Max Sight Group Holdings (HKSE:08483) Total Assets : HK$54.44 Mil (As of Dec. 2023)

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What is Max Sight Group Holdings Total Assets?

Max Sight Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$54.44 Mil.

During the past 12 months, Max Sight Group Holdings's average Total Assets Growth Rate was 12.20% per year. During the past 3 years, the average Total Assets Growth Rate was 37.30% per year. During the past 5 years, the average Total Assets Growth Rate was 19.70% per year.

During the past 9 years, Max Sight Group Holdings's highest 3-Year average Total Assets Growth Rate was 37.30%. The lowest was 0.70%. And the median was 22.05%.

Total Assets is connected with ROA %. Max Sight Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 7.08%. Total Assets is also linked to Revenue through Asset Turnover. Max Sight Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.34.

Max Sight Group Holdings Total Assets Historical Data

The historical data trend for Max Sight 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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Max Sight Group Holdings Total Assets Chart

Max Sight Group Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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70.35

55.76

59.79

46.79

54.44

Max Sight Group Holdings 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															46.79	-	53.08	-	54.44

Max Sight 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.

Max Sight Group 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 )
	=	27.945	+	26.495
	=	54.44

Max Sight Group 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 )
	=	27.945	+	26.495
	=	54.44

Max Sight Group Holdings (HKSE:08483) Total Assets Explanation

Total Assets is connected with ROA %.

Max Sight Group Holdings'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 )
	=	3.856	/	( (0	+	54.44)	/ 1 )
	=	3.856	/	54.44
	=	7.08 %

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.

Max Sight Group Holdings'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 )
=	18.71	/	( (0	+	54.44)	/ 1 )
=	18.71	/	54.44
=	0.34

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.

Max Sight Group Holdings Total Assets Related Terms

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Max Sight Group Holdings (HKSE:08483) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Max Sight Group Holdings Ltd (HKSE:08483) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Yee Wo Street, 14th Floor, McDonald’s Building, Causeway Bay, Hong Kong, HKG

Website

http://www.maxsightgroup.com

Max Sight Group Holdings Ltd is principally engaged in the provision of photography services by supplying automatic identity photo booths in Hong Kong and Guangdong provinces. In addition, it is also engaged in the provision of medical services by operating medical centers in Hong Kong. It operates through three segments namely, Photography services in Hong Kong, Photography services in Mainland China, and Medical services in Hong Kong. The Hong Kong region generates maximum revenue for the company.

Executives

Cheung Kam Ting
Causeway Treasure Holding Limited
Photo-me International Plc.
Au-yeung Ying Ho
Chan Tien Kay Timmy
Chan Wing Chai Jamson

Max Sight Group Holdings (HKSE:08483) Headlines

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