China Qidian Guofeng Holdings (HKSE:01280) Total Assets : HK$343.1 Mil (As of Dec. 2023)

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What is China Qidian Guofeng Holdings Total Assets?

China Qidian Guofeng Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$343.1 Mil.

During the past 12 months, China Qidian Guofeng Holdings's average Total Assets Growth Rate was -35.60% per year. During the past 3 years, the average Total Assets Growth Rate was -28.30% per year. During the past 5 years, the average Total Assets Growth Rate was -22.10% per year. During the past 10 years, the average Total Assets Growth Rate was -28.50% per year.

During the past 13 years, China Qidian Guofeng Holdings's highest 3-Year average Total Assets Growth Rate was 63.90%. The lowest was -41.70%. And the median was -16.25%.

Total Assets is connected with ROA %. China Qidian Guofeng Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -25.96%. Total Assets is also linked to Revenue through Asset Turnover. China Qidian Guofeng Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.76.

China Qidian Guofeng Holdings Total Assets Historical Data

The historical data trend for China Qidian Guofeng 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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China Qidian Guofeng Holdings Total Assets Chart

China Qidian Guofeng Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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529.29

491.56

441.39

266.27

343.08

China Qidian Guofeng Holdings 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															441.39	383.67	266.27	175.28	343.08

China Qidian Guofeng 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.

China Qidian Guofeng Holdings'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 )
	=	-455.124	+	798.2
	=	343.1

China Qidian Guofeng Holdings'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 )
	=	-455.124	+	798.2
	=	343.1

China Qidian Guofeng Holdings (HKSE:01280) Total Assets Explanation

Total Assets is connected with ROA %.

China Qidian Guofeng Holdings'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 )
	=	-67.284	/	( (175.284	+	343.077)	/ 2 )
	=	-67.284	/	259.1805
	=	-25.96 %

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.

China Qidian Guofeng Holdings'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 )
=	195.87	/	( (175.284	+	343.077)	/ 2 )
=	195.87	/	259.1805
=	0.76

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 Qidian Guofeng Holdings Total Assets Related Terms

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China Qidian Guofeng Holdings (HKSE:01280) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Qidian Guofeng Holdings Ltd (HKSE:01280) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 539 Wenchang Zhong Road, 6th Floor, Huiyin Building, Jiangsu Province, Yangzhou, CHN

Website

http://www.hyjd.com

China Qidian Guofeng Holdings Ltd Formerly Qidian International Co Ltd is an investment holding company. It is engaged in the retail of household appliances, mobile phones, computers, imported and general merchandise, and the provision of maintenance and installation services for household appliances in the PRC. The operating segments of the group are Traditional business; New retail business and All other segments. Its Traditional business includes the results from sales of household appliances, mobile phones, and computers. New retail business includes the results from sales of imported and general merchandise. All other segments include the results from rendering maintenance and installation services. The company generates prime revenue from the Traditional business segment.

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