Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Total Assets : $7,444 Mil (As of Dec. 2023)

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What is Tingyi (Cayman Islands) Holding Total Assets?

Tingyi (Cayman Islands) Holding's Total Assets for the quarter that ended in Dec. 2023 was $7,444 Mil.

During the past 12 months, Tingyi (Cayman Islands) Holding's average Total Assets Growth Rate was -15.00% per year. During the past 3 years, the average Total Assets Growth Rate was 3.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was -1.60% per year.

During the past 13 years, Tingyi (Cayman Islands) Holding's highest 3-Year average Total Assets Growth Rate was 32.00%. The lowest was -8.60%. And the median was 8.80%.

Total Assets is connected with ROA %. Tingyi (Cayman Islands) Holding's annualized ROA % for the quarter that ended in Dec. 2023 was 5.27%. Total Assets is also linked to Revenue through Asset Turnover. Tingyi (Cayman Islands) Holding's Asset Turnover for the quarter that ended in Dec. 2023 was 0.70.

Tingyi (Cayman Islands) Holding Total Assets Historical Data

The historical data trend for Tingyi (Cayman Islands) Holding'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.

Tingyi (Cayman Islands) Holding Total Assets Chart

Tingyi (Cayman Islands) Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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8,263.78

9,409.48

9,468.74

8,383.80

7,443.72

Tingyi (Cayman Islands) Holding Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															9,468.74	9,518.69	8,383.80	8,281.55	7,443.72

Tingyi (Cayman Islands) Holding 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.

Tingyi (Cayman Islands) Holding'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 )
	=	2412.011	+	5031.709
	=	7,444

Tingyi (Cayman Islands) Holding's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	2412.011	+	5031.709
	=	7,444

Tingyi (Cayman Islands) Holding (OTCPK:TCYMF) Total Assets Explanation

Total Assets is connected with ROA %.

Tingyi (Cayman Islands) Holding's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	414.496	/	( (8281.552	+	7443.721)	/ 2 )
	=	414.496	/	7862.6365
	=	5.27 %

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

Tingyi (Cayman Islands) Holding's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	5533.545	/	( (8281.552	+	7443.721)	/ 2 )
=	5533.545	/	7862.6365
=	0.70

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.

Tingyi (Cayman Islands) Holding Total Assets Related Terms

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Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tingyi (Cayman Islands) Holding Corp (OTCPK:TCYMF) » Definitions » Total Assets

Traded in Other Exchanges

TYCMY:USA 910322:Taiwan 00322:Hong Kong TYG:Germany TYG:Germany

Address

No. 1688, Wuzhong Road, Building A, Minhang District, Shanghai, CHN, 201103

Website

https://www.masterkong.com.cn

Tingyi is a leading producer of instant noodles and RTD beverages in China, with its Master Kong brand being the most widely known. The company commenced its instant noodle business in the country in 1992 and expanded into beverages in 1996. In March 2012, Tingyi formed a strategic alliance with PepsiCo and became the exclusive manufacturer and distributor of Pepsi's nonalcoholic drinks in China.

Tingyi (Cayman Islands) Holding (Tingyi (Cayman Islands) Holding) Headlines

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