China International Development (HKSE:00264) Total Assets : HK$14.03 Mil (As of Dec. 2023)

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What is China International Development Total Assets?

China International Development's Total Assets for the quarter that ended in Dec. 2023 was HK$14.03 Mil.

During the past 12 months, China International Development's average Total Assets Growth Rate was -53.60% per year. During the past 3 years, the average Total Assets Growth Rate was -24.10% per year. During the past 5 years, the average Total Assets Growth Rate was -10.30% per year. During the past 10 years, the average Total Assets Growth Rate was -17.00% per year.

During the past 13 years, China International Development's highest 3-Year average Total Assets Growth Rate was 35.70%. The lowest was -32.60%. And the median was 3.50%.

Total Assets is connected with ROA %. China International Development's annualized ROA % for the quarter that ended in Dec. 2023 was -226.16%. Total Assets is also linked to Revenue through Asset Turnover. China International Development's Asset Turnover for the quarter that ended in Dec. 2023 was 0.78.

China International Development Total Assets Historical Data

The historical data trend for China International Development'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 International Development Total Assets Chart

China International Development Annual Data

Trend

Mar14

Mar15

Mar16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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48.64

32.09

41.19

30.58

14.03

China International Development Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															41.19	38.24	30.58	20.40	14.03

China International Development 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 International Development'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 )
	=	-59.325	+	73.358
	=	14.03

China International Development'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 )
	=	-59.325	+	73.358
	=	14.03

China International Development (HKSE:00264) Total Assets Explanation

Total Assets is connected with ROA %.

China International Development'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 )
	=	-38.932	/	( (20.396	+	14.033)	/ 2 )
	=	-38.932	/	17.2145
	=	-226.16 %

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.

China International Development'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 )
=	13.384	/	( (20.396	+	14.033)	/ 2 )
=	13.384	/	17.2145
=	0.78

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 International Development Total Assets Related Terms

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China International Development (HKSE:00264) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » China International Development Corp Ltd (HKSE:00264) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Queen’s Road Central, Level 26, Hong Kong, HKG

Website

http://www.irasia.com/listco/hk/cidc/index.htm

China International Development Corp Ltd is engaged in the business of leather products. The company is involved in the manufacturing and distribution of leather products and retail of fashion apparel, footwear, and leather accessories, and industrial hemp planting and production of hemp fabric products. It operates in two segments namely, Leather Manufacturing segment and Leather Retail segment. The Leather Manufacturing segment involves the manufacturing and distribution of leather products. The Leather Retail segment engages in the retail of fashion apparel, footwear, and leather accessories. The company has its operations in Hong Kong, Europe, the PRC, the United States of America and other countries.

Executives

Waterfront Holding Group Co., Ltd.	2101 Beneficial owner
Zhao Jingfei	2201 Interest of corporation controlled by you

China International Development (HKSE:00264) Headlines

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