China Travel International Investment Hong Kong (HKSE:00308) Total Assets : HK$25,014 Mil (As of Dec. 2023)

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What is China Travel International Investment Hong Kong Total Assets?

China Travel International Investment Hong Kong's Total Assets for the quarter that ended in Dec. 2023 was HK$25,014 Mil.

During the past 12 months, China Travel International Investment Hong Kong's average Total Assets Growth Rate was 6.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 4.40% per year. During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 13 years, China Travel International Investment Hong Kong's highest 3-Year average Total Assets Growth Rate was 9.20%. The lowest was -5.90%. And the median was 4.10%.

Total Assets is connected with ROA %. China Travel International Investment Hong Kong's annualized ROA % for the quarter that ended in Dec. 2023 was 0.13%. Total Assets is also linked to Revenue through Asset Turnover. China Travel International Investment Hong Kong's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

China Travel International Investment Hong Kong Total Assets Historical Data

The historical data trend for China Travel International Investment 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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China Travel International Investment Hong Kong Total Assets Chart

China Travel International Investment Hong Kong Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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21,806.93

25,184.19

25,808.40

23,763.33

25,014.44

China Travel International Investment 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															25,808.40	25,039.34	23,763.33	23,696.29	25,014.44

China Travel International Investment 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.

China Travel International Investment 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 )
	=	18252.05	+	6762.389
	=	25,014

China Travel International Investment 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 )
	=	18252.05	+	6762.389
	=	25,014

China Travel International Investment Hong Kong (HKSE:00308) Total Assets Explanation

Total Assets is connected with ROA %.

China Travel International Investment 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 )
	=	30.646	/	( (23696.29	+	25014.439)	/ 2 )
	=	30.646	/	24355.3645
	=	0.13 %

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 Travel International Investment 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 )
=	2439.302	/	( (23696.29	+	25014.439)	/ 2 )
=	2439.302	/	24355.3645
=	0.10

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 Travel International Investment Hong Kong Total Assets Related Terms

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China Travel International Investment Hong Kong (HKSE:00308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » China Travel International Investment Hong Kong Ltd (HKSE:00308) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CTVIF:USA CTI:Germany

Address

78-83 Connaught Road Central, 12th Floor, CTS House, Hong Kong, HKG

Website

http://www.hkcts.com

China Travel International Investment Hong Kong Ltd is a holding company focused on leisure investments. The company has four primary divisions: travel agency and related operations, tourist attractions, hotels, and passenger transportation services. It derives revenue from its travel agency, tourist attraction, and hotel operations. Travel agency and related operations include the company's travel agency and travel document businesses. Tourist attraction operations, which comprise the largest portion of company revenue, include theme parks, resorts, and scenic destinations. Hotel operations include hotel accommodation, food, and beverage services. The company generates the vast majority of revenue in Hong Kong and mainland China.

Executives

Kwok Hoi Hing	2101 Beneficial owner
Zhong Guo Lv You Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you

China Travel International Investment Hong Kong (HKSE:00308) Headlines

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