Hengtai Securities Co's Total Assets for the quarter that ended in Dec. 2023 was HK$34,129 Mil.
During the past 12 months, Hengtai Securities Co's average Total Assets Growth Rate was -5.60% per year.
During the past 3 years, the average Total Assets Growth Rate was -3.30% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.60% per year.
During the past 10 years, Hengtai Securities Co's highest 3-Year average Total Assets Growth Rate was 20.20%. The lowest was -20.30%. And the median was -0.50%.
Hengtai Securities Co Total Assets Historical Data
The historical data trend for Hengtai Securities 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.
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.
Hengtai Securities Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Hengtai Securities Co (HKSE:01476) Total Assets Explanation
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.
Hengtai Securities Co's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
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.
Hengtai Securities Co Total Assets Related Terms
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Hengtai Securities Co (HKSE:01476) Business Description
Hengtai Securities Co Ltd offers financial products and services to individuals, corporations, financial institutions, and government entities. The company's operating segment includes Brokerage and wealth management; Investment banking; Proprietary trading; Investment management and Others. It generates maximum revenue from the Brokerage and wealth management segment. Brokerage and wealth management segment engaged in the trading of stocks, funds, bonds and futures on behalf of the clients, and also providing investment and financing solutions to high end, professional and institutional clients. In addition, the sale of financial products, margin financing, and securities lending.
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