Virtual Mind Holding Co (HKSE:01520) Total Assets : HK$214.19 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Virtual Mind Holding Co Total Assets?

Virtual Mind Holding Co's Total Assets for the quarter that ended in Dec. 2023 was HK$214.19 Mil.

During the past 12 months, Virtual Mind Holding Co's average Total Assets Growth Rate was -31.60% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -4.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.50% per year.

During the past 12 years, Virtual Mind Holding Co's highest 3-Year average Total Assets Growth Rate was 34.00%. The lowest was -17.20%. And the median was 3.50%.

Total Assets is connected with ROA %. Virtual Mind Holding Co's annualized ROA % for the quarter that ended in Dec. 2023 was -61.20%. Total Assets is also linked to Revenue through Asset Turnover. Virtual Mind Holding Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.15.

Virtual Mind Holding Co Total Assets Historical Data

The historical data trend for Virtual Mind Holding 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.

* Premium members only.

Virtual Mind Holding Co Total Assets Chart

Virtual Mind Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

351.05

283.70

234.83

288.37

214.19

Virtual Mind Holding Co Semi-Annual 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															234.83	231.38	288.37	259.68	214.19

Virtual Mind Holding 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.

Virtual Mind Holding 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 )
	=	148.712	+	65.473
	=	214.19

Virtual Mind Holding 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 )
	=	148.712	+	65.473
	=	214.19

Virtual Mind Holding Co (HKSE:01520) Total Assets Explanation

Total Assets is connected with ROA %.

Virtual Mind Holding 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 )
	=	-144.996	/	( (259.679	+	214.185)	/ 2 )
	=	-144.996	/	236.932
	=	-61.20 %

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.

Virtual Mind Holding 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 )
=	34.396	/	( (259.679	+	214.185)	/ 2 )
=	34.396	/	236.932
=	0.15

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.

Virtual Mind Holding Co Total Assets Related Terms

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

Virtual Mind Holding Co (HKSE:01520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Virtual Mind Holding Co Ltd (HKSE:01520) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

538 Castle Peak Road, Room 2511-15, 25 Floor, Peninsula Tower, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

https://www.vmh.com.hk

Virtual Mind Holding Co Ltd is engaged in designing, manufacturing, and trading apparel; provision of money lending business, namely money lending operation; selling of gaming and animated characters related products, namely IP application and products operation. It offers women's fashion outerwear such as coats and jackets, dresses, activewear, and pants. Majority of the revenue is generated from the Design, manufacture, and trading of the apparel segment. Geographically, it derives the majority of revenue from The PRC and also has a presence in Hong Kong and The USA.

Executives

Vc International Asset Management Limited	2102 Investment manager
Anli Investment Fund Spc-anli Greater China Opportunity Fund Segregated Portfolio	2101 Beneficial owner
Yu Chunfeng	2101 Beneficial owner
King Castle Enterprises Limited	2501 Other
Wong Kin Ting	2501 Other
King Castle Enterprises Limited	2101 Beneficial owner
Dreamtoys Ltd	2101 Beneficial owner
Zeng Ge	2201 Interest of corporation controlled by you
Vc Financial Group Limited	2201 Interest of corporation controlled by you
Value Convergence Holdings Limited	2201 Interest of corporation controlled by you
Anli Holdings Limited	2201 Interest of corporation controlled by you
Anli Asset Management Limited	2102 Investment manager
Baolingbao Biology Co.,ltd.	2201 Interest of corporation controlled by you
Li Shao Yu
Blb International Company Limited	2101 Beneficial owner

Virtual Mind Holding Co (HKSE:01520) Headlines

No Headlines