Sino Splendid Holdings (HKSE:08006) Total Assets : HK$85.10 Mil (As of Dec. 2023)

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What is Sino Splendid Holdings Total Assets?

Sino Splendid Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$85.10 Mil.

During the past 12 months, Sino Splendid Holdings's average Total Assets Growth Rate was -29.20% per year. During the past 3 years, the average Total Assets Growth Rate was -26.80% per year. During the past 5 years, the average Total Assets Growth Rate was -15.90% per year. During the past 10 years, the average Total Assets Growth Rate was -2.40% per year.

During the past 13 years, Sino Splendid Holdings's highest 3-Year average Total Assets Growth Rate was 99.90%. The lowest was -56.50%. And the median was -4.05%.

Total Assets is connected with ROA %. Sino Splendid Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -149.27%. Total Assets is also linked to Revenue through Asset Turnover. Sino Splendid Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

Sino Splendid Holdings Total Assets Historical Data

The historical data trend for Sino Splendid 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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Sino Splendid Holdings Total Assets Chart

Sino Splendid Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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237.47

202.95

154.68

110.42

85.10

Sino Splendid Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															110.42	-	114.31	-	85.10

Sino Splendid 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.

Sino Splendid Holdings'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 )
	=	51.584	+	33.515
	=	85.10

Sino Splendid Holdings'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 )
	=	51.584	+	33.515
	=	85.10

Sino Splendid Holdings (HKSE:08006) Total Assets Explanation

Total Assets is connected with ROA %.

Sino Splendid Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-127.024	/	( (0	+	85.099)	/ 1 )
	=	-127.024	/	85.099
	=	-149.27 %

Note: The Net Income data used here is four times the quarterly (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.

Sino Splendid Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	9.868	/	( (0	+	85.099)	/ 1 )
=	9.868	/	85.099
=	0.12

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.

Sino Splendid Holdings Total Assets Related Terms

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Sino Splendid Holdings (HKSE:08006) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sino Splendid Holdings Ltd (HKSE:08006) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

18 Queen’s Road Central, New World Tower, Unit 2302, 23rd Floor, Sheung Wan, Hong Kong, HKG

Website

http://www.sinosplendid.com

Sino Splendid Holdings Ltd is an investment holding company. The group is principally engaged in travel media operations with the provision of advertising services through internet and travel magazines, event organizing services, and magazine publication; provision of contents and advertising services in a financial magazine distributed in the People's Republic of China and investment in securities and money lending. The company operates in five segments namely travel media business; financial magazine business; securities investment; money lending; and virtual reality. It derives revenue from travel media business that provides advertising services through the internet and travel magazines, event organizing services, and magazine publication.

Executives

Niu Chengjun

2101 Beneficial owner

Sino Splendid Holdings (HKSE:08006) Headlines

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