Powerlong Commercial Management Holdings (HKSE:09909) Total Assets : HK$6,570 Mil (As of Jun. 2024)

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What is Powerlong Commercial Management Holdings Total Assets?

Powerlong Commercial Management Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$6,570 Mil.

Warning Sign:

If a company builds assets at 12.5% a year, faster than its revenue growth rate of 11.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Powerlong Commercial Management Holdings's average Total Assets Growth Rate was 13.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.30% per year. During the past 5 years, the average Total Assets Growth Rate was 12.50% per year.

During the past 9 years, Powerlong Commercial Management Holdings's highest 3-Year average Total Assets Growth Rate was 54.90%. The lowest was -36.20%. And the median was -10.50%.

Total Assets is connected with ROA %. Powerlong Commercial Management Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was 6.59%. Total Assets is also linked to Revenue through Asset Turnover. Powerlong Commercial Management Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.23.

Powerlong Commercial Management Holdings Total Assets Historical Data

The historical data trend for Powerlong Commercial Management 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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Powerlong Commercial Management Holdings Total Assets Chart

Powerlong Commercial Management Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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5,358.66

6,211.00

5,821.73

6,139.53

6,449.28

Powerlong Commercial Management Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial											5,821.73	5,884.50	6,139.53	6,570.36	6,449.28

Powerlong Commercial Management 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.

Powerlong Commercial Management 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 )
	=	3344.272	+	2795.26
	=	6,140

Powerlong Commercial Management Holdings'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 )
	=	3519.47	+	3050.889
	=	6,570

Powerlong Commercial Management Holdings (HKSE:09909) Total Assets Explanation

Total Assets is connected with ROA %.

Powerlong Commercial Management Holdings'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 )
	=	418.786	/	( (6139.532	+	6570.359)	/ 2 )
	=	418.786	/	6354.9455
	=	6.59 %

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.

Powerlong Commercial Management Holdings'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 )
=	1434.97	/	( (6139.532	+	6570.359)	/ 2 )
=	1434.97	/	6354.9455
=	0.23

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.

Powerlong Commercial Management Holdings Total Assets Related Terms

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Powerlong Commercial Management Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Powerlong Commercial Management Holdings Ltd (HKSE:09909) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

1399 Xinzhen Road, Powerlong Tower, Minhang District, Shanghai, CHN, 201101

Website

https://www.powerlongcm.com

Powerlong Commercial Management Holdings Ltd is a commercial operation service provider in China. The company provides commercial operation services for developers, tenants, and owners of retail commercial properties. It operates through two segments: Commercial operational services and Residential property management services. Commercial operational services provide full-chain services including positioning, tenant sourcing, opening, and operation to management concerning shopping malls and shopping streets; Property management services, for residential properties, office buildings, and serviced apartments. Its commercial operational services are provided under four brands, namely Powerlong One Mall, Powerlong City, Powerlong Plaza, and Powerlong Land.

Executives

Hoi Kin Hong
Skylong Family Limited	2201 Interest of corporation controlled by you
Tmf (cayman) Ltd.	2301 Trustee
Hoi Wa Fong	2201 Interest of corporation controlled by you
Huihong Management (ptc) Limited
Shih Sze Ni Cecilia	2202 Interest of your spouse
Powerlong Real Estate (bvi) Holdings Limited
Powerlong Real Estate Holdings Limited
Skylong Holdings Limited
Wong Lai Chan

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