Golden Heaven Group Holdings (Golden Heaven Group Holdings) Total Assets : $82.23 Mil (As of Sep. 2023)

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What is Golden Heaven Group Holdings Total Assets?

Golden Heaven Group Holdings's Total Assets for the quarter that ended in Sep. 2023 was $82.23 Mil.

During the past 12 months, Golden Heaven Group Holdings's average Total Assets Growth Rate was 61.90% per year. During the past 3 years, the average Total Assets Growth Rate was 21.40% per year.

During the past 4 years, Golden Heaven Group Holdings's highest 3-Year average Total Assets Growth Rate was 21.40%. The lowest was 21.40%. And the median was 21.40%.

Total Assets is connected with ROA %. Golden Heaven Group Holdings's annualized ROA % for the quarter that ended in Sep. 2023 was -2.13%. Total Assets is also linked to Revenue through Asset Turnover. Golden Heaven Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 was 0.14.

Golden Heaven Group Holdings Total Assets Historical Data

The historical data trend for Golden Heaven Group 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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Golden Heaven Group Holdings Total Assets Chart

Golden Heaven Group Holdings Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Total Assets

63.34

71.76

73.09

82.23

Golden Heaven Group Holdings Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial			71.76	71.18	73.09	80.65	82.23

Golden Heaven Group 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.

Golden Heaven Group Holdings's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	61.051	+	21.177
	=	82.23

Golden Heaven Group 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 )
	=	61.051	+	21.177
	=	82.23

Golden Heaven Group Holdings (NAS:GDHG) Total Assets Explanation

Total Assets is connected with ROA %.

Golden Heaven Group Holdings's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1.732	/	( (80.649	+	82.227)	/ 2 )
	=	-1.732	/	81.438
	=	-2.13 %

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

Golden Heaven Group Holdings's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	11.726	/	( (80.649	+	82.227)	/ 2 )
=	11.726	/	81.438
=	0.14

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.

Golden Heaven Group Holdings Total Assets Related Terms

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Golden Heaven Group Holdings (Golden Heaven Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Golden Heaven Group Holdings Ltd (NAS:GDHG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Banhouhaichuan Road, Xiqin Town, Yanping District, Fujian Province, Nanping City, CHN, 353001

Website

http://www.jsyoule.com

Golden Heaven Group Holdings Ltd is an offshore holding company. Through the operating entities in China, It manages and operates six properties consisting of amusement parks, water parks, and complementary recreational facilities. The parks offer a broad selection of exhilarating and recreational experiences, including both thrilling and family-friendly rides, water attractions, gourmet festivals, circus performances, and high-tech facilities. The parks collectively contain nearly 159 rides and attractions. The firm's revenue is primarily generated from selling access to rides and attractions, charging fees for special event rentals, and collecting regular rental payments from commercial tenants.