GRYUF (Greencity Acquisition) Total Assets : $6.67 Mil (As of Dec. 2022)

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What is Greencity Acquisition Total Assets?

Greencity Acquisition's Total Assets for the quarter that ended in Dec. 2022 was $6.67 Mil.

During the past 12 months, Greencity Acquisition's average Total Assets Growth Rate was -83.90% per year. During the past 3 years, the average Total Assets Growth Rate was 223.40% per year.

During the past 5 years, Greencity Acquisition's highest 3-Year average Total Assets Growth Rate was 223.40%. The lowest was 223.40%. And the median was 223.40%.

Total Assets is connected with ROA %. Greencity Acquisition's annualized ROA % for the quarter that ended in Dec. 2022 was -0.25%. Total Assets is also linked to Revenue through Asset Turnover. Greencity Acquisition's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Greencity Acquisition Total Assets Historical Data

The historical data trend for Greencity Acquisition'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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Greencity Acquisition Total Assets Chart

Greencity Acquisition Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

0.05

0.20

41.22

41.49

6.67

Greencity Acquisition Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Total Assets	Get a 7-Day Free Trial										41.49	41.84	41.33	42.03	6.67

Greencity Acquisition 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.

Greencity Acquisition's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	2.384	+	4.286
	=	6.67

Greencity Acquisition's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	2.384	+	4.286
	=	6.67

Greencity Acquisition (OTCPK:GRYUF) Total Assets Explanation

Total Assets is connected with ROA %.

Greencity Acquisition's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	-0.06	/	( (42.034	+	6.671)	/ 2 )
	=	-0.06	/	24.3525
	=	-0.25 %

Note: The Net Income data used here is four times the quarterly (Dec. 2022) 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.

Greencity Acquisition's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Sep. 2022 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	0	/	( (42.034	+	6.671)	/ 2 )
=	0	/	24.3525
=	0.00

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.

Greencity Acquisition Total Assets Related Terms

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Greencity Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Greencity Acquisition Corp (OTCPK:GRYUF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Eshan Road, Floor 6, Pudong New District, Shanghai, CHN, 200120

Website

Greencity Acquisition Corp is a blank check company.

Executives

Hudson Bay Capital Management Lp	10 percent owner	28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber	10 percent owner	C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Lawrence Feis	10 percent owner	190 EAST WALTON PLACE, UNIT 603, CHICAGO IL 60611
Feis Equities Llc	10 percent owner	20 NORTH WACKER DRIVE, SUITE 2115, CHICAGO IL 60606
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer	10 percent owner	250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Cynthia Management Corp	10 percent owner	SUITE 807 TOWER 2 CENTURY LINK PLAZA, NO. 1196 CENTURY AVENUE, PUDONG DISTRICT F4 200000
Jianmin Yu	10 percent owner, officer: CFO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jinlong Liu	director, 10 percent owner	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Lei Wang	director	2609 MONTE CRESTA DRIVE, BELMONT CA 94002
Chao Liu	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Ming Zhang	officer: CEO	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017
Yong Li	director	100 PARK AVENUE 16TH FLOOR, NEW YORK NY 10017