New Asia Holdings (New Asia Holdings) Total Assets : $0.02 Mil (As of Sep. 2023)

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What is New Asia Holdings Total Assets?

New Asia Holdings's Total Assets for the quarter that ended in Sep. 2023 was $0.02 Mil.

During the past 3 years, the average Total Assets Growth Rate was 5.70% per year. During the past 5 years, the average Total Assets Growth Rate was 0.90% per year.

During the past 13 years, New Asia Holdings's highest 3-Year average Total Assets Growth Rate was 104.10%. The lowest was -71.00%. And the median was -2.60%.

Total Assets is connected with ROA %. New Asia Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -558.49%. Total Assets is also linked to Revenue through Asset Turnover. New Asia Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

New Asia Holdings Total Assets Historical Data

The historical data trend for New Asia Holdings'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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New Asia Holdings Total Assets Chart

New Asia Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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0.04

0.21

0.07

0.02

New Asia Holdings 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															0.02	0.02	0.03	0.03	0.02

New Asia Holdings 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.

New Asia Holdings'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 )
	=	-1.171	+	1.195
	=	0.02

New Asia Holdings'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 )
	=	-1.294	+	1.317
	=	0.02

New Asia Holdings (OTCPK:NAHD) Total Assets Explanation

Total Assets is connected with ROA %.

New Asia Holdings'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 )
	=	-0.148	/	( (0.03	+	0.023)	/ 2 )
	=	-0.148	/	0.0265
	=	-558.49 %

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.

New Asia Holdings'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 )
=	0	/	( (0.03	+	0.023)	/ 2 )
=	0	/	0.0265
=	0.00

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.

New Asia Holdings Total Assets Related Terms

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New Asia Holdings (New Asia Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » New Asia Holdings Inc (OTCPK:NAHD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Tras Street, Suite 01-03, Singapore, SGP, 079019

Website

https://www.newasiainc.com

New Asia Holdings Inc is engaged in developing and deploying its proprietary, neural trading models for the financial community. It offers trading software solutions to clients on the basis of a software-as-a-service (SaaS) licensing and delivery models with licensed users availing of service-based contractual arrangements. The company's products capitalize the large volume of the 24 hour Forex markets to achieve capital appreciation over a medium- to long-term basis, combined with the usage of a good wealth vehicle designed to control risk, profit from both bull or bear markets, and maximize liquidity and economic resilience.

Executives

Lin Kok Peng Jeffrey	director, 10 percent owner	8 UBI ROAD, #02-07, ZERVEX U0 408538
Ng Anthony Zi Qin	10 percent owner	102 GERALD DRIVE, #04-75, SELETAR SPRINGS, SINGAPORE U0 798593
Scott C. Kline	director	15615 ALTON PKWY #450, IRVINE CA 92618
Lim Allister Wee Sing	director	111 NORTH BRIDGE ROAD,, #11-04 PENINSULA PLAZA, SINGAPORE U0 179098

New Asia Holdings (New Asia Holdings) Headlines

From GuruFocus

New Asia Holdings Inc. Issues Statement Regarding Recent Third-Party Promotional Activity

By PRNewswire PRNewswire • 08-05-2019