Great China Holdings (Hong Kong) (HKSE:00021) Total Assets : HK$2,219.09 Mil (As of Dec. 2023)

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What is Great China Holdings (Hong Kong) Total Assets?

Great China Holdings (Hong Kong)'s Total Assets for the quarter that ended in Dec. 2023 was HK$2,219.09 Mil.

During the past 12 months, Great China Holdings (Hong Kong)'s average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was -0.80% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year. During the past 10 years, the average Total Assets Growth Rate was 3.60% per year.

During the past 13 years, Great China Holdings (Hong Kong)'s highest 3-Year average Total Assets Growth Rate was 512.40%. The lowest was -91.40%. And the median was 4.30%.

Total Assets is connected with ROA %. Great China Holdings (Hong Kong)'s annualized ROA % for the quarter that ended in Dec. 2023 was -2.95%. Total Assets is also linked to Revenue through Asset Turnover. Great China Holdings (Hong Kong)'s Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Great China Holdings (Hong Kong) Total Assets Historical Data

The historical data trend for Great China Holdings (Hong Kong)'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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Great China Holdings (Hong Kong) Total Assets Chart

Great China Holdings (Hong Kong) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,108.77

2,259.93

2,362.70

2,208.16

2,219.09

Great China Holdings (Hong Kong) Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															2,362.70	2,257.07	2,208.16	2,135.67	2,219.09

Great China Holdings (Hong Kong) 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.

Great China Holdings (Hong Kong)'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 )
	=	841.97	+	1377.117
	=	2,219.09

Great China Holdings (Hong Kong)'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 )
	=	841.97	+	1377.117
	=	2,219.09

Great China Holdings (Hong Kong) (HKSE:00021) Total Assets Explanation

Total Assets is connected with ROA %.

Great China Holdings (Hong Kong)'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 )
	=	-64.202	/	( (2135.671	+	2219.087)	/ 2 )
	=	-64.202	/	2177.379
	=	-2.95 %

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.

Great China Holdings (Hong Kong)'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 )
=	5.118	/	( (2135.671	+	2219.087)	/ 2 )
=	5.118	/	2177.379
=	0.00

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.

Great China Holdings (Hong Kong) Total Assets Related Terms

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Great China Holdings (Hong Kong) (HKSE:00021) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Great China Holdings (Hong Kong) Ltd (HKSE:00021) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Plaza, 18 Harbour Road, Suite 6403A-4, 64th Floor, Wanchai, Hong Kong, HKG

Website

http://www.greatchinaproperties.com

Great China Holdings (Hong Kong) Ltd formerly Great China Properties Holdings Ltd is engaged in real estate development and management. It projects of the company include the gold coast project, the tanghai county project, the daya bay project, the jin bao cheng project, the hong hai bay project, and the Heqing project. It has a single reportable segment based on the location of the operations, which is a property development and investment located in the PRC. The firm generates its revenue from the sale and management of properties.

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