Deewin Tianxia Co (HKSE:02418) Total Assets : HK$10,068 Mil (As of Dec. 2023)

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What is Deewin Tianxia Co Total Assets?

Deewin Tianxia Co's Total Assets for the quarter that ended in Dec. 2023 was HK$10,068 Mil.

During the past 12 months, Deewin Tianxia Co's average Total Assets Growth Rate was 0.20% per year. During the past 3 years, the average Total Assets Growth Rate was -11.10% per year.

During the past 5 years, Deewin Tianxia Co's highest 3-Year average Total Assets Growth Rate was -0.30%. The lowest was -11.10%. And the median was -5.70%.

Total Assets is connected with ROA %. Deewin Tianxia Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.88%. Total Assets is also linked to Revenue through Asset Turnover. Deewin Tianxia Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.18.

Deewin Tianxia Co Total Assets Historical Data

The historical data trend for Deewin Tianxia 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.

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Deewin Tianxia Co Total Assets Chart

Deewin Tianxia Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

10,050.10

13,474.94

12,474.91

10,243.24

10,068.05

Deewin Tianxia Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			12,474.91	11,136.28	10,243.24	9,587.69	10,068.05

Deewin Tianxia 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.

Deewin Tianxia 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 )
	=	3630.564	+	6437.483
	=	10,068

Deewin Tianxia 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 )
	=	3630.564	+	6437.483
	=	10,068

Deewin Tianxia Co (HKSE:02418) Total Assets Explanation

Total Assets is connected with ROA %.

Deewin Tianxia 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 )
	=	86.366	/	( (9587.69	+	10068.047)	/ 2 )
	=	86.366	/	9827.8685
	=	0.88 %

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.

Deewin Tianxia 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 )
=	1751.528	/	( (9587.69	+	10068.047)	/ 2 )
=	1751.528	/	9827.8685
=	0.18

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.

Deewin Tianxia Co Total Assets Related Terms

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Deewin Tianxia Co (HKSE:02418) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Deewin Tianxia Co Ltd (HKSE:02418) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 West Section of Xijin Road, Building 1, Jingwei Centre, 16th Floor, Unit 1, Economic and Technological Development Zone, Jingwei New City, Shaanxi, Xi’an, CHN

Website

http://www.deewintx.com

Deewin Tianxia Co Ltd is principally engaged in the business of logistics and supply chain service including supply chain business, automobile sales business and aftermarket product business, supply chain financial service including financial leasing business, factoring business and insurance brokerage business, and internet of vehicle and data service in China to players along the commercial automobile industry chain. Commercial automobiles, mainly include trucks, pickups, trailers, buses and lorries.

Executives

Jian Xin Xin Tuo Jian Hang Hao Dan Yi Zi Jin Xin Tuo Ji Hua
Hai Nan Tian Kun Tian Zhi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo	2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shang Hai Guo Ji Xin Tuo You Xian Gong Si	2301 Trustee
Guo Tou Tai Kang Xin Tuo You Xian Gong Si	2301 Trustee
Hwabao Trust Co., Ltd	2301 Trustee
Shan Xi Qi Che Kong Gu Ji Tuan You Xian Gong Si
Shan Xi Qi Che Ji Tuan Gu Fen You Xian Gong Si
Shan Xi Zhong Xing Qi Che You Xian Gong Si

Deewin Tianxia Co (HKSE:02418) Headlines

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