's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	-12.31	+	26.916
	=	14.61

Top Standard (HKSE:08510) Total Assets Explanation

Total Assets is connected with ROA %.

Top Standard's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	0	/	( (15.472	+	14.606)	/ 2 )
	=	0	/	15.039
	=	0.00 %

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

Top Standard's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	0	/	( (15.472	+	14.606)	/ 2 )
=	0	/	15.039
=	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.

Top Standard Total Assets Related Terms

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Top Standard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Top Standard Corp (HKSE:08510) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Hung To Road, Unit 3C, 3rd Floor, Yue Xiu Industrial Building, Kwun Tong, Kowloon, HKG

Website

https://www.topstandard.com.hk

Top Standard Corp is an investment holding company and the Group is a restaurant group that operates restaurants and bars in Hong Kong and South-east Asia and online sales of wines. The group has two operating and reportable segments: catering service and online sales of wines. The group has been operating new restaurants Sushi MEW (Hong Kong) and Sushi MEW (Singapore). The company derives the majority of its revenue from food catering services which include food and beverage served. The group operates in Hong Kong, Malaysia, and Singapore. It generates the majority of its revenue from Hong Kong.

Executives

Jss Group Corporation
Chuk Stanley
Lazarus Securities Pty Ltd
Axis Motion Limited	2101 Beneficial owner
Focus Dynamics Group Berhad
Lau Wing Kee	2201 Interest of corporation controlled by you

Top Standard Headlines

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