Duiba Group (HKSE:01753) Total Assets : HK$2,472.3 Mil (As of Jun. 2024)

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What is Duiba Group Total Assets?

Duiba Group's Total Assets for the quarter that ended in Jun. 2024 was HK$2,472.3 Mil.

During the past 12 months, Duiba Group's average Total Assets Growth Rate was 33.90% per year. During the past 3 years, the average Total Assets Growth Rate was 57.80% per year. During the past 5 years, the average Total Assets Growth Rate was 44.90% per year.

During the past 8 years, Duiba Group's highest 3-Year average Total Assets Growth Rate was 126.00%. The lowest was 30.70%. And the median was 57.80%.

Total Assets is connected with ROA %. Duiba Group's annualized ROA % for the quarter that ended in Jun. 2024 was -1.71%. Total Assets is also linked to Revenue through Asset Turnover. Duiba Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.20.

Duiba Group Total Assets Historical Data

The historical data trend for Duiba Group'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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Duiba Group Total Assets Chart

Duiba Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,776.24

1,893.45

1,917.02

2,020.90

2,342.29

Duiba Group 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										1,822.27	2,020.90	2,347.43	2,342.29	2,472.29

Duiba Group 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.

Duiba Group'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 )
	=	1482.066	+	860.22
	=	2,342.3

Duiba Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	1443.188	+	1029.1
	=	2,472.3

Duiba Group (HKSE:01753) Total Assets Explanation

Total Assets is connected with ROA %.

Duiba Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-41.076	/	( (2342.286	+	2472.289)	/ 2 )
	=	-41.076	/	2407.2875
	=	-1.71 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2024) 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.

Duiba Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	493.336	/	( (2342.286	+	2472.289)	/ 2 )
=	493.336	/	2407.2875
=	0.20

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.

Duiba Group Total Assets Related Terms

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Duiba Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Duiba Group Ltd (HKSE:01753) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

98 Wenyi West Road, Room 702, Shuyu Building, Xihu District, Hangzhou, CHN

Website

https://www.duiba.cn

Duiba Group Ltd is a user management SaaS provider for online businesses and an internet advertising platform operator in China. The company derives the majority of its revenue from the internet advertising business.

Executives

Chen Xiaoliang	2201 Interest of corporation controlled by you
Antopex Limited
Blissful Plus Enterprises Limited
Cmb Wing Lung (trustee) Limited
Xiaoliang Holding Limited	2101 Beneficial owner
Liu Yang	2201 Interest of corporation controlled by you
Xinran Group Holding Limited	2101 Beneficial owner

Duiba Group Headlines

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