GME Group Holdings (HKSE:08188) Total Assets : HK$273.1 Mil (As of Dec. 2023)

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What is GME Group Holdings Total Assets?

GME Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$273.1 Mil.

During the past 12 months, GME Group Holdings's average Total Assets Growth Rate was 84.60% per year. During the past 3 years, the average Total Assets Growth Rate was 58.70% per year. During the past 5 years, the average Total Assets Growth Rate was 35.30% per year.

During the past 10 years, GME Group Holdings's highest 3-Year average Total Assets Growth Rate was 58.70%. The lowest was -8.60%. And the median was 27.70%.

Total Assets is connected with ROA %. GME Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 83.47%. Total Assets is also linked to Revenue through Asset Turnover. GME Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.89.

GME Group Holdings Total Assets Historical Data

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

GME Group Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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70.68

74.09

148.35

156.95

273.10

GME Group 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															156.95	-	194.70	-	273.10

GME 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.

GME Group 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 )
	=	131.071	+	142.026
	=	273.1

GME Group 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 )
	=	131.071	+	142.026
	=	273.1

GME Group Holdings (HKSE:08188) Total Assets Explanation

Total Assets is connected with ROA %.

GME Group 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 )
	=	227.956	/	( (0	+	273.097)	/ 1 )
	=	227.956	/	273.097
	=	83.47 %

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.

GME Group 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 )
=	243.647	/	( (0	+	273.097)	/ 1 )
=	243.647	/	273.097
=	0.89

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.

GME Group Holdings Total Assets Related Terms

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GME Group Holdings (HKSE:08188) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GME Group Holdings Ltd (HKSE:08188) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 Electric Road, Room 1001-2, 10th Floor, Hong Kong, HKG

Website

https://www.gmehk.com

GME Group Holdings Ltd along with its subsidiaries is engaged in providing underground construction services in Hong Kong. Tunnel construction services include excavation, shortening, shutter design and fabrication, tunnel lining services, shafts, advanced and structural works; and utility construction that includes mainly underground public utility works such as road and drainage works and others that include mainly structural works and construction of service buildings and support structure. It also provides program design, costing, and management for underground construction services. It derives all of its revenue from Hong Kong.

Executives

Ng Kwok Lun	2101 Beneficial owner
Chuang Chun Ngok Boris	2103 Interests held jointly with another person
Chuang Wei Chu	2103 Interests held jointly with another person
Chuang Yau Ka	2103 Interests held jointly with another person
To Yin Ping	2101 Beneficial owner

GME Group Holdings (HKSE:08188) Headlines

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