GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lvji Technology Holdings Inc (HKSE:01745) » Definitions » Total Assets

Lvji Technology Holdings (HKSE:01745) Total Assets : HK$1,135.7 Mil (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Lvji Technology Holdings Total Assets?

Lvji Technology Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,135.7 Mil.

Warning Sign:

If a company builds assets at 7.5% a year, faster than its revenue growth rate of 3.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Lvji Technology Holdings's average Total Assets Growth Rate was 93.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.30% per year. During the past 5 years, the average Total Assets Growth Rate was 7.50% per year.

During the past 8 years, Lvji Technology Holdings's highest 3-Year average Total Assets Growth Rate was 226.20%. The lowest was -10.50%. And the median was 7.30%.

Total Assets is connected with ROA %. Lvji Technology Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 19.78%. Total Assets is also linked to Revenue through Asset Turnover. Lvji Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.39.


Lvji Technology Holdings Total Assets Historical Data

The historical data trend for Lvji Technology 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.

* Premium members only.

Lvji Technology Holdings Total Assets Chart

Lvji Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 808.75 1,421.36 814.36 875.67 1,135.69

Lvji Technology Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 842.23 875.67 936.07 1,135.69 -

Lvji Technology 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.

Lvji Technology 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 )
=1001.043+134.647
=1,135.7

Lvji Technology 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 )
=1001.043+134.647
=1,135.7

* 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.


Lvji Technology Holdings  (HKSE:01745) Total Assets Explanation

Total Assets is connected with ROA %.

Lvji Technology 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 )
=204.87/( (936.065+1135.69)/ 2 )
=204.87/1035.8775
=19.78 %

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.

Lvji Technology 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 )
=407.337/( (936.065+1135.69)/ 2 )
=407.337/1035.8775
=0.39

* 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.

Lvji Technology Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Lvji Technology Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Lvji Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
Room 501, 238 Gaotang Road, Tianhe District, Guangzhou, CHN
Lvji Technology Holdings Inc is an online tour guide provider. The company deploys software on its cloud system to provide online tour guides with proprietary contents, which include illustrated maps of tourist attractions, editorial content, and voice-over commentaries of points of interest in the tourist attractions and are implemented to include functions such as real-time navigation. It generates revenue from sales of online tour guides through OTAs. It principally an online tour guide provider in Mainland China.
Executives
Lu Jia Technology Holdings Limited
Zang Weizhong 2101 Beneficial owner
Mithaq Capital 2201 Interest of corporation controlled by you
Mithaq Capital Spc 2101 Beneficial owner
Mithaq Global 2201 Interest of corporation controlled by you
Zang Weizhong 2101 Beneficial owner
Fan Bao Guo 2201 Interest of corporation controlled by you
Shen Zhen Qian Hai Chun Hua Yong Tai Qi Ye Guan Li Zi Xun He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Dong Ying Ling Long Jin Shan Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Ying Chun Hua Zi Xun Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Sunrise Boulevard Investments Limited 2101 Beneficial owner
Fu Zhekuan 2201 Interest of corporation controlled by you
Shen Zhen Shi Qi Fu Zi Ben Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Qian Fu Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Guang Zhou Shi Jie Ming Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you

Lvji Technology Holdings Headlines

No Headlines