Gain Plus Holdings (HKSE:09900) Total Assets : HK$402 Mil (As of Sep. 2023)

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What is Gain Plus Holdings Total Assets?

Gain Plus Holdings's Total Assets for the quarter that ended in Sep. 2023 was HK$402 Mil.

During the past 12 months, Gain Plus Holdings's average Total Assets Growth Rate was -7.70% per year. During the past 3 years, the average Total Assets Growth Rate was -8.20% per year. During the past 5 years, the average Total Assets Growth Rate was 2.20% per year.

During the past 8 years, Gain Plus Holdings's highest 3-Year average Total Assets Growth Rate was 41.30%. The lowest was -8.20%. And the median was 11.60%.

Total Assets is connected with ROA %. Gain Plus Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was 7.11%. Total Assets is also linked to Revenue through Asset Turnover. Gain Plus Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 1.25.

Gain Plus Holdings Total Assets Historical Data

The historical data trend for Gain Plus 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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Gain Plus Holdings Total Assets Chart

Gain Plus Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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281.82

287.55

293.97

323.97

368.24

Gain Plus Holdings Semi-Annual Data
	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial										422.26	323.97	337.77	368.24	401.75

Gain Plus 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.

Gain Plus 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 )
	=	288.135	+	80.1
	=	368

Gain Plus 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 )
	=	304.449	+	97.297
	=	402

Gain Plus Holdings (HKSE:09900) Total Assets Explanation

Total Assets is connected with ROA %.

Gain Plus 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 )
	=	27.382	/	( (368.235	+	401.746)	/ 2 )
	=	27.382	/	384.9905
	=	7.11 %

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.

Gain Plus 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 )
=	482.034	/	( (368.235	+	401.746)	/ 2 )
=	482.034	/	384.9905
=	1.25

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.

Gain Plus Holdings Total Assets Related Terms

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Gain Plus Holdings (HKSE:09900) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Gain Plus Holdings Ltd (HKSE:09900) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

39 Lung Sum Avenue, Unit 1323A, Level 13, Landmark North, Sheung Shui, The New Territories, Hong Kong, HKG

Website

https://www.doublegain.hk

Gain Plus Holdings Ltd is a construction contractor company. The company is engaged in the provision of building construction services and repair, maintenance, addition, and alteration services (RMAA). The services undertaken by main contractors and subcontractors include site investigation, demolition, structural alternation, and additional work. In addition, its RMAA services of the company comprise general upkeep, restoration, and renovation of existing facilities and components of buildings and surroundings, and services consisting of civil works for new buildings such as lift towers, soccer fields, and walkways. The company earns the majority of its revenue from the provision of RMAA Services.

Executives

Universe King International Investment Limited	2101 Beneficial owner
Leung Wai Ling	2202 Interest of your spouse
Tsang Chiu Kwan	2201 Interest of corporation controlled by you
Giant Winchain Limited
Lai Wai Lam Ricky
Chu Siu Ping

Gain Plus Holdings (HKSE:09900) Headlines

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