Min Fu International Holding (HKSE:08511) Total Assets : HK$71.80 Mil (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Min Fu International Holding Total Assets?

Min Fu International Holding's Total Assets for the quarter that ended in Sep. 2023 was HK$71.80 Mil.

During the past 12 months, Min Fu International Holding's average Total Assets Growth Rate was -19.90% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year.

During the past 8 years, Min Fu International Holding's highest 3-Year average Total Assets Growth Rate was 84.90%. The lowest was -4.50%. And the median was 17.40%.

Total Assets is connected with ROA %. Min Fu International Holding's annualized ROA % for the quarter that ended in Sep. 2023 was -7.19%. Total Assets is also linked to Revenue through Asset Turnover. Min Fu International Holding's Asset Turnover for the quarter that ended in Sep. 2023 was 0.16.

Min Fu International Holding Total Assets Historical Data

The historical data trend for Min Fu International Holding'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.

Min Fu International Holding Total Assets Chart

Min Fu International Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

Get a 7-Day Free Trial

70.00

79.27

88.78

71.76

61.95

Min Fu International Holding 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															74.26	-	61.95	-	71.80

Min Fu International Holding 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.

Min Fu International Holding'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 )
	=	29.898	+	32.05
	=	61.95

Min Fu International Holding'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 )
	=	43.312	+	28.487
	=	71.80

Min Fu International Holding (HKSE:08511) Total Assets Explanation

Total Assets is connected with ROA %.

Min Fu International Holding'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 )
	=	-5.16	/	( (0	+	71.799)	/ 1 )
	=	-5.16	/	71.799
	=	-7.19 %

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.

Min Fu International Holding'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 )
=	11.739	/	( (0	+	71.799)	/ 1 )
=	11.739	/	71.799
=	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.

Min Fu International Holding Total Assets Related Terms

Thank you for viewing the detailed overview of Min Fu International Holding's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Min Fu International Holding (HKSE:08511) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Min Fu International Holding Ltd (HKSE:08511) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Room 1, 16/F, Financial Centre, 22 Taizi Road, Nanshan district, Shenzhen, CHN

Website

http://www.minfuintl.com

Min Fu International Holding Ltd is an investment holding company. The company is engaged in the provision of smart manufacturing solution provider focusing on precision 3D testing solutions and precision machining solutions in China. It generates maximum revenue from Precision 3D testing solutions. The company products portfolio includes Non-contact optical measurement and Non-contact three-dimensional dynamic measurement.

Executives

Huang Minzhi	2101 Beneficial owner
Huang Minfu	2101 Beneficial owner
Ho Chun Kit Gregory	2201 Interest of corporation controlled by you
Tecway Technology Limited	2101 Beneficial owner
Ifg Swans Holding Ltd.	2101 Beneficial owner
Wu Di	2201 Interest of corporation controlled by you
Theia Vision Capital Limited	2101 Beneficial owner
Theia Vision Capital Limited	2101 Beneficial owner

Min Fu International Holding (HKSE:08511) Headlines

No Headlines