Activation Group Holdings (HKSE:09919) Total Liabilities: HK$330.8 Mil (As of Dec. 2025)

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HKSE:09919 Activation Group Holdings Ltd HKSE:09919
81 GF Score
Price HK$0.77
GF Value HK$1.26
Valuation Possible Value Trap
! 3 Warning Signs
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What is Activation Group Holdings Total Liabilities?

Activation Group Holdings HKSE:09919 -0.65% 81 Total Liabilities is HK$330.8 Mil as of Dec. 2025. GuruFocus rates HKSE:09919 with a GF Score™ of 81/100 and a GF Value™ of HK$1.26 (Possible Value Trap). The stock has 3 warning signs investors should review.

Activation Group Holdings's Total Liabilities for the quarter that ended in Dec. 2025 was HK$330.8 Mil.

Activation Group Holdings's quarterly Total Liabilities declined from Dec. 2024 (HK$410.80 Mil) to Jun. 2025 (HK$285.83 Mil) but then increased from Jun. 2025 (HK$285.83 Mil) to Dec. 2025 (HK$330.82 Mil).

Activation Group Holdings's annual Total Liabilities declined from Dec. 2023 (HK$476.26 Mil) to Dec. 2024 (HK$410.80 Mil) and declined from Dec. 2024 (HK$410.80 Mil) to Dec. 2025 (HK$330.82 Mil).

Activation Group Holdings Total Liabilities Historical Data

* Premium members only.

The historical data trend for Activation Group Holdings's Total Liabilities 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.

Activation Group Holdings Total Liabilities Chart

Activation Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 351.21 399.40 476.26 410.80 330.82

Activation Group Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 476.26 295.14 410.80 285.83 330.82
HKSE:09919
81GF Score
Activation Group Holdings Ltd HKSE:09919
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Activation Group Holdings Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Activation Group Holdings's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=321.19+(6.142+3.486
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=330.8

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=728.469-397.651
=330.8

Activation Group Holdings's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=321.19+(6.142+3.486
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=330.8

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=728.469-397.651
=330.8

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of HK$330.8 Mil mean?
Activation Group Holdings (HKSE:09919) has a Total Liabilities of HK$330.8 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Activation Group Holdings and its competitors.
Is Activation Group Holdings' Total Liabilities too high?
Activation Group Holdings' current Total Liabilities is HK$330.8 Mil. Overall, Activation Group Holdings has a GF Score™ of 81/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Activation Group Holdings' Total Liabilities compare to APP and OMC?
Activation Group Holdings' Total Liabilities of HK$330.8 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Media - Diversified company?
A good Total Liabilities depends on the Media - Diversified industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Activation Group Holdings and its competitors. Activation Group Holdings's current Total Liabilities is HK$330.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Activation Group Holdings stock overvalued right now?
Based on GuruFocus' analysis, Activation Group Holdings (HKSE:09919) is currently considered Possible Value Trap. The stock's GF Value™ is HK$1.26, compared to a current price of HK$0.77 — trading 38.9% below its estimated fair value. The current Total Liabilities is HK$330.8 Mil. Activation Group Holdings' overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Activation Group Holdings (HKSE:09919), the current Total Liabilities is HK$330.8 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Activation Group Holdings (HKSE:09919) Overvalued in 2026?

Based on GuruFocus' analysis, Activation Group Holdings stock appears to be undervalued. The current stock price of HK$0.77 is trading 38.9% below its estimated GF Value™ of HK$1.26. GuruFocus considers Activation Group Holdings to be Possible Value Trap.

Key valuation signals for HKSE:09919:

  • Total Liabilities: HK$330.8 Mil
  • GF Value™: HK$1.26 vs. price of HK$0.77 (38.9% below fair value)
  • GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the HKSE:09919 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Activation Group Holdings Business Description

Address No. 399A Liu Zhou Road, 8th Floor, Hengdi Cang International Building, Xuhui District, Shanghai, CHN, 200235
Activation Group Holdings Ltd is an integrated marketing solutions provider. The company focuses on the provision of experiential marketing, digital and brand communication, and public relations services. Its operating segment includes Experiential marketing services, Digital and communication services, and IP development. The company generates maximum revenue from Experiential marketing services. Geographically, it derives a majority of revenue from Chinese Mainland and also has a presence in Hong Kong/Singapore.
81GF Score

Get the complete analysis for HKSE:09919

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

HK$0.77
Price
HK$1.26
GF Value