YH Entertainment Group (HKSE:02306) Total Assets : HK$2,237.8 Mil (As of Jun. 2024)

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What is YH Entertainment Group Total Assets?

YH Entertainment Group's Total Assets for the quarter that ended in Jun. 2024 was HK$2,237.8 Mil.

During the past 12 months, YH Entertainment Group's average Total Assets Growth Rate was 157.20% per year. During the past 3 years, the average Total Assets Growth Rate was 40.50% per year.

During the past 6 years, YH Entertainment Group's highest 3-Year average Total Assets Growth Rate was 40.50%. The lowest was 16.40%. And the median was 28.45%.

Total Assets is connected with ROA %. YH Entertainment Group's annualized ROA % for the quarter that ended in Jun. 2024 was 2.96%. Total Assets is also linked to Revenue through Asset Turnover. YH Entertainment Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.17.

YH Entertainment Group Total Assets Historical Data

The historical data trend for YH Entertainment 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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YH Entertainment Group Total Assets Chart

YH Entertainment Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1,393.09

2,055.76

1,476.60

2,236.70

2,187.80

YH Entertainment Group Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial				1,476.60	1,923.14	2,236.70	2,237.77	2,187.80

YH Entertainment 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.

YH Entertainment 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 )
	=	1447.228	+	789.469
	=	2,236.7

YH Entertainment 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 )
	=	1494.392	+	743.373
	=	2,237.8

YH Entertainment Group (HKSE:02306) Total Assets Explanation

Total Assets is connected with ROA %.

YH Entertainment 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 )
	=	66.306	/	( (2236.697	+	2237.765)	/ 2 )
	=	66.306	/	2237.231
	=	2.96 %

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.

YH Entertainment 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 )
=	373.851	/	( (2236.697	+	2237.765)	/ 2 )
=	373.851	/	2237.231
=	0.17

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.

YH Entertainment Group Total Assets Related Terms

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YH Entertainment Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » YH Entertainment Group (HKSE:02306) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27 West Dawang Road, Room 150, Building 119, Chaoyang District, Beijing, CHN

Website

https://www.yuehuamusic.com

YH Entertainment Group is an artist management company in China. The company has grown into a cultural and entertainment platform whose business covers the whole lifecycle of artist management, including artist training, artist operation, and artist promotion. The Company's business model consists of the following three business lines which are artist management, music IP production and operation, and pan-entertainment business, also it generated the revenue from three business lines.

Executives

Du Hua
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Li Ruigang

YH Entertainment Group Headlines

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