Hiap Hoe's Total Assets for the quarter that ended in Dec. 2023 was S$1,589.3 Mil.
During the past 12 months, Hiap Hoe's average Total Assets Growth Rate was -1.50% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -0.20% per year.
During the past 10 years, the average Total Assets Growth Rate was 2.30% per year.
During the past 13 years, Hiap Hoe's highest 3-Year average Total Assets Growth Rate was 65.00%. The lowest was -10.10%. And the median was 3.30%.
Total Assets is connected with ROA %. Hiap Hoe's annualizedROA % for the quarter that ended in Dec. 2023 was 0.64%. Total Assets is also linked to Revenue through Asset Turnover. Hiap Hoe's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.
Hiap Hoe Total Assets Historical Data
The historical data trend for Hiap Hoe'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.
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.
Hiap Hoe's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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.
Hiap Hoe's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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.
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.
Hiap Hoe Total Assets Related Terms
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Hiap Hoe Ltd is a regional real estate group with a diversified portfolio of hospitality, retail, commercial and residential assets. It has six reportable operating segments - Development Properties, Rental, Leisure, Other Investments, Others and Hotel Operations. The Development Properties segment is in the business of acquiring land/property and developing it into residential/industrial/commercial properties for sale. The Rental segment is in the business of renting space. The Leisure segment is in the business of providing leisure and recreational facilities. The Hotel Operations segment is operated under the brand names Ramada Singapore and Days Hotel Singapore. It has operations in Australia, Singapore, and the United Kingdom.
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