ZW Data Action Technologies (LTS:0HXO) Total Assets : $14.78 Mil (As of Sep. 2023)

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What is ZW Data Action Technologies Total Assets?

ZW Data Action Technologies's Total Assets for the quarter that ended in Sep. 2023 was $14.78 Mil.

During the past 12 months, ZW Data Action Technologies's average Total Assets Growth Rate was -41.10% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year. During the past 5 years, the average Total Assets Growth Rate was -1.90% per year. During the past 10 years, the average Total Assets Growth Rate was -10.50% per year.

During the past 13 years, ZW Data Action Technologies's highest 3-Year average Total Assets Growth Rate was 540.90%. The lowest was -23.90%. And the median was -5.75%.

Total Assets is connected with ROA %. ZW Data Action Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was -39.19%. Total Assets is also linked to Revenue through Asset Turnover. ZW Data Action Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.59.

ZW Data Action Technologies Total Assets Historical Data

The historical data trend for ZW Data Action Technologies'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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ZW Data Action Technologies Total Assets Chart

ZW Data Action Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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16.97

18.55

20.67

32.63

19.66

ZW Data Action Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															25.00	19.66	17.83	16.25	14.78

ZW Data Action Technologies 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.

ZW Data Action Technologies's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	12.297	+	7.361
	=	19.66

ZW Data Action Technologies'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 )
	=	8.241	+	6.538
	=	14.78

ZW Data Action Technologies (LTS:0HXO) Total Assets Explanation

Total Assets is connected with ROA %.

ZW Data Action Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-6.08	/	( (16.246	+	14.779)	/ 2 )
	=	-6.08	/	15.5125
	=	-39.19 %

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

ZW Data Action Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	9.181	/	( (16.246	+	14.779)	/ 2 )
=	9.181	/	15.5125
=	0.59

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.

ZW Data Action Technologies Total Assets Related Terms

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ZW Data Action Technologies (LTS:0HXO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ZW Data Action Technologies Inc (LTS:0HXO) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

CNET:USA

Address

No. 2 Fengfu Road, Room 1811, Xinghuo Keji Plaza, Fengtai District, Beijing, CHN, 100195

Website

https://www.zdat.com

ZW Data Action Technologies Inc is engaged in providing Internet advertising, precision marketing, e-commerce online to offline (O2O) advertising and marketing services as well as the related data and technical services to small and medium enterprises in the PRC. It offers a variety channels of advertising and marketing services through its system, including distribution of the right to use search engine marketing services, provision of online advertising placements on its web portals, provision of ecommerce O2O advertising and marketing services and provision of other related value-added data and technical services to maximize market exposure and effectiveness for clients.

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