Seacon Shipping Group Holdings (HKSE:02409) Total Assets : HK$3,248 Mil (As of Jun. 2023)

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What is Seacon Shipping Group Holdings Total Assets?

Seacon Shipping Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$3,248 Mil.

During the past 12 months, Seacon Shipping Group Holdings's average Total Assets Growth Rate was 88.50% per year. During the past 3 years, the average Total Assets Growth Rate was 19.80% per year.

During the past 5 years, Seacon Shipping Group Holdings's highest 3-Year average Total Assets Growth Rate was 19.80%. The lowest was 19.80%. And the median was 19.80%.

Total Assets is connected with ROA %. Seacon Shipping Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Seacon Shipping Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Seacon Shipping Group Holdings Total Assets Historical Data

The historical data trend for Seacon Shipping Group 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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Seacon Shipping Group Holdings Total Assets Chart

Seacon Shipping Group Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

1,219.70

1,181.70

1,797.25

2,236.33

3,842.87

Seacon Shipping Group Holdings Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				-	2,335.50	2,236.33	3,248.05	3,842.87

Seacon Shipping Group 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.

Seacon Shipping Group Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	848.686	+	1387.646
	=	2,236

Seacon Shipping Group Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	1278.737	+	1969.31
	=	3,248

Seacon Shipping Group Holdings (HKSE:02409) Total Assets Explanation

Total Assets is connected with ROA %.

Seacon Shipping Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0	/	( (2236.333	+	3248.047)	/ 2 )
	=	0	/	2742.19
	=	0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Seacon Shipping Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (2236.333	+	3248.047)	/ 2 )
=	0	/	2742.19
=	0.00

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.

Seacon Shipping Group Holdings Total Assets Related Terms

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Seacon Shipping Group Holdings (HKSE:02409) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Seacon Shipping Group Holdings Ltd (HKSE:02409) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 20 Zhuzhou Road, Rooms 01 and 04, 23rd Floor, Block B, Building 3, Laoshan District, Shandong Province, Qingdao, CHN

Website

http://www.seacon.com

Seacon Shipping Group Holdings Ltd is an integrated shipping services provider. The company's comprehensive solutions include, 1) shipping services and 2) ship management services, covering each process along the value chain of the maritime shipping industry.

Executives

Tricor Equity Trustee Limited	2301 Trustee
Shining Friends Limited	2201 Interest of corporation controlled by you
Oceanic Flame Limited	2201 Interest of corporation controlled by you
Guo Jinkui	2501 Other
Li Xuyue	2202 Interest of your spouse
Jin Qiu Holding Ltd.	2101 Beneficial owner
Chen Meimei	2202 Interest of your spouse
Kaimei Holding Ltd.	2101 Beneficial owner
Jovial Alliance Limited	2101 Beneficial owner
Chen Zekai	2501 Other

Seacon Shipping Group Holdings (HKSE:02409) Headlines

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