Hong Fok (SGX:H30) Total Assets : S$3,696.2 Mil (As of Jun. 2024)

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What is Hong Fok Total Assets?

Hong Fok's Total Assets for the quarter that ended in Jun. 2024 was S$3,696.2 Mil.

During the past 12 months, Hong Fok's average Total Assets Growth Rate was 2.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.50% per year. During the past 10 years, the average Total Assets Growth Rate was 3.90% per year.

During the past 13 years, Hong Fok's highest 3-Year average Total Assets Growth Rate was 18.40%. The lowest was -9.40%. And the median was 4.90%.

Total Assets is connected with ROA %. Hong Fok's annualized ROA % for the quarter that ended in Jun. 2024 was 0.20%. Total Assets is also linked to Revenue through Asset Turnover. Hong Fok's Asset Turnover for the quarter that ended in Jun. 2024 was 0.01.

Hong Fok Total Assets Historical Data

The historical data trend for Hong Fok'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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Hong Fok Total Assets Chart

Hong Fok Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,469.67

3,421.60

3,467.01

3,576.04

3,665.23

Hong Fok Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															3,453.89	3,576.04	3,571.04	3,665.23	3,696.21

Hong Fok 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.

Hong Fok'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 )
	=	2893.731	+	771.499
	=	3,665.2

Hong Fok'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 )
	=	2903.817	+	792.397
	=	3,696.2

Hong Fok (SGX:H30) Total Assets Explanation

Total Assets is connected with ROA %.

Hong Fok'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 )
	=	7.266	/	( (3665.23	+	3696.214)	/ 2 )
	=	7.266	/	3680.722
	=	0.20 %

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.

Hong Fok'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 )
=	44.575	/	( (3665.23	+	3696.214)	/ 2 )
=	44.575	/	3680.722
=	0.01

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.

Hong Fok Total Assets Related Terms

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Hong Fok Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Hong Fok Corp Ltd (SGX:H30) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Beach Road, No. 41-00, The Concourse, Singapore, SGP, 199555

Website

http://www.hongfok.com.sg

Hong Fok Corp Ltd is an investment holding company. Its principal activities consist of investment, property development, and construction, property management, investment trading, provision of horticultural services and investment holding and management. The company has three reportable segments: Property investment - which includes investments in investment properties; Property development and construction - which develops retail and residential units, including the sale of residential units, and construction of a hotel; and Property management - which provides maintenance and management services. It generates most of its revenue from the Property investment segment.

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