Victory Securities (Holdings) Co (HKSE:08540) Total Assets : HK$329.00 Mil (As of Jun. 2024)

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What is Victory Securities (Holdings) Co Total Assets?

Victory Securities (Holdings) Co's Total Assets for the quarter that ended in Jun. 2024 was HK$329.00 Mil.

During the past 3 years, the average Total Assets Growth Rate was -15.80% per year. During the past 5 years, the average Total Assets Growth Rate was -1.70% per year.

During the past 8 years, Victory Securities (Holdings) Co's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -15.80%. And the median was 5.40%.

Total Assets is connected with ROA %. Victory Securities (Holdings) Co's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Victory Securities (Holdings) Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Victory Securities (Holdings) Co Total Assets Historical Data

The historical data trend for Victory Securities (Holdings) Co'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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Victory Securities (Holdings) Co Total Assets Chart

Victory Securities (Holdings) Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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310.35

501.67

496.55

365.42

300.75

Victory Securities (Holdings) Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															-	326.64	-	300.75	329.00

Victory Securities (Holdings) Co 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.

Victory Securities (Holdings) Co'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 )
	=	163.103	+	137.651
	=	300.75

Victory Securities (Holdings) Co'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 )
	=	173.638	+	155.361
	=	329.00

Victory Securities (Holdings) Co (HKSE:08540) Total Assets Explanation

Total Assets is connected with ROA %.

Victory Securities (Holdings) Co'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	/	( (300.754	+	328.999)	/ 2 )
	=	0	/	314.8765
	=	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.

Victory Securities (Holdings) Co'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	/	( (300.754	+	328.999)	/ 2 )
=	0	/	314.8765
=	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.

Victory Securities (Holdings) Co Total Assets Related Terms

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Victory Securities (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Victory Securities (Holdings) Co Ltd (HKSE:08540) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Connaught Road West, Room 1101-3, 11th Floor, Yardley Commercial Building, Sheung Wan, Hong Kong, HKG

Website

https://www.victorysec.com.hk

Victory Securities (Holdings) Co Ltd is an investment holding company engaged in the businesses of securities futures insurance policies broking, placing and underwriting services and advising on securities services, financing services, asset management services, financial advisory services, and investment consultancy services in Hong Kong.. The company has five operating segments: Securities/ futures broking services; Financing services; Asset management services; Insurance consultancy services and Financial advisory services. It generates maximum revenue from the Securities/ futures broking services segment. The Group operates in Hong Kong and its revenue is derived from its operations in Hong Kong.

Executives

Chui Fan	2101 Beneficial owner
Kou Kuen	2101 Beneficial owner
Dr. Tt Kou's Family Company Limited	2101 Beneficial owner
Chan Pui Chuen	2101 Beneficial owner
Chan Ying Kit	2202 Interest of your spouse
Kou Luen	2101 Beneficial owner

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