Future World Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,225.92 Mil.
During the past 12 months, Future World Holdings's average Total Assets Growth Rate was -13.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -10.60% per year.
During the past 5 years, the average Total Assets Growth Rate was -8.80% per year.
During the past 10 years, the average Total Assets Growth Rate was 42.90% per year.
During the past 13 years, Future World Holdings's highest 3-Year average Total Assets Growth Rate was 184.90%. The lowest was -48.10%. And the median was -2.70%.
Future World Holdings Total Assets Historical Data
The historical data trend for Future World 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.
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.
Future World Holdings'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.
Future World Holdings (HKSE:00572) Total Assets Explanation
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.
Future World Holdings'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.
Future World Holdings Total Assets Related Terms
Thank you for viewing the detailed overview of Future World Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Future World Holdings (HKSE:00572) Business Description
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:00572 has been successfully added to your 