Values Cultural Investment (HKSE:01740) Total Assets : HK$315.17 Mil (As of Jun. 2023)

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What is Values Cultural Investment Total Assets?

Values Cultural Investment's Total Assets for the quarter that ended in Jun. 2023 was HK$315.17 Mil.

During the past 12 months, Values Cultural Investment's average Total Assets Growth Rate was -29.80% per year. During the past 3 years, the average Total Assets Growth Rate was -14.30% per year. During the past 5 years, the average Total Assets Growth Rate was -3.40% per year.

During the past 8 years, Values Cultural Investment's highest 3-Year average Total Assets Growth Rate was 30.30%. The lowest was -14.30%. And the median was 0.60%.

Total Assets is connected with ROA %. Values Cultural Investment's annualized ROA % for the quarter that ended in Jun. 2023 was -8.76%. Total Assets is also linked to Revenue through Asset Turnover. Values Cultural Investment's Asset Turnover for the quarter that ended in Jun. 2023 was 0.06.

Values Cultural Investment Total Assets Historical Data

The historical data trend for Values Cultural Investment'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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Values Cultural Investment Total Assets Chart

Values Cultural Investment Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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472.16

580.08

535.10

337.29

223.79

Values Cultural Investment Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									535.10	499.12	337.29	315.17	223.79

Values Cultural Investment 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.

Values Cultural Investment'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 )
	=	307.744	+	29.546
	=	337.29

Values Cultural Investment's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	287.644	+	27.522
	=	315.17

Values Cultural Investment (HKSE:01740) Total Assets Explanation

Total Assets is connected with ROA %.

Values Cultural Investment's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-28.58	/	( (337.29	+	315.165)	/ 2 )
	=	-28.58	/	326.2275
	=	-8.76 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Values Cultural Investment's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	18.288	/	( (337.29	+	315.165)	/ 2 )
=	18.288	/	326.2275
=	0.06

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.

Values Cultural Investment Total Assets Related Terms

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Values Cultural Investment (HKSE:01740) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Values Cultural Investment Ltd (HKSE:01740) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

11 Hoi Shing Road, Room 16, 28th Floor, One Midtown, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.yuanshimedia.com

Values Cultural Investment Ltd is an investment holding company. It is engaged in licensing of broadcasting rights of TV series, investing in TV series and web series as a non-executive producer, and acting as a distribution agent of TV series. The company's customers include TV stations, companies that are engaged in the business of distribution of TV series, executive producers, and copyright owners of the TV series.

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