ANE (Cayman) (HKSE:09956) Total Assets : HK$6,206 Mil (As of Jun. 2023)

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What is ANE (Cayman) Total Assets?

ANE (Cayman)'s Total Assets for the quarter that ended in Jun. 2023 was HK$6,206 Mil.

During the past 12 months, ANE (Cayman)'s average Total Assets Growth Rate was -20.70% per year. During the past 3 years, the average Total Assets Growth Rate was 21.00% per year.

During the past 6 years, ANE (Cayman)'s highest 3-Year average Total Assets Growth Rate was 28.70%. The lowest was 21.00%. And the median was 24.85%.

Total Assets is connected with ROA %. ANE (Cayman)'s annualized ROA % for the quarter that ended in Jun. 2023 was 5.48%. Total Assets is also linked to Revenue through Asset Turnover. ANE (Cayman)'s Asset Turnover for the quarter that ended in Jun. 2023 was 0.78.

ANE (Cayman) Total Assets Historical Data

The historical data trend for ANE (Cayman)'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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ANE (Cayman) Total Assets Chart

ANE (Cayman) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,907.78

4,398.89

7,757.72

6,511.82

6,318.82

ANE (Cayman) Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				7,757.72	7,418.97	6,511.82	6,206.00	6,318.82

ANE (Cayman) 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.

ANE (Cayman)'s Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	2792.537	+	3719.281
	=	6,512

ANE (Cayman)'s Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	2958.416	+	3247.585
	=	6,206

ANE (Cayman) (HKSE:09956) Total Assets Explanation

Total Assets is connected with ROA %.

ANE (Cayman)'s annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	348.664	/	( (6511.818	+	6206.001)	/ 2 )
	=	348.664	/	6358.9095
	=	5.48 %

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

ANE (Cayman)'s Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	4976.873	/	( (6511.818	+	6206.001)	/ 2 )
=	4976.873	/	6358.9095
=	0.78

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.

ANE (Cayman) Total Assets Related Terms

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ANE (Cayman) (HKSE:09956) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ANE (Cayman) Inc (HKSE:09956) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

999 Huaxu Road, 8th Floor, Block B, E Linke World North District, Xujing Town, Qingpu District, Shanghai, CHN

Website

https://www.ane56.com

ANE (Cayman) Inc is a express freight network in China's less-than-truckload market. The Company mainly provide transportation services, value-added services and dispatch services to their freight partners, direct customers The company's business has one single operating segment namely provision of transportation and related services.

Executives

Qin Xinghua	2101 Beneficial owner
Wang Yongjun	2201 Interest of corporation controlled by you
Liu Haiyan	2501 Other
Zhu Jianhui	2501 Other
Advance Step Holdings Limited	2201 Interest of corporation controlled by you
Centurium Capital Partners 2018, L.p.	2201 Interest of corporation controlled by you
Topaz Gem Investment Holdings Limited	2101 Beneficial owner
Cdf Ane Limited	2501 Other
Max Choice Ventures Limited	2101 Beneficial owner
Trident Trust Company (hk) Limited	2301 Trustee

ANE (Cayman) (HKSE:09956) Headlines

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