GURUFOCUS.COM » STOCK LIST » Technology » Software » Horizon Robotics (HKSE:09660) » Definitions » Total Assets

Horizon Robotics (HKSE:09660) Total Assets : HK$16,097 Mil (As of Jun. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Horizon Robotics Total Assets?

Horizon Robotics's Total Assets for the quarter that ended in Jun. 2024 was HK$16,097 Mil.

During the past 12 months, Horizon Robotics's average Total Assets Growth Rate was 112.30% per year.

Total Assets is connected with ROA %. Horizon Robotics's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Horizon Robotics's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Horizon Robotics Total Assets Historical Data

The historical data trend for Horizon Robotics'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.

* Premium members only.

Horizon Robotics Total Assets Chart

Horizon Robotics Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
12,975.54 11,050.15 17,362.51

Horizon Robotics Quarterly Data
Dec21 Dec22 Jun23 Dec23 Jun24
Total Assets 12,975.54 11,050.15 - 17,362.51 16,097.30

Horizon Robotics 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.

Horizon Robotics'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 )
=-26978.476+44340.983
=17,363

Horizon Robotics's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=-32097.209+48194.509
=16,097

* 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.

Horizon Robotics  (HKSE:09660) Total Assets Explanation

Total Assets is connected with ROA %.

Horizon Robotics's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (17362.507+16097.301)/ 2 )
=0/16729.904
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2024) 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.

Horizon Robotics's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=0/( (17362.507+16097.301)/ 2 )
=0/16729.904
=0.00

* 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.

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.

Horizon Robotics Total Assets Related Terms

Thank you for viewing the detailed overview of Horizon Robotics's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Horizon Robotics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Horizon Robotics (HKSE:09660) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
8YO:Germany
Address
No. 9, Fenghao East Road, Block A, Building No. 2, Haidian District, Beijing, CHN
Website
https://www.horizon.auto
Horizon Robotics is a provider of driver assistance systems (ADAS) and autonomous driving (AD) solutions for passenger vehicles, empowered by software and hardware technologies. Its solutions combine algorithms, purpose-built software and processing hardware, providing the core technologies for assisted and autonomous driving that enhance the safety and experience of drivers and passengers. The company has two segments: Automotive solutions and Non-Automotive solutions. Key revenue is generated from Automotive solutions.

Horizon Robotics Headlines

No Headlines