Sino-Life Group (HKSE:08296) Total Assets : HK$297.19 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Sino-Life Group Total Assets?

Sino-Life Group's Total Assets for the quarter that ended in Dec. 2023 was HK$297.19 Mil.

During the past 12 months, Sino-Life Group's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was -9.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.20% per year. During the past 10 years, the average Total Assets Growth Rate was -3.60% per year.

During the past 13 years, Sino-Life Group's highest 3-Year average Total Assets Growth Rate was 14.00%. The lowest was -11.50%. And the median was -2.00%.

Total Assets is connected with ROA %. Sino-Life Group's annualized ROA % for the quarter that ended in Dec. 2023 was -1.10%. Total Assets is also linked to Revenue through Asset Turnover. Sino-Life Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.

Sino-Life Group Total Assets Historical Data

The historical data trend for Sino-Life Group'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.

* Premium members only.

Sino-Life Group Total Assets Chart

Sino-Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

326.21

329.09

323.08

318.03

297.19

Sino-Life Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															318.03	-	308.26	-	297.19

Sino-Life Group 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.

Sino-Life Group'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 )
	=	118.711	+	178.476
	=	297.19

Sino-Life Group'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 )
	=	118.711	+	178.476
	=	297.19

Sino-Life Group (HKSE:08296) Total Assets Explanation

Total Assets is connected with ROA %.

Sino-Life Group's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-3.256	/	( (0	+	297.187)	/ 1 )
	=	-3.256	/	297.187
	=	-1.10 %

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

Sino-Life Group's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	18.802	/	( (0	+	297.187)	/ 1 )
=	18.802	/	297.187
=	0.06

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.

Sino-Life Group Total Assets Related Terms

Thank you for viewing the detailed overview of Sino-Life Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Sino-Life Group (HKSE:08296) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Sino-Life Group Ltd (HKSE:08296) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Wing Lok Street, 18th Floor, Ovest, Sheung Wan, Hong Kong, HKG

Website

https://www.sinolifegroup.com//index_en.asp

Sino-Life Group Ltd offers funeral services. It is primarily engaged in the provision of funeral and related services, the sale of burial plots and provision of cemetery maintenance services. The company operates in the segments of Funeral services, Elderly care services, and Stem cells and immunocytes business. It derives prime revenue from the Funeral services segment. Geographically, the group has a business presence in the PRC, Taiwan, Hong Kong, and Vietnam, of which a majority of revenue is generated from the PRC.

Executives

Ou Yafei	2101 Beneficial owner
Shen Zhen Shi Nan Yue Tian Che Sheng Wu Zhi Neng Zhuang Bei Tou Zi You Xian Gong Si	2106 Person having a security interest in shares
Xiang Gang Gao Qi Sheng Wu Ke Ji You Xian Gong Si	2101 Beneficial owner

Sino-Life Group (HKSE:08296) Headlines

No Headlines