Lianhua Supermarket Holdings Co (HKSE:00980) Total Assets : HK$22,957 Mil (As of Dec. 2023)

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What is Lianhua Supermarket Holdings Co Total Assets?

Lianhua Supermarket Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$22,957 Mil.

During the past 12 months, Lianhua Supermarket Holdings Co's average Total Assets Growth Rate was -5.00% per year. During the past 3 years, the average Total Assets Growth Rate was -9.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.00% per year. During the past 10 years, the average Total Assets Growth Rate was 4.10% per year.

During the past 13 years, Lianhua Supermarket Holdings Co's highest 3-Year average Total Assets Growth Rate was 32.80%. The lowest was -13.90%. And the median was 14.20%.

Total Assets is connected with ROA %. Lianhua Supermarket Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 was -6.33%. Total Assets is also linked to Revenue through Asset Turnover. Lianhua Supermarket Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.47.

Lianhua Supermarket Holdings Co Total Assets Historical Data

The historical data trend for Lianhua Supermarket Holdings Co'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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Lianhua Supermarket Holdings Co Total Assets Chart

Lianhua Supermarket Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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26,208.02

27,526.64

27,954.50

25,671.83

22,957.48

Lianhua Supermarket Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															27,954.50	26,630.29	25,671.83	23,711.28	22,957.48

Lianhua Supermarket Holdings Co 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.

Lianhua Supermarket Holdings Co'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 )
	=	490.392	+	22467.089
	=	22,957

Lianhua Supermarket Holdings Co'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 )
	=	490.392	+	22467.089
	=	22,957

Lianhua Supermarket Holdings Co (HKSE:00980) Total Assets Explanation

Total Assets is connected with ROA %.

Lianhua Supermarket Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1476.286	/	( (23711.277	+	22957.481)	/ 2 )
	=	-1476.286	/	23334.379
	=	-6.33 %

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.

Lianhua Supermarket Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	11007.7	/	( (23711.277	+	22957.481)	/ 2 )
=	11007.7	/	23334.379
=	0.47

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.

Lianhua Supermarket Holdings Co Total Assets Related Terms

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Lianhua Supermarket Holdings Co (HKSE:00980) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lianhua Supermarket Holdings Co Ltd (HKSE:00980) » Definitions » Total Assets

Traded in Other Exchanges

LHUAF:USA LSJ:Germany

Address

No. 1258 Zhen Guang Road, 5th to 14th Floors, Shanghai, CHN

Website

https://lianhua.todayir.com

Lianhua Supermarket Holdings Co Ltd is a Hong Kong-based investment holding company engaged in the operation of stores. The company's reportable segments include hypermarkets, supermarkets and convenience stores, and Other operations. These three segments expand under the brand names of Century Mart, Lianhua Supermarket, Hualian Supermarket and Lianhua Quik. Majority of the revenue is derived from Hypermarket segment.

Executives

China Galaxy International Asset Management (hong Kong) Co., Limited	2102 Investment manager
China Galaxy International Spc (acting For And On Behalf Of China Galaxy Value Fund I Sp)	2201 Interest of corporation controlled by you
Xu Zizuo	2101 Beneficial owner

Lianhua Supermarket Holdings Co (HKSE:00980) Headlines

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