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Global Digital Creations Holdings (HKSE:08271) Total Assets : HK$545.08 Mil (As of Dec. 2023)


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What is Global Digital Creations Holdings Total Assets?

Global Digital Creations Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$545.08 Mil.

During the past 12 months, Global Digital Creations Holdings's average Total Assets Growth Rate was -17.90% per year. During the past 3 years, the average Total Assets Growth Rate was -4.70% per year. During the past 5 years, the average Total Assets Growth Rate was 3.60% per year. During the past 10 years, the average Total Assets Growth Rate was -12.50% per year.

During the past 13 years, Global Digital Creations Holdings's highest 3-Year average Total Assets Growth Rate was 180.30%. The lowest was -47.60%. And the median was 6.10%.

Total Assets is connected with ROA %. Global Digital Creations Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -6.97%. Total Assets is also linked to Revenue through Asset Turnover. Global Digital Creations Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.


Global Digital Creations Holdings Total Assets Historical Data

The historical data trend for Global Digital Creations 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.

* Premium members only.

Global Digital Creations Holdings Total Assets Chart

Global Digital Creations Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 573.56 650.30 690.08 632.36 545.08

Global Digital Creations Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 632.36 - 603.46 - 545.08

Global Digital Creations 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.

Global Digital Creations 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 )
=308.188+236.893
=545.08

Global Digital Creations 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 )
=308.188+236.893
=545.08

* 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 Digital Creations Holdings  (HKSE:08271) Total Assets Explanation

Total Assets is connected with ROA %.

Global Digital Creations Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-37.988/( (0+545.081)/ 1 )
=-37.988/545.081
=-6.97 %

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

Global Digital Creations Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=20.862/( (0+545.081)/ 1 )
=20.862/545.081
=0.04

* 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 Digital Creations Holdings Total Assets Related Terms

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Global Digital Creations Holdings (HKSE:08271) Business Description

Traded in Other Exchanges
N/A
Address
191 Java Road, Unit 1606, 16th Floor, K. Wah Centre, North Point, Hong Kong, HKG
Global Digital Creations Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in computer graphic (CG) creation and production. It operates in two segments Interactive Entertainment and Digital Assets segment including Interactive Entertainment and Digital Assets, an exhibition of television series and movies as well as the production of animated films. It is New Cultural and Sports Space segment that includes integrating culture and technology development business the original business of property leasing and building management services and new businesses. It operates in China, South Korea, Hong Kong, and other countries, of which the majority of the revenue comes from China.
Executives
Shougang Group Co., Ltd. 2201 Interest of corporation controlled by you
Chen Zheng 2101 Beneficial owner
Shougang Holding (hong Kong) Limited 2201 Interest of corporation controlled by you
Upper Nice Assets Ltd. 2101 Beneficial owner

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