Precious Dragon Technology Holdings (HKSE:01861) Total Assets : HK$484.8 Mil (As of Dec. 2023)

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What is Precious Dragon Technology Holdings Total Assets?

Precious Dragon Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$484.8 Mil.

During the past 12 months, Precious Dragon Technology Holdings's average Total Assets Growth Rate was -1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year.

During the past 8 years, Precious Dragon Technology Holdings's highest 3-Year average Total Assets Growth Rate was 15.80%. The lowest was 0.50%. And the median was 5.90%.

Total Assets is connected with ROA %. Precious Dragon Technology Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 12.51%. Total Assets is also linked to Revenue through Asset Turnover. Precious Dragon Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.60.

Precious Dragon Technology Holdings Total Assets Historical Data

The historical data trend for Precious Dragon Technology Holdings'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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Precious Dragon Technology Holdings Total Assets Chart

Precious Dragon Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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422.08

521.28

522.81

475.21

484.76

Precious Dragon Technology Holdings Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									522.81	548.22	475.21	480.33	484.76

Precious Dragon Technology Holdings 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.

Precious Dragon Technology Holdings'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 )
	=	307.928	+	176.836
	=	484.8

Precious Dragon Technology Holdings'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 )
	=	307.928	+	176.836
	=	484.8

Precious Dragon Technology Holdings (HKSE:01861) Total Assets Explanation

Total Assets is connected with ROA %.

Precious Dragon Technology Holdings'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 )
	=	60.378	/	( (480.328	+	484.764)	/ 2 )
	=	60.378	/	482.546
	=	12.51 %

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.

Precious Dragon Technology Holdings'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 )
=	290.984	/	( (480.328	+	484.764)	/ 2 )
=	290.984	/	482.546
=	0.60

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.

Precious Dragon Technology Holdings Total Assets Related Terms

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Precious Dragon Technology Holdings (HKSE:01861) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Precious Dragon Technology Holdings Ltd (HKSE:01861) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 628, Jufeng North Road, Aotou Town, Conghua District, Guangdong Province, Guangzhou, CHN

Website

https://www.botny.com

Precious Dragon Technology Holdings Ltd is an investment holding company. The company operates in the segments of Automotive beauty and maintenance products; and Personal care products. The majority of its revenue comes from the Automotive segment, which includes products such as auto cleaning and maintenance products (auto interior decoration cleaning products, tire and wheel cleaning, and care products), paint and coating (chrome aerosol spray), winter and summer specials (refrigerant and cold cranking agent), and air-fresheners. The company products are in the form of both aerosol and non-aerosol products. Some of its brands are ATM, NISSEI, PARLUX, PISCIS, and ETOMAN. Its geographical segments are Mainland China, Japan, Asia, the Middle East, America, and Others.

Executives

Ko Sau Mee
Lin Wan Tsang
Wellmass International Limited	2101 Beneficial owner

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