MOG Digitech Holdings (HKSE:01942) Total Assets : HK$650.1 Mil (As of Sep. 2022)

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What is MOG Digitech Holdings Total Assets?

MOG Digitech Holdings's Total Assets for the quarter that ended in Sep. 2022 was HK$650.1 Mil.

Total Assets is connected with ROA %. MOG Digitech Holdings's annualized ROA % for the quarter that ended in Sep. 2022 was -24.21%. Total Assets is also linked to Revenue through Asset Turnover. MOG Digitech Holdings's Asset Turnover for the quarter that ended in Sep. 2022 was 0.57.

MOG Digitech Holdings Total Assets Historical Data

The historical data trend for MOG Digitech 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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MOG Digitech Holdings Total Assets Chart

MOG Digitech Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Total Assets

160.42

194.60

190.73

197.96

312.17

MOG Digitech Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22
Total Assets	Get a 7-Day Free Trial						324.68	312.17	306.51	591.35	650.14

MOG Digitech 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.

MOG Digitech Holdings's Total Assets for the fiscal year that ended in Mar. 2021 is calculated as

Total Assets	=	Total Equity (A: Mar. 2021 )	+	Total Liabilities (A: Mar. 2021 )
	=	239.039	+	73.131
	=	312.2

MOG Digitech Holdings's Total Assets for the quarter that ended in Sep. 2022 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2022 )	+	Total Liabilities (Q: Sep. 2022 )
	=	498.362	+	151.783
	=	650.1

MOG Digitech Holdings (HKSE:01942) Total Assets Explanation

Total Assets is connected with ROA %.

MOG Digitech Holdings's annualized ROA % for the quarter that ended in Sep. 2022 is

ROA %	=	Net Income (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
	=	-150.298	/	( (591.351	+	650.144)	/ 2 )
	=	-150.298	/	620.7475
	=	-24.21 %

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

MOG Digitech Holdings's Asset Turnover for the quarter that ended in Sep. 2022 is

	Asset Turnover
=	Revenue (Q: Sep. 2022 )	/	( (Total Assets (Q: Mar. 2022 )	+	Total Assets (Q: Sep. 2022 ))	/ count )
=	353.58	/	( (591.351	+	650.144)	/ 2 )
=	353.58	/	620.7475
=	0.57

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.

MOG Digitech Holdings Total Assets Related Terms

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MOG Digitech Holdings (HKSE:01942) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » MOG Digitech Holdings Ltd (HKSE:01942) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8655, 9 Shihua East Road, 84 Western Style Villa, Guangdong, Zhuhai, CHN, 519015

Website

https://www.mogglobal.com

MOG Digitech Holdings Ltd is an investment holding company. It offers a wide range of optical products including lenses, frames, contact lenses, and sunglasses from international brands. Its operating segment includes Digital retail payment solutions hardware trading business, Sales of optical products, Franchise and license management, E-commerce, and Financing services. The company generates the majority of its revenue from the Digital retail payment solutions hardware trading business.

MOG Digitech Holdings (HKSE:01942) Headlines

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