Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Total Assets : $11.60 Mil (As of Dec. 2023)

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What is Neo-Concept International Group Holdings Total Assets?

Neo-Concept International Group Holdings's Total Assets for the quarter that ended in Dec. 2023 was $11.60 Mil.

During the past 12 months, Neo-Concept International Group Holdings's average Total Assets Growth Rate was 154.00% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year.

During the past 4 years, Neo-Concept International Group Holdings's highest 3-Year average Total Assets Growth Rate was 9.80%. The lowest was 9.80%. And the median was 9.80%.

Total Assets is connected with ROA %. Neo-Concept International Group Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 21.09%. Total Assets is also linked to Revenue through Asset Turnover. Neo-Concept International Group Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 1.06.

Neo-Concept International Group Holdings Total Assets Historical Data

The historical data trend for Neo-Concept International 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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Neo-Concept International Group Holdings Total Assets Chart

Neo-Concept International Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

8.26

5.16

5.38

11.60

Neo-Concept International Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			5.16	9.38	5.38	11.69	11.60

Neo-Concept International 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.

Neo-Concept International 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 )
	=	-0.306	+	11.909
	=	11.60

Neo-Concept International 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 )
	=	-0.306	+	11.909
	=	11.60

Neo-Concept International Group Holdings (NAS:NCI) Total Assets Explanation

Total Assets is connected with ROA %.

Neo-Concept International Group Holdings'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 )
	=	2.456	/	( (11.692	+	11.603)	/ 2 )
	=	2.456	/	11.6475
	=	21.09 %

Note: The Net Income data used here is two times the semi-annual (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.

Neo-Concept International Group Holdings'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 )
=	12.329	/	( (11.692	+	11.603)	/ 2 )
=	12.329	/	11.6475
=	1.06

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.

Neo-Concept International Group Holdings Total Assets Related Terms

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Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Neo-Concept International Group Holdings Ltd (NAS:NCI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

10th floor, Seaview Centre, No.139-141 Hoi Bun Road, Kwun Tong, Kowloon, HKG

Website

https://www.neo-ig.com

Neo-Concept International Group Holdings Ltd is a company whose a one-stop apparel solution services provider. They offer a full suite of services in the apparel supply chain, including market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management serving customers located in the European, and North American markets through Neo-Concept HK.

Neo-Concept International Group Holdings (Neo-Concept International Group Holdings) Headlines

From GuruFocus

Neo-Concept International Group Holdings Limited Announces Pricing of Initial Public Offering and Listing on Nasdaq

By Marketwired • 04-23-2024