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Ruihe Data Technology Holdings (HKSE:03680) Total Assets : HK$319.1 Mil (As of Dec. 2024)


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What is Ruihe Data Technology Holdings Total Assets?

Ruihe Data Technology Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$319.1 Mil.

During the past 12 months, Ruihe Data Technology Holdings's average Total Assets Growth Rate was -16.70% per year. During the past 3 years, the average Total Assets Growth Rate was -18.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 9 years, Ruihe Data Technology Holdings's highest 3-Year average Total Assets Growth Rate was 83.80%. The lowest was -18.30%. And the median was 35.40%.

Total Assets is connected with ROA %. Ruihe Data Technology Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was -22.75%. Total Assets is also linked to Revenue through Asset Turnover. Ruihe Data Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.57.


Ruihe Data Technology Holdings Total Assets Historical Data

The historical data trend for Ruihe Data 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.

Ruihe Data Technology Holdings Total Assets Chart

Ruihe Data Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 571.07 580.02 458.84 485.80 319.08

Ruihe Data Technology Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 458.84 423.45 485.80 412.25 319.08

Ruihe Data 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.

Ruihe Data Technology Holdings's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=45.783+273.293
=319.1

Ruihe Data Technology Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=45.783+273.293
=319.1

* 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.


Ruihe Data Technology Holdings  (HKSE:03680) Total Assets Explanation

Total Assets is connected with ROA %.

Ruihe Data Technology Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=-83.188/( (412.253+319.076)/ 2 )
=-83.188/365.6645
=-22.75 %

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

Ruihe Data Technology Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=210.152/( (412.253+319.076)/ 2 )
=210.152/365.6645
=0.57

* 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.

Ruihe Data Technology Holdings Total Assets Related Terms

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Ruihe Data Technology Holdings Business Description

Traded in Other Exchanges
N/A
Address
Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN
Ruihe Data Technology Holdings Ltd is a leading enterprise in the field of data intelligence and marketing technology, providing big data, AI, and digital marketing solutions and professional consulting services to financial institutions and other enterprises and helping all kinds of enterprises and organizations to fully realize the value of data and accelerate their digital transformation driven by data. The core businesses of the Group are the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as IT maintenance and support services.
Executives
Chen Zhenping 2101 Beneficial owner
Xue Shouguang 2201 Interest of corporation controlled by you
Xiang Gang He Sheng Tou Zi You Xian Gong Si 2106 Person having a security interest in shares
Jia Ying Guan Li You Xian Gong Si 2101 Beneficial owner
Gu Yi 2201 Interest of corporation controlled by you
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si 2101 Beneficial owner
Wang Donglin 2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd 2101 Beneficial owner
Chen Weiping 2202 Interest of your spouse
Wu Xinlan 2202 Interest of your spouse
Mindas Touch Global Limited 2101 Beneficial owner
Wang Donglin 2101 Beneficial owner
Chi Xianfang 2202 Interest of your spouse
Wu Xiaohua 2201 Interest of corporation controlled by you
Ideal Treasure Holdings Limited 2101 Beneficial owner

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