Accel Group Holdings (HKSE:01283) Total Assets : HK$556.4 Mil (As of Sep. 2023)

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What is Accel Group Holdings Total Assets?

Accel Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$556.4 Mil.

Warning Sign:

If a company builds assets at 35.5% a year, faster than its revenue growth rate of 19.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Accel Group Holdings's average Total Assets Growth Rate was 22.60% per year. During the past 3 years, the average Total Assets Growth Rate was 23.90% per year. During the past 5 years, the average Total Assets Growth Rate was 35.50% per year.

During the past 7 years, Accel Group Holdings's highest 3-Year average Total Assets Growth Rate was 38.40%. The lowest was 21.60%. And the median was 30.75%.

Total Assets is connected with ROA %. Accel Group Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 5.38%. Total Assets is also linked to Revenue through Asset Turnover. Accel Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.51.

Accel Group Holdings Total Assets Historical Data

The historical data trend for Accel 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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Accel Group Holdings Total Assets Chart

Accel Group Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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150.35

367.22

466.61

443.91

552.00

Accel Group Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial								491.48	443.91	473.73	552.00	556.35

Accel 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.

Accel Group Holdings's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	397.412	+	154.589
	=	552.0

Accel Group Holdings's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	398.771	+	157.581
	=	556.4

Accel Group Holdings (HKSE:01283) Total Assets Explanation

Total Assets is connected with ROA %.

Accel Group Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	29.838	/	( (552.001	+	556.352)	/ 2 )
	=	29.838	/	554.1765
	=	5.38 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Accel Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	282.337	/	( (552.001	+	556.352)	/ 2 )
=	282.337	/	554.1765
=	0.51

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.

Accel Group Holdings Total Assets Related Terms

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Accel Group Holdings (HKSE:01283) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Accel Group Holdings Ltd (HKSE:01283) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Hoi Shing Road, Unit A, 19/F TML Tower, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.chittathk.com

Accel Group Holdings Ltd is an electrical and mechanical (E&M) engineering services provider. The company's main business is to install E&M facilities for various developers, including the installation of an air-conditioning system, drainage system, water supply, swimming pool and fountain system, electrical and control system as well as smart electrical control system in buildings. Geographically, it derives revenue from Hong Kong.

Executives

Lightspeed Limited	2101 Beneficial owner
Cheung Mei Lan	2202 Interest of your spouse
Ko Lai Hung	2101 Beneficial owner

Accel Group Holdings (HKSE:01283) Headlines

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