Fosun Tourism Group (HKSE:01992) Total Assets : HK$42,245 Mil (As of Dec. 2023)

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What is Fosun Tourism Group Total Assets?

Fosun Tourism Group's Total Assets for the quarter that ended in Dec. 2023 was HK$42,245 Mil.

During the past 12 months, Fosun Tourism Group's average Total Assets Growth Rate was -0.30% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 9 years, Fosun Tourism Group's highest 3-Year average Total Assets Growth Rate was 22.90%. The lowest was -2.60%. And the median was 8.20%.

Total Assets is connected with ROA %. Fosun Tourism Group's annualized ROA % for the quarter that ended in Dec. 2023 was -0.85%. Total Assets is also linked to Revenue through Asset Turnover. Fosun Tourism Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Fosun Tourism Group Total Assets Historical Data

The historical data trend for Fosun Tourism Group'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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Fosun Tourism Group Total Assets Chart

Fosun Tourism Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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40,952.46

45,860.35

45,538.19

42,357.01

42,244.86

Fosun Tourism Group Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											45,538.19	43,052.71	42,357.01	42,818.15	42,244.86

Fosun Tourism Group 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.

Fosun Tourism Group'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 )
	=	2603.522	+	39641.333
	=	42,245

Fosun Tourism Group's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2603.522	+	39641.333
	=	42,245

Fosun Tourism Group (HKSE:01992) Total Assets Explanation

Total Assets is connected with ROA %.

Fosun Tourism Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-360.162	/	( (42818.152	+	42244.855)	/ 2 )
	=	-360.162	/	42531.5035
	=	-0.85 %

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

Fosun Tourism Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	9026.983	/	( (42818.152	+	42244.855)	/ 2 )
=	9026.983	/	42531.5035
=	0.21

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.

Fosun Tourism Group Total Assets Related Terms

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Fosun Tourism Group (HKSE:01992) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fosun Tourism Group (HKSE:01992) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

6T8:Germany

Address

3 Garden Road, Room 808 & 2101-06, ICBC Tower, Central, Hong Kong, HKG, 210010

Website

http://www.fosunholiday.com

Fosun Tourism Group is primarily engaged in providing pioneering and family-focused tourism and leisure solutions. The principal business activities of the group are resort; tourism destinations; and services and solutions in various tourism and leisure settings.

Executives

Fosun Holdings Limited	2201 Interest of corporation controlled by you
Fosun International Holdings Ltd.	2201 Interest of corporation controlled by you
Guo Guangchang	2201 Interest of corporation controlled by you
Fosun International Limited	2101 Beneficial owner
China Huarong International Holdings Ltd	2201 Interest of corporation controlled by you
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Cho Jung-ho	2201 Interest of corporation controlled by you
Meritz Financial Group Inc.	2201 Interest of corporation controlled by you
Meritz Securities Co., Ltd.	2101 Beneficial owner

Fosun Tourism Group (HKSE:01992) Headlines

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