Pop Culture Group Co (Pop Culture Group Co) Total Assets : $41.19 Mil (As of Dec. 2023)

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What is Pop Culture Group Co Total Assets?

Pop Culture Group Co's Total Assets for the quarter that ended in Dec. 2023 was $41.19 Mil.

During the past 12 months, Pop Culture Group Co's average Total Assets Growth Rate was -33.50% per year. During the past 3 years, the average Total Assets Growth Rate was 18.00% per year.

During the past 5 years, Pop Culture Group Co's highest 3-Year average Total Assets Growth Rate was 53.50%. The lowest was 18.00%. And the median was 35.75%.

Total Assets is connected with ROA %. Pop Culture Group Co's annualized ROA % for the quarter that ended in Dec. 2023 was -11.79%. Total Assets is also linked to Revenue through Asset Turnover. Pop Culture Group Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.60.

Pop Culture Group Co Total Assets Historical Data

The historical data trend for Pop Culture Group Co'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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Pop Culture Group Co Total Assets Chart

Pop Culture Group Co Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

14.47

22.90

34.43

64.37

39.05

Pop Culture Group Co Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial					65.86	64.37	61.17	39.05	41.19

Pop Culture Group Co 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.

Pop Culture Group Co's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	26.178	+	12.867
	=	39.05

Pop Culture Group Co'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 )
	=	23.91	+	17.281
	=	41.19

Pop Culture Group Co (NAS:CPOP) Total Assets Explanation

Total Assets is connected with ROA %.

Pop Culture Group Co'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 )
	=	-4.73	/	( (39.045	+	41.191)	/ 2 )
	=	-4.73	/	40.118
	=	-11.79 %

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.

Pop Culture Group Co'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 )
=	24.008	/	( (39.045	+	41.191)	/ 2 )
=	24.008	/	40.118
=	0.60

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.

Pop Culture Group Co Total Assets Related Terms

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Pop Culture Group Co (Pop Culture Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Pop Culture Group Co Ltd (NAS:CPOP) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3rd Floor, No. 168 Fengqi Road, Jimei District, Fujian Province, Xiamen, CHN, 361008

Website

http://www.cpop.cn

Pop Culture Group Co Ltd hosts entertainment events, operates hip-hop-related online programs, and provides event planning and execution services and marketing services to corporate clients. It generates revenue from our Event Hosting business by providing sponsorship packages to advertisers in exchange for sponsorship fees and by selling tickets for those concerts.