Hong Kong Technology Venture Co (HKSE:01137) Total Assets : HK$3,462 Mil (As of Dec. 2023)

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What is Hong Kong Technology Venture Co Total Assets?

Hong Kong Technology Venture Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,462 Mil.

During the past 12 months, Hong Kong Technology Venture Co's average Total Assets Growth Rate was -4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.00% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year. During the past 10 years, the average Total Assets Growth Rate was 0.50% per year.

During the past 13 years, Hong Kong Technology Venture Co's highest 3-Year average Total Assets Growth Rate was 56.80%. The lowest was -16.20%. And the median was 7.20%.

Total Assets is connected with ROA %. Hong Kong Technology Venture Co's annualized ROA % for the quarter that ended in Dec. 2023 was -0.19%. Total Assets is also linked to Revenue through Asset Turnover. Hong Kong Technology Venture Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.56.

Hong Kong Technology Venture Co Total Assets Historical Data

The historical data trend for Hong Kong Technology Venture 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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Hong Kong Technology Venture Co Total Assets Chart

Hong Kong Technology Venture Co Annual Data

Trend

Aug14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,403.25

3,008.41

3,256.29

3,619.51

3,461.78

Hong Kong Technology Venture Co Semi-Annual Data
	Feb14	Aug14	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															3,256.29	3,385.16	3,619.51	3,625.33	3,461.78

Hong Kong Technology Venture 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.

Hong Kong Technology Venture 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 )
	=	2145.348	+	1316.433
	=	3,462

Hong Kong Technology Venture 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 )
	=	2145.348	+	1316.433
	=	3,462

Hong Kong Technology Venture Co (HKSE:01137) Total Assets Explanation

Total Assets is connected with ROA %.

Hong Kong Technology Venture 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 )
	=	-6.75	/	( (3625.334	+	3461.781)	/ 2 )
	=	-6.75	/	3543.5575
	=	-0.19 %

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.

Hong Kong Technology Venture 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 )
=	1983.139	/	( (3625.334	+	3461.781)	/ 2 )
=	1983.139	/	3543.5575
=	0.56

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.

Hong Kong Technology Venture Co Total Assets Related Terms

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Hong Kong Technology Venture Co (HKSE:01137) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Technology Venture Co Ltd (HKSE:01137) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HKTVY:USA XHN1:Germany

Address

No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG

Website

https://www.hktvmall.com

Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.

Executives

Wong Wai Kay	2201 Interest of corporation controlled by you
Top Group International Ltd.	2101 Beneficial owner
Schroders Plc	2102 Investment manager
Top Group International Ltd.	2101 Beneficial owner
Cheung Chi Kin, Paul	2101 Beneficial owner

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