China Oral Industry Group Holdings (HKSE:08406) Total Assets : HK$201.0 Mil (As of Dec. 2023)

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What is China Oral Industry Group Holdings Total Assets?

China Oral Industry Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$201.0 Mil.

During the past 12 months, China Oral Industry Group Holdings's average Total Assets Growth Rate was -19.40% per year. During the past 3 years, the average Total Assets Growth Rate was -8.30% per year. During the past 5 years, the average Total Assets Growth Rate was 2.10% per year.

During the past 8 years, China Oral Industry Group Holdings's highest 3-Year average Total Assets Growth Rate was 22.40%. The lowest was -8.30%. And the median was 16.10%.

Total Assets is connected with ROA %. China Oral Industry Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -21.98%. Total Assets is also linked to Revenue through Asset Turnover. China Oral Industry Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.25.

China Oral Industry Group Holdings Total Assets Historical Data

The historical data trend for China Oral Industry Group 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.

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China Oral Industry Group Holdings Total Assets Chart

China Oral Industry Group Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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176.15

214.32

248.45

213.12

201.01

China Oral Industry Group Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															213.12	-	202.26	-	201.01

China Oral Industry Group Holdings 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.

China Oral Industry Group Holdings'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 )
	=	114.48	+	86.529
	=	201.0

China Oral Industry Group Holdings'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 )
	=	114.48	+	86.529
	=	201.0

China Oral Industry Group Holdings (HKSE:08406) Total Assets Explanation

Total Assets is connected with ROA %.

China Oral Industry Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-44.188	/	( (0	+	201.009)	/ 1 )
	=	-44.188	/	201.009
	=	-21.98 %

Note: The Net Income data used here is four times the quarterly (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.

China Oral Industry Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	49.826	/	( (0	+	201.009)	/ 1 )
=	49.826	/	201.009
=	0.25

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.

China Oral Industry Group Holdings Total Assets Related Terms

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China Oral Industry Group Holdings (HKSE:08406) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Oral Industry Group Holdings Ltd (HKSE:08406) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

348 Kwun Tong Road, 5th floor, Manulife Place, Kowloon, Hong Kong, HKG

Website

https://www.chinaoral.co

China Oral Industry Group Holdings Ltd is principally engaged in the manufacturing and sales of inflatable products and related accessories. Some of its products are air blowers, mini inflatable playgrounds, inflatable tents, inflatable ball pools, polyvinyl chloride (PVC) laminated oxford, plastic nails, and other accessories. The company generates revenue from customers located in China, Europe, Australia and Oceania, North America, Asia, and Central and South America.

Executives

Risen Thrive Limited	2101 Beneficial owner
Yan Ping	2201 Interest of corporation controlled by you

China Oral Industry Group Holdings (HKSE:08406) Headlines

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