Sky Blue 11 Co (Sky Blue 11 Co) Total Assets : $46.31 Mil (As of Dec. 2023)

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What is Sky Blue 11 Co Total Assets?

Sky Blue 11 Co's Total Assets for the quarter that ended in Dec. 2023 was $46.31 Mil.

Warning Sign:

If a company builds assets at 30.6% a year, faster than its revenue growth rate of 15.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Sky Blue 11 Co's average Total Assets Growth Rate was -4.90% per year. During the past 3 years, the average Total Assets Growth Rate was 38.00% per year. During the past 5 years, the average Total Assets Growth Rate was 30.60% per year. During the past 10 years, the average Total Assets Growth Rate was 45.80% per year.

During the past 13 years, Sky Blue 11 Co's highest 3-Year average Total Assets Growth Rate was 125.30%. The lowest was -50.60%. And the median was 2.30%.

Total Assets is connected with ROA %. Sky Blue 11 Co's annualized ROA % for the quarter that ended in Dec. 2023 was -47.10%. Total Assets is also linked to Revenue through Asset Turnover. Sky Blue 11 Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

Sky Blue 11 Co Total Assets Historical Data

The historical data trend for Sky Blue 11 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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Sky Blue 11 Co Total Assets Chart

Sky Blue 11 Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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21.12

20.33

37.83

59.34

46.31

Sky Blue 11 Co Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															37.83	47.57	59.34	52.69	46.31

Sky Blue 11 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.

Sky Blue 11 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 )
	=	-0.381	+	46.692
	=	46.31

Sky Blue 11 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 )
	=	-0.381	+	46.692
	=	46.31

Sky Blue 11 Co (OTCPK:PIHLF) Total Assets Explanation

Total Assets is connected with ROA %.

Sky Blue 11 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 )
	=	-23.316	/	( (52.688	+	46.311)	/ 2 )
	=	-23.316	/	49.4995
	=	-47.10 %

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.

Sky Blue 11 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 )
=	1.573	/	( (52.688	+	46.311)	/ 2 )
=	1.573	/	49.4995
=	0.03

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.

Sky Blue 11 Co Total Assets Related Terms

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Sky Blue 11 Co (Sky Blue 11 Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sky Blue 11 Co Ltd (OTCPK:PIHLF) » Definitions » Total Assets

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01010:Hong Kong

Address

50 Connaught Road Central, 28th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG

Website

https://www.pacray.com.hk

Balk 1798 Group Ltd is an investment holding company. The reportable segment of the company is the design and sales of integrated circuits and semi-conductor parts used in industrial and household measuring tools and display products; executive jet management services; sales of yachts and other yachting related businesses; property investment and Headquarter and others segment which comprises principally the Group's corporate administrative and investment functions performed by the headquarter and provision of finance lease services. Its geographical markets include Hong Kong and Mainland China.

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