Sundy Service Group Co (HKSE:09608) Total Assets : HK$594.7 Mil (As of Jun. 2024)

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What is Sundy Service Group Co Total Assets?

Sundy Service Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$594.7 Mil.

Warning Sign:

If a company builds assets at 38.5% a year, faster than its revenue growth rate of 12.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Sundy Service Group Co's average Total Assets Growth Rate was 11.40% per year. During the past 3 years, the average Total Assets Growth Rate was 51.90% per year. During the past 5 years, the average Total Assets Growth Rate was 38.50% per year.

During the past 7 years, Sundy Service Group Co's highest 3-Year average Total Assets Growth Rate was 75.50%. The lowest was 20.20%. And the median was 44.90%.

Total Assets is connected with ROA %. Sundy Service Group Co's annualized ROA % for the quarter that ended in Jun. 2024 was 1.89%. Total Assets is also linked to Revenue through Asset Turnover. Sundy Service Group Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.21.

Sundy Service Group Co Total Assets Historical Data

The historical data trend for Sundy Service Group 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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Sundy Service Group Co Total Assets Chart

Sundy Service Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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239.97

333.30

597.62

591.83

615.10

Sundy Service Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								617.06	591.83	578.63	615.10	594.70

Sundy Service Group 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.

Sundy Service Group 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 )
	=	429.362	+	185.736
	=	615.1

Sundy Service Group 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 )
	=	426.57	+	168.13
	=	594.7

Sundy Service Group Co (HKSE:09608) Total Assets Explanation

Total Assets is connected with ROA %.

Sundy Service Group 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 )
	=	11.432	/	( (615.097	+	594.7)	/ 2 )
	=	11.432	/	604.8985
	=	1.89 %

Note: The Net Income data used here is two times the semi-annual (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.

Sundy Service Group 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 )
=	126.604	/	( (615.097	+	594.7)	/ 2 )
=	126.604	/	604.8985
=	0.21

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.

Sundy Service Group Co Total Assets Related Terms

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Sundy Service Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Sundy Service Group Co Ltd (HKSE:09608) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

127, Hanghai Road, Jianggan district, Zhejiang province, Hangzhou, CHN

Website

https://www.songdufuwu.com

Sundy Service Group Co Ltd through its subsidiaries is principally engaged in property development and sales of properties. The company's Property management services primarily consist of security, cleaning, gardening, repair and maintenance of common areas and common facilities and ancillary services. The portfolio of the Group's managed properties comprises residential properties and non-residential properties. Its segments include Property management services and the corresponding value-added services; Hotel business services; and Long-term rental apartment business. The company's majority of the revenue is generated from property management services.

Executives

Antopex Limited	2306 Nominee for another person
Cmb Wing Lung (trustee) Limited	2301 Trustee
Wang Xiangyu	2201 Interest of corporation controlled by you
Lin Mingqing	2201 Interest of corporation controlled by you
Dong Nan Ming Qing Gong Ying Lian Xia Men You Xian Gong Si	2201 Interest of corporation controlled by you
Dong Nan Ming Qing Gong Ying Lian Fu Yang You Xian Gong Si	2201 Interest of corporation controlled by you
Yu Jianwu	2307 Founder of a discretionary trust who can infl
Shang Hai Ming Jin Guo Ji Mao Yi You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Ming Jin Xin Neng Yuan Kai Fa You Xian Gong Si	2201 Interest of corporation controlled by you
Fu Yang Ming Jin Xin Neng Yuan Kai Fa You Xian Gong Si	2101 Beneficial owner
Shun Ji Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Song Dou He Ye You Xian Gong Si	2101 Beneficial owner
Yu Jian Wu

Sundy Service Group Co Headlines

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