Newlink Technology (Newlink Technology) Total Assets : $132.73 Mil (As of Dec. 2023)

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What is Newlink Technology Total Assets?

Newlink Technology's Total Assets for the quarter that ended in Dec. 2023 was $132.73 Mil.

Warning Sign:

If a company builds assets at 43.1% a year, faster than its revenue growth rate of 16.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Newlink Technology's average Total Assets Growth Rate was 4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 44.30% per year. During the past 5 years, the average Total Assets Growth Rate was 43.10% per year.

During the past 7 years, Newlink Technology's highest 3-Year average Total Assets Growth Rate was 107.50%. The lowest was 44.30%. And the median was 48.55%.

Total Assets is connected with ROA %. Newlink Technology's annualized ROA % for the quarter that ended in Dec. 2023 was -8.83%. Total Assets is also linked to Revenue through Asset Turnover. Newlink Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Newlink Technology Total Assets Historical Data

The historical data trend for Newlink Technology'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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Newlink Technology Total Assets Chart

Newlink Technology Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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34.95

39.53

137.12

142.18

132.73

Newlink Technology Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							137.12	136.69	142.18	136.36	132.73

Newlink Technology 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.

Newlink Technology'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 )
	=	110.488	+	22.238
	=	132.73

Newlink Technology'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 )
	=	110.488	+	22.238
	=	132.73

Newlink Technology (OTCPK:NWLTF) Total Assets Explanation

Total Assets is connected with ROA %.

Newlink Technology'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 )
	=	-11.876	/	( (136.355	+	132.725)	/ 2 )
	=	-11.876	/	134.54
	=	-8.83 %

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.

Newlink Technology'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 )
=	17.863	/	( (136.355	+	132.725)	/ 2 )
=	17.863	/	134.54
=	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.

Newlink Technology Total Assets Related Terms

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Newlink Technology (Newlink Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Newlink Technology Inc (OTCPK:NWLTF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

09600:Hong Kong

Address

Xueqing Road, 5th Floor, Tower A, Xueqing Jiachuang Building, Haidian District, Beijing, CHN, 100083

Website

https://www.xnewtech.com

Newlink Technology Inc is an investment holding company that provides IT solutions, technology-driven IT solutions based on self-developed software products. It provides traditional solution services to its customers involved in specific industries, such as finance, medical, transportation, and logistics as well as general industries. Geographically, all business activities are carried out in China.

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