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Sunshine Insurance Group Co (HKSE:06963) Total Assets : HK$561,859 Mil (As of Dec. 2023)


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What is Sunshine Insurance Group Co Total Assets?

Sunshine Insurance Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$561,859 Mil.

During the past 12 months, Sunshine Insurance Group Co's average Total Assets Growth Rate was -23.70% per year. During the past 3 years, the average Total Assets Growth Rate was -12.90% per year.

During the past 5 years, Sunshine Insurance Group Co's highest 3-Year average Total Assets Growth Rate was 2.50%. The lowest was -12.90%. And the median was -5.20%.

Total Assets is connected with ROA %. Sunshine Insurance Group Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.33%. Total Assets is also linked to Revenue through Asset Turnover. Sunshine Insurance Group Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.07.

Sunshine Insurance Group Co Total Assets Historical Data

The historical data trend for Sunshine Insurance Group Co'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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Sunshine Insurance Group Co Total Assets Chart

Sunshine Insurance Group Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
370,054.17 481,871.28 505,068.30 506,507.18 561,858.90

Sunshine Insurance Group Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial 505,068.30 555,196.34 506,507.18 546,059.00 561,858.90

Sunshine Insurance Group Co 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.

Sunshine Insurance Group Co'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 )
=67583.504+494275.397
=561,859

Sunshine Insurance Group Co'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 )
=67583.504+494275.397
=561,859

* 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.

Sunshine Insurance Group Co  (HKSE:06963) Total Assets Explanation

Total Assets is connected with ROA %.

Sunshine Insurance Group Co'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 )
=1844.112/( (546059+561858.901)/ 2 )
=1844.112/553958.9505
=0.33 %

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.

Sunshine Insurance Group Co'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 )
=36639.405/( (546059+561858.901)/ 2 )
=36639.405/553958.9505
=0.07

* 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.

Sunshine Insurance Group Co Total Assets Related Terms

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Sunshine Insurance Group Co (HKSE:06963) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sunshine Insurance Group Co Ltd (HKSE:06963) » Definitions » Total Assets
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TSE:3778 TSE:4434 TSE:4268 TSE:3914 TSE:4493 TSE:4378 TSE:4431 TSE:5580 TSE:3854 TSE:3694 BRK.A XTER:ALV XSWX:ZURN XPAR:CS AIG ACGL MIL:G TSX:SLF HIG OHEL:SAMPO
Traded in Other Exchanges
N/A
Address
No. 7002, Hongli West Road, 17th Floor, Block A First World Plaza, Futian District, Shenzhen, CHN, 518034
Website
Sunshine Insurance Group Co Ltd is mainly engaged in the insurance business. The company has three operating segments; The life insurance segment offers a wide range of life insurance products mainly by Sunshine Life, The property and casualty insurance segment offers a wide range of property and casualty insurance products mainly by Sunshine P&C and Sunshine Surety, and Other businesses segment mainly provides corporation management and assets management services. It derives a majority of its revenue from the Life insurance segment.
Executives
Hua Tai Zi Jin Tou Zi You Xian Ze Ren Gong Si
Hua Tai Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Rui Lian Qi Hao Tou Zi Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Bei Jing Hong Yu Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hua Shan Rui Lian Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Nan Jing Hua Tai Rui Lian Bing Gou Ji Jin Yi Hao You Xian He Huo 2201 Interest of corporation controlled by you
Nan Jing Rui Lian Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Hua Tai Rui Lian Bing Gou Ji Jin You Xian He Huo 2201 Interest of corporation controlled by you
Jiang Su Tian Cheng Wu Ye Fa Zhan You Xian Ze Ren Gong Si 2101 Beneficial owner
Bei Jing Lin Qi Hao Rui Zi Xun You Xian Gong Si 2201 Interest of corporation controlled by you
Xi Zang Hong Yu Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Shi You Hua Gong Ji Tuan You Xian Gong Si 2101 Beneficial owner
Zhong Guo Cheng Tong Kong Gu Ji Tuan You Xian Gong Si 2101 Beneficial owner
Dynamic Sunrise Limited
Wong Kwong Miu

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