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Global Pharmatech (Global Pharmatech) Total Assets : $13.56 Mil (As of Jun. 2008)


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What is Global Pharmatech Total Assets?

Global Pharmatech's Total Assets for the quarter that ended in Jun. 2008 was $13.56 Mil.

Total Assets is connected with ROA %. Global Pharmatech's annualized ROA % for the quarter that ended in Jun. 2008 was -2.68%. Total Assets is also linked to Revenue through Asset Turnover. Global Pharmatech's Asset Turnover for the quarter that ended in Jun. 2008 was 0.05.


Global Pharmatech Total Assets Historical Data

The historical data trend for Global Pharmatech'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.

Global Pharmatech Total Assets Chart

Global Pharmatech Annual Data
Trend Mar03 Mar04 Dec05 Dec06 Dec07
Total Assets
- - 12.18 16.14 13.33

Global Pharmatech Quarterly Data
Mar03 Mar04 Sep04 Dec04 Mar05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.18 14.35 13.33 13.55 13.56

Global Pharmatech 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.

Global Pharmatech's Total Assets for the fiscal year that ended in Dec. 2007 is calculated as

Total Assets=Total Equity (A: Dec. 2007 )+Total Liabilities (A: Dec. 2007 )
=9.141+4.192
=13.33

Global Pharmatech's Total Assets for the quarter that ended in Jun. 2008 is calculated as

Total Assets=Total Equity (Q: Jun. 2008 )+Total Liabilities (Q: Jun. 2008 )
=9.182+4.381
=13.56

* 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.


Global Pharmatech  (OTCPK:GBLP) Total Assets Explanation

Total Assets is connected with ROA %.

Global Pharmatech's annualized ROA % for the quarter that ended in Jun. 2008 is

ROA %=Net Income (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=-0.364/( (13.551+13.563)/ 2 )
=-0.364/13.557
=-2.68 %

Note: The Net Income data used here is four times the quarterly (Jun. 2008) 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.

Global Pharmatech's Asset Turnover for the quarter that ended in Jun. 2008 is

Asset Turnover
=Revenue (Q: Jun. 2008 )/( (Total Assets (Q: Mar. 2008 )+Total Assets (Q: Jun. 2008 ))/ count )
=0.728/( (13.551+13.563)/ 2 )
=0.728/13.557
=0.05

* 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.

Global Pharmatech Total Assets Related Terms

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Global Pharmatech (Global Pharmatech) Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Fa Yuen Street, Mong Kok, Flat/RM 705, 7/F, Fa Yuen Commercial Building, Hong Kong, HKG
Global Pharmatech Inc through its subsdiaries, discovers, develops, manufactures and markets proprietary drugs developed based on Traditional Chinese Medicine (TCM) while utilizing modern facilities and advanced R&D technologies. Geographically, the major business activities are carried out through People's Republic of China with sales distribution in China, Hong Kong, Singapore, Malaysia, Indonesia and USA.

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