Golden Sun Health Technology Group (Golden Sun Health Technology Group) Total Assets : $19.45 Mil (As of Sep. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Golden Sun Health Technology Group Total Assets?

Golden Sun Health Technology Group's Total Assets for the quarter that ended in Sep. 2023 was $19.45 Mil.

During the past 12 months, Golden Sun Health Technology Group's average Total Assets Growth Rate was 317.20% per year. During the past 3 years, the average Total Assets Growth Rate was -7.50% per year.

During the past 5 years, Golden Sun Health Technology Group's highest 3-Year average Total Assets Growth Rate was -7.50%. The lowest was -34.50%. And the median was -21.00%.

Total Assets is connected with ROA %. Golden Sun Health Technology Group's annualized ROA % for the quarter that ended in Sep. 2023 was -20.60%. Total Assets is also linked to Revenue through Asset Turnover. Golden Sun Health Technology Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.13.

Golden Sun Health Technology Group Total Assets Historical Data

The historical data trend for Golden Sun Health Technology Group'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.

Golden Sun Health Technology Group Total Assets Chart

Golden Sun Health Technology Group Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

14.12

17.45

6.64

23.44

19.45

Golden Sun Health Technology Group Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial				6.64	5.63	23.44	21.56	19.45

Golden Sun Health Technology Group 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.

Golden Sun Health Technology Group's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	4.376	+	15.072
	=	19.45

Golden Sun Health Technology Group'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 )
	=	4.376	+	15.072
	=	19.45

Golden Sun Health Technology Group (NAS:GSUN) Total Assets Explanation

Total Assets is connected with ROA %.

Golden Sun Health Technology Group'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 )
	=	-4.224	/	( (21.562	+	19.448)	/ 2 )
	=	-4.224	/	20.505
	=	-20.60 %

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.

Golden Sun Health Technology Group'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 )
=	2.629	/	( (21.562	+	19.448)	/ 2 )
=	2.629	/	20.505
=	0.13

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.

Golden Sun Health Technology Group Total Assets Related Terms

Thank you for viewing the detailed overview of Golden Sun Health Technology Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Sun Health Technology Group (Golden Sun Health Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Golden Sun Health Technology Group Ltd (NAS:GSUN) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Profit Huiyin Square North Building, Huashan 2018, Unit 1001, Xuhui District, Shanghai, CHN

Website

https://www.jtyjyjt.com

Golden Sun Education Group Ltd is engaged in the provision of education and management services in the People's Republic of China. The company offers private school educational services and foreign language tutorial services and other education training management services. The firm operates four tutorial centers; Yangfushan Tutorial offers a Gaokao repeater tutorial program to high school students who retake Gaokao, Hongkou Tutorial offers various English and other foreign language tutorial programs, Jicai Tutorial offers non-English foreign language tutorial programs to individual students, companies, and other organizations and Zhouzhi Tutorial offers non-English foreign language tutorial programs to individual students, companies and other organizations.