Shandong International Trust Co (HKSE:01697) Total Assets : HK$15,497.6 Mil (As of Dec. 2023)

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What is Shandong International Trust Co Total Assets?

Shandong International Trust Co's Total Assets for the quarter that ended in Dec. 2023 was HK$15,497.6 Mil.

During the past 12 months, Shandong International Trust Co's average Total Assets Growth Rate was 12.50% per year. During the past 3 years, the average Total Assets Growth Rate was -11.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.30% per year.

During the past 10 years, Shandong International Trust Co's highest 3-Year average Total Assets Growth Rate was 20.60%. The lowest was -11.30%. And the median was 16.40%.

Total Assets is connected with ROA %. Shandong International Trust Co's annualized ROA % for the quarter that ended in Dec. 2023 was -0.24%. Total Assets is also linked to Revenue through Asset Turnover. Shandong International Trust Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.02.

Shandong International Trust Co Total Assets Historical Data

The historical data trend for Shandong International Trust 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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Shandong International Trust Co Total Assets Chart

Shandong International Trust Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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16,215.33

24,519.28

23,341.47

16,145.61

15,497.63

Shandong International Trust Co Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial												23,341.47	21,642.36	16,145.61	14,989.56	15,497.63

Shandong International Trust 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.

Shandong International Trust 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 )
	=	12129.328	+	3368.299
	=	15,497.6

Shandong International Trust 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 )
	=	12129.328	+	3368.299
	=	15,497.6

Shandong International Trust Co (HKSE:01697) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong International Trust 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 )
	=	-35.972	/	( (14989.557	+	15497.626)	/ 2 )
	=	-35.972	/	15243.5915
	=	-0.24 %

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.

Shandong International Trust 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 )
=	343.315	/	( (14989.557	+	15497.626)	/ 2 )
=	343.315	/	15243.5915
=	0.02

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.

Shandong International Trust Co Total Assets Related Terms

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Shandong International Trust Co (HKSE:01697) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong International Trust Co Ltd (HKSE:01697) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

166 Jiefang Road, Lixia District, Shandong Province, Jinan, CHN, 250013

Website

http://www.sitic.com.cn

Shandong International Trust Co Ltd provides financial and wealth management services. The company's business includes capital trust, asset trust, investment bank, asset management and securities investment funds. It has two business lines that are trust business and proprietary business. Shandong has developed a broad range of trust products to meet the financing, investment, wealth management and succession needs of their various types of clients.

Executives

Qing Dao Quan Qiu Cai Fu Zhong Xin Kai Fa Jian She You Xian Gong Si	2101 Beneficial owner
Qing Dao Shi Lao Shan Qu Cai Zheng Ju	2201 Interest of corporation controlled by you
Zhang Xin Ji Jin Guan Li You Xian Ze Ren Gong Si	2301 Trustee
Ji Nan Shi Ren Min Zheng Fu Guo You Zi Chan Jian Du Guan Li Wei Yuan Hui	2201 Interest of corporation controlled by you
Ji Nan Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
China Create Capital Limited	2101 Beneficial owner
Hwabao Trust Co., Ltd	2301 Trustee
Shan Dong Fa Zhan Tou Zi Kong Gu Ji Tuan You Xian Gong Si

Shandong International Trust Co (HKSE:01697) Headlines

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