CVTV (China VTV) Total Assets: $52.70 Mil (As of Aug. 2020)


What is China VTV Total Assets?

China VTV CVTV Total Assets is $52.70 Mil as of Aug. 2020.

China VTV's Total Assets for the quarter that ended in Aug. 2020 was $52.70 Mil.

Total Assets is connected with ROA %. China VTV's annualized ROA % for the quarter that ended in Aug. 2020 was 1.02%. Total Assets is also linked to Revenue through Asset Turnover. China VTV's Asset Turnover for the quarter that ended in Aug. 2020 was 0.06.

China VTV  (OTCPK:CVTV) Total Assets Explanation

Total Assets is connected with ROA %.

China VTV's annualized ROA % for the quarter that ended in Aug. 2020 is

ROA %=Net Income (Q: Aug. 2020 )/( (Total Assets (Q: May. 2020 )+Total Assets (Q: Aug. 2020 ))/ count )
=0.54/( (52.684+52.698)/ 2 )
=0.54/52.691
=1.02 %

Note: The Net Income data used here is four times the quarterly (Aug. 2020) 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 VTV's Asset Turnover for the quarter that ended in Aug. 2020 is

Asset Turnover
=Revenue (Q: Aug. 2020 )/( (Total Assets (Q: May. 2020 )+Total Assets (Q: Aug. 2020 ))/ count )
=3.024/( (52.684+52.698)/ 2 )
=3.024/52.691
=0.06

* 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.

China VTV Total Assets Related Terms

China VTV Total Assets Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Total Assets Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Total Assets
Get a 7-Day Free Trial 0.01 0.00 0.05 0.02 50.84

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
Total Assets Get a 7-Day Free Trial 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 0.11 0.10 50.84 52.68 52.70

China VTV 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 VTV's Total Assets for the fiscal year that ended in Feb. 2020 is calculated as

Total Assets=Total Equity (A: Feb. 2020 )+Total Liabilities (A: Feb. 2020 )
=-0.327+51.166
=50.84

China VTV's Total Assets for the quarter that ended in Aug. 2020 is calculated as

Total Assets=Total Equity (Q: Aug. 2020 )+Total Liabilities (Q: Aug. 2020 )
=4.484+48.214
=52.70

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $52.70 Mil mean?
China VTV (CVTV) has a Total Assets of $52.70 Mil as of Aug. 2020. The total amount of assets as recorded on a company's balance sheet. View historical data on China VTV and its competitors.
Is China VTV's Total Assets too high?
China VTV's current Total Assets is $52.70 Mil.
How does China VTV's Total Assets compare to REBL and CSSE?
China VTV's Total Assets of $52.70 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Interactive Media company?
A good Total Assets depends on the Interactive Media industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on China VTV and its competitors. China VTV's current Total Assets is $52.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Total Assets of $52.70 Mil. The current Total Assets is $52.70 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For China VTV (CVTV), the current Total Assets is $52.70 Mil as of Aug. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.