Lai Fung Holdings's Total Assets for the quarter that ended in Jan. 2024 was $3,730.91 Mil.
During the past 12 months, Lai Fung Holdings's average Total Assets Growth Rate was -8.30% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was 1.70% per year.
During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.
During the past 13 years, Lai Fung Holdings's highest 3-Year average Total Assets Growth Rate was 21.70%. The lowest was -9.30%. And the median was 7.30%.
The historical data trend for Lai Fung 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.
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.
Lai Fung Holdings's Total Assets for the fiscal year that ended in Jul. 2023 is calculated as
* 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.
Lai Fung Holdings (OTCPK:LNGHY) Total Assets Explanation
Note:
The Net Income data used here is two times the semi-annual (Jan. 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.
Lai Fung Holdings's Asset Turnover for the quarter that ended in Jan. 2024 is
* 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.
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.
Lai Fung Holdings Total Assets Related Terms
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Lai Fung Holdings (Lai Fung Holdings) Business Description
Lai Fung Holdings Ltd is an investment holding company. The company's operating segment includes Property development; Property investment; Hotel and serviced apartment operation and Theme park operation. It generates maximum revenue from the Property development segment. The property development segment engages in the development of properties for sale in Mainland China. Geographically, the company generates a majority of its revenue from Mainland China.
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