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Qian Yuan Baixing (Qian Yuan Baixing) Total Assets : $2.35 Mil (As of Sep. 2011)


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What is Qian Yuan Baixing Total Assets?

Qian Yuan Baixing's Total Assets for the quarter that ended in Sep. 2011 was $2.35 Mil.

Total Assets is connected with ROA %. Qian Yuan Baixing's annualized ROA % for the quarter that ended in Sep. 2011 was -18.94%. Total Assets is also linked to Revenue through Asset Turnover. Qian Yuan Baixing's Asset Turnover for the quarter that ended in Sep. 2011 was 1.07.


Qian Yuan Baixing Total Assets Historical Data

The historical data trend for Qian Yuan Baixing'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.

Qian Yuan Baixing Total Assets Chart

Qian Yuan Baixing Annual Data
Trend Aug06 Aug07 Dec08 Dec09 Dec10
Total Assets
0.10 0.07 2.17 2.37 3.00

Qian Yuan Baixing Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 2.83 3.00 3.08 2.59 2.35

Qian Yuan Baixing 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.

Qian Yuan Baixing's Total Assets for the fiscal year that ended in Dec. 2010 is calculated as

Total Assets=Total Equity (A: Dec. 2010 )+Total Liabilities (A: Dec. 2010 )
=-2.001+5.001
=3.00

Qian Yuan Baixing's Total Assets for the quarter that ended in Sep. 2011 is calculated as

Total Assets=Total Equity (Q: Sep. 2011 )+Total Liabilities (Q: Sep. 2011 )
=-2.383+4.736
=2.35

* 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.


Qian Yuan Baixing  (OTCPK:QYBX) Total Assets Explanation

Total Assets is connected with ROA %.

Qian Yuan Baixing's annualized ROA % for the quarter that ended in Sep. 2011 is

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=-0.468/( (2.587+2.354)/ 2 )
=-0.468/2.4705
=-18.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) 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.

Qian Yuan Baixing's Asset Turnover for the quarter that ended in Sep. 2011 is

Asset Turnover
=Revenue (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=2.642/( (2.587+2.354)/ 2 )
=2.642/2.4705
=1.07

* 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.

Qian Yuan Baixing Total Assets Related Terms

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Qian Yuan Baixing (Qian Yuan Baixing) Business Description

Traded in Other Exchanges
N/A
Address
601 Union Street, Suite 4200, Seattle, WA, USA, 98101
Qian Yuan Baixing Inc is a shell Company.

Qian Yuan Baixing (Qian Yuan Baixing) Headlines

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