China 33 Media Group (HKSE:08087) Total Assets : HK$0.00 Mil (As of Sep. 2023)

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What is China 33 Media Group Total Assets?

China 33 Media Group's Total Assets for the quarter that ended in Sep. 2023 was HK$0.00 Mil.

During the past 12 months, China 33 Media Group's average Total Assets Growth Rate was -32.40% per year. During the past 3 years, the average Total Assets Growth Rate was -16.10% per year. During the past 5 years, the average Total Assets Growth Rate was -12.90% per year. During the past 10 years, the average Total Assets Growth Rate was 5.20% per year.

During the past 13 years, China 33 Media Group's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was -16.10%. And the median was 3.90%.

Total Assets is connected with ROA %. China 33 Media Group's annualized ROA % for the quarter that ended in Sep. 2023 was -2.91%. Total Assets is also linked to Revenue through Asset Turnover. China 33 Media Group's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

China 33 Media Group Total Assets Historical Data

The historical data trend for China 33 Media Group'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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China 33 Media Group Total Assets Chart

China 33 Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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561.27

486.10

421.13

407.47

299.05

China 33 Media Group 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															407.47	-	391.79	-	299.05

China 33 Media Group 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.

China 33 Media Group'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 )
	=	37.617	+	261.428
	=	299.05

China 33 Media Group'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 )
	=	N/A	+	N/A
	=	N/A

China 33 Media Group (HKSE:08087) Total Assets Explanation

Total Assets is connected with ROA %.

China 33 Media Group'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 )
	=	-11.416	/	( (391.785	+	0)	/ 1 )
	=	-11.416	/	391.785
	=	-2.91 %

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.

China 33 Media Group'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 )
=	7.328	/	( (391.785	+	0)	/ 1 )
=	7.328	/	391.785
=	0.02

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.

China 33 Media Group Total Assets Related Terms

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China 33 Media Group (HKSE:08087) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China 33 Media Group Ltd (HKSE:08087) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Jiuxianqiao Road, Unit 410-412, 4th Floor, Chaoyang District, One Indigo, Beijing, CHN

Website

http://www.china33media.com

China 33 Media Group Ltd is engaged in outdoor and digital advertising, film and entertainment investment, prepaid card business as well as printed media advertising. Its segments are printed media advertising; outdoor and digital advertising; film and entertainment investment; and prepaid cards. It derives the majority of the revenue from the outdoor and digital advertising segment that generates income from online advertising through mobile applications and websites, etc. as well as the sale of advertising spaces on the billboards and LEDs installed at certain railway stations, and revenue from promotion campaigns conducted in train stations.

China 33 Media Group (HKSE:08087) Headlines

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