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Queen's Road Capital Investment (Queen's Road Capital Investment) Total Assets : $303.79 Mil (As of Feb. 2024)


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What is Queen's Road Capital Investment Total Assets?

Queen's Road Capital Investment's Total Assets for the quarter that ended in Feb. 2024 was $303.79 Mil.

During the past 12 months, Queen's Road Capital Investment's average Total Assets Growth Rate was 46.90% per year. During the past 3 years, the average Total Assets Growth Rate was 60.40% per year. During the past 5 years, the average Total Assets Growth Rate was 499.00% per year. During the past 10 years, the average Total Assets Growth Rate was 55.00% per year.

During the past 13 years, Queen's Road Capital Investment's highest 3-Year average Total Assets Growth Rate was 3899.20%. The lowest was -75.40%. And the median was 11.20%.

Total Assets is connected with ROA %. Queen's Road Capital Investment's annualized ROA % for the quarter that ended in Feb. 2024 was 23.65%. Total Assets is also linked to Revenue through Asset Turnover. Queen's Road Capital Investment's Asset Turnover for the quarter that ended in Feb. 2024 was 0.02.

Queen's Road Capital Investment Total Assets Historical Data

The historical data trend for Queen's Road Capital Investment'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.

Queen's Road Capital Investment Total Assets Chart

Queen's Road Capital Investment Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 80.05 149.23 232.57 237.24

Queen's Road Capital Investment Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 215.58 204.65 237.24 265.04 303.79

Queen's Road Capital Investment 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.

Queen's Road Capital Investment's Total Assets for the fiscal year that ended in Aug. 2023 is calculated as

Total Assets=Total Equity (A: Aug. 2023 )+Total Liabilities (A: Aug. 2023 )
=235.948+1.293
=237.24

Queen's Road Capital Investment's Total Assets for the quarter that ended in Feb. 2024 is calculated as

Total Assets=Total Equity (Q: Feb. 2024 )+Total Liabilities (Q: Feb. 2024 )
=280.387+23.399
=303.79

* 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.

Queen's Road Capital Investment  (OTCPK:BRSGF) Total Assets Explanation

Total Assets is connected with ROA %.

Queen's Road Capital Investment's annualized ROA % for the quarter that ended in Feb. 2024 is

ROA %=Net Income (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=67.264/( (265.036+303.787)/ 2 )
=67.264/284.4115
=23.65 %

Note: The Net Income data used here is four times the quarterly (Feb. 2024) 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.

Queen's Road Capital Investment's Asset Turnover for the quarter that ended in Feb. 2024 is

Asset Turnover
=Revenue (Q: Feb. 2024 )/( (Total Assets (Q: Nov. 2023 )+Total Assets (Q: Feb. 2024 ))/ count )
=5.343/( (265.036+303.787)/ 2 )
=5.343/284.4115
=0.02

* 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.

Queen's Road Capital Investment Total Assets Related Terms

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Queen's Road Capital Investment (Queen's Road Capital Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Queen's Road Capital Investment Ltd (OTCPK:BRSGF) » Definitions » Total Assets
Comparable Companies
TSX:AIM TSX:LBS.PR.A TSX:FTN TSX:PTI.UN TSX:ENS TSX:BK TSX:OLY TSX:URB.A TSX:HFPC.U TSX:DFN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
47U:Germany QRC:Canada
Address
2 Queen’s Road Central, Suite 2006, Cheung Kong Centre, Hong Kong, HKG
Website
https://www.queensrdcapital.com
Queen's Road Capital Investment Ltd is a resource-focused investment company. It invests in privately held and publicly traded resource companies and has one operating segment, being the selection, acquisition, and management of investments. The company acquires and holds securities for long-term capital appreciation, with a focus on convertible debt securities and resource projects in development or production located in safe jurisdictions.

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