Rongzun International Holdings Group (HKSE:01780) Total Assets : HK$261.1 Mil (As of Sep. 2023)

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What is Rongzun International Holdings Group Total Assets?

Rongzun International Holdings Group's Total Assets for the quarter that ended in Sep. 2023 was HK$261.1 Mil.

During the past 12 months, Rongzun International Holdings Group's average Total Assets Growth Rate was 11.60% per year. During the past 3 years, the average Total Assets Growth Rate was -17.10% per year. During the past 5 years, the average Total Assets Growth Rate was -7.40% per year.

During the past 8 years, Rongzun International Holdings Group's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -17.10%. And the median was -4.40%.

Total Assets is connected with ROA %. Rongzun International Holdings Group's annualized ROA % for the quarter that ended in Sep. 2023 was -18.89%. Total Assets is also linked to Revenue through Asset Turnover. Rongzun International Holdings Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.41.

Rongzun International Holdings Group Total Assets Historical Data

The historical data trend for Rongzun International Holdings Group'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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Rongzun International Holdings Group Total Assets Chart

Rongzun International Holdings Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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196.79

330.93

284.25

245.10

268.14

Rongzun International Holdings Group Semi-Annual Data
	Mar16	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial									298.92	245.10	256.06	268.14	261.09

Rongzun International Holdings Group 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.

Rongzun International Holdings Group'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 )
	=	196.42	+	71.718
	=	268.1

Rongzun International Holdings Group'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 )
	=	171.434	+	89.652
	=	261.1

Rongzun International Holdings Group (HKSE:01780) Total Assets Explanation

Total Assets is connected with ROA %.

Rongzun International Holdings Group'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 )
	=	-49.972	/	( (268.138	+	261.086)	/ 2 )
	=	-49.972	/	264.612
	=	-18.89 %

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.

Rongzun International Holdings Group'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 )
=	108.056	/	( (268.138	+	261.086)	/ 2 )
=	108.056	/	264.612
=	0.41

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.

Rongzun International Holdings Group Total Assets Related Terms

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Rongzun International Holdings Group (HKSE:01780) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rongzun International Holdings Group Ltd (HKSE:01780) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 79 Lei Muk Road, Units 2803-2803A, Asia Trade Centre, Kwai Chung, New Territories, Hong Kong, HKG

Website

https://www.bnd-strategic.com.hk

B & D Strategic Holdings Ltd is an investment holding company. It operates in two segments: Alteration & addition works and Civil engineering works. Its Alteration & addition works include new structural works, fitting-out works, changes in facilities configuration, construction of a new extension to an existing building, conversion of an existing building to different types, fabrication, modification, removal, or installation of hardware and equipment; erection, relocation, or removal of partitions, doors, and windows; changes in the type of finishes and flooring materials. The Civil engineering segment includes site formation works and foundation works. All of its revenues are generated from Hong Kong.

Executives

Kaneko Hiroshi	2201 Interest of corporation controlled by you
Kyosei Technology Inc.	2101 Beneficial owner
Yanase Kenichi	2201 Interest of corporation controlled by you
Sky Winner Holdings Limited	2101 Beneficial owner
Chan Wai Ching Rebecca	2202 Interest of your spouse
Lam Ah Yee	2202 Interest of your spouse
Lo Wing Hang	2201 Interest of corporation controlled by you
Tang Wing Kwok	2201 Interest of corporation controlled by you

Rongzun International Holdings Group (HKSE:01780) Headlines

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