Watts International Maritime Co (HKSE:02258) Total Assets : HK$3,543 Mil (As of Dec. 2023)

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What is Watts International Maritime Co Total Assets?

Watts International Maritime Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,543 Mil.

During the past 12 months, Watts International Maritime Co's average Total Assets Growth Rate was 0.70% per year. During the past 3 years, the average Total Assets Growth Rate was -2.90% per year. During the past 5 years, the average Total Assets Growth Rate was -1.30% per year.

During the past 9 years, Watts International Maritime Co's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was -2.90%. And the median was 22.20%.

Total Assets is connected with ROA %. Watts International Maritime Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.16%. Total Assets is also linked to Revenue through Asset Turnover. Watts International Maritime Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.34.

Watts International Maritime Co Total Assets Historical Data

The historical data trend for Watts International Maritime 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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Watts International Maritime Co Total Assets Chart

Watts International Maritime Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,811.55

4,068.44

4,084.27

3,842.97

3,542.77

Watts International Maritime Co Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										4,084.27	3,777.16	3,842.97	3,523.32	3,542.77

Watts International Maritime 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.

Watts International Maritime 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 )
	=	822.628	+	2720.145
	=	3,543

Watts International Maritime 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 )
	=	822.628	+	2720.145
	=	3,543

Watts International Maritime Co (HKSE:02258) Total Assets Explanation

Total Assets is connected with ROA %.

Watts International Maritime 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 )
	=	41.012	/	( (3523.324	+	3542.773)	/ 2 )
	=	41.012	/	3533.0485
	=	1.16 %

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.

Watts International Maritime 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 )
=	1208.748	/	( (3523.324	+	3542.773)	/ 2 )
=	1208.748	/	3533.0485
=	0.34

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.

Watts International Maritime Co Total Assets Related Terms

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Watts International Maritime Co (HKSE:02258) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Watts International Maritime Co Ltd (HKSE:02258) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

2816 Yixian Road, 5th Floor, Tower 17, Baoshan District, Shanghai, CHN

Website

http://www.shbt-china.com

Watts International Maritime Co Ltd is an investment holding company. It is engaged in the port, waterway, and marine engineering work that includes the construction and installation of structures and facilities in river and sea areas. Its business operations comprise Marine construction and Municipal public construction. The company generates maximum revenue from the Municipal public construction segment.

Executives

Wang Likai	2103 Interests held jointly with another person
Wang Shiqin	2103 Interests held jointly with another person
Wang Shizhong	2201 Interest of corporation controlled by you
Wang Xiuchun	2103 Interests held jointly with another person
Ye Kangshun	2201 Interest of corporation controlled by you
Zhou Meng	2103 Interests held jointly with another person
Huazi Holding Limited	2101 Beneficial owner
Hz&bt Development Holding Limited	2101 Beneficial owner
Ye Wang Zhou Holding Limited	2101 Beneficial owner

Watts International Maritime Co (HKSE:02258) Headlines

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