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FinVolution Group Total Assets

: $2,848 Mil (As of Dec. 2021)
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FinVolution Group's Total Assets for the quarter that ended in Dec. 2021 was $2,848 Mil.

Warning Sign:

If a company builds asset at 48.7% a year, faster than its revenue growth rate of 37.2% over the past 5 years, it means that the company may be getting less efficent.

During the past 12 months, FinVolution Group's average Total Assets Growth Rate was 25.00% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 48.70% per year.

During the past 7 years, FinVolution Group's highest 3-Year average Total Assets Growth Rate was 147.20%. The lowest was 11.20%. And the median was 74.55%.

Total Assets is connected with ROA %. FinVolution Group's annualized ROA % for the quarter that ended in Dec. 2021 was 15.35%. Total Assets is also linked to Revenue through Asset Turnover. FinVolution Group's Asset Turnover for the quarter that ended in Dec. 2021 was 0.14.


FinVolution Group Total Assets Historical Data

The historical data trend for FinVolution 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.

* Premium members only.

FinVolution Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Assets
Premium Member Only Premium Member Only 1,304.93 1,909.22 2,609.81 2,275.81 2,847.81

FinVolution Group Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Total Assets 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 Premium Member Only Premium Member Only Premium Member Only 2,275.81 2,289.88 2,365.63 2,519.76 2,847.81

FinVolution 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.

FinVolution Group's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (A: Dec. 2021 )+Total Liabilities (A: Dec. 2021 )
=1681.4422307004+1166.3669477023
=2,848

FinVolution Group's Total Assets for the quarter that ended in Dec. 2021 is calculated as

Total Assets=Total Equity (Q: Dec. 2021 )+Total Liabilities (Q: Dec. 2021 )
=1681.4422307004+1166.3669477023
=2,848

* 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.


FinVolution Group  (NYSE:FINV) Total Assets Explanation

Total Assets is connected with ROA %.

FinVolution Group's annualized ROA % for the quarter that ended in Dec. 2021 is

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=411.88450850172/( (2519.7614732897+2847.8091784027)/ 2 )
=411.88450850172/2683.7853258462
=15.35 %

Note: The Net Income data used here is four times the quarterly (Dec. 2021) 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.

FinVolution Group's Asset Turnover for the quarter that ended in Dec. 2021 is

Asset Turnover
=Revenue (Q: Dec. 2021 )/( (Total Assets (Q: Sep. 2021 )+Total Assets (Q: Dec. 2021 ))/ count )
=384.34725951046/( (2519.7614732897+2847.8091784027)/ 2 )
=384.34725951046/2683.7853258462
=0.14

* 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.

FinVolution Group Total Assets Related Terms

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FinVolution Group Business Description

FinVolution Group logo
Industry
Financial Services » Credit Services NAICS : 522310 SIC : 6163
Traded in Other Exchanges
Address
No. 999 Dangui Road, Building G1, Pudong New District, Shanghai, CHN, 201203
FinVolution Group is a provider of online consumer finance in China. It offers various loan products, making financial services available to borrowers anytime, anywhere; designs a loan transaction process, and offers Tailored risk-based pricing. It offers short-term loans to borrowers to meet immediate credit needs while allowing them to gradually establish their credit history through activities on the company's platform. The company provides investors with an opportunity to invest in emerging asset class-consumer loans through a variety of investment options. It generates revenues from fees charged to borrowers.

FinVolution Group Headlines

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