Sino-Entertainment Technology Holdings (HKSE:06933) Total Assets : HK$154.52 Mil (As of Jun. 2024)

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What is Sino-Entertainment Technology Holdings Total Assets?

Sino-Entertainment Technology Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$154.52 Mil.

During the past 12 months, Sino-Entertainment Technology Holdings's average Total Assets Growth Rate was -52.60% per year. During the past 3 years, the average Total Assets Growth Rate was -39.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.50% per year.

During the past 7 years, Sino-Entertainment Technology Holdings's highest 3-Year average Total Assets Growth Rate was 82.60%. The lowest was -39.30%. And the median was 37.95%.

Total Assets is connected with ROA %. Sino-Entertainment Technology Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -7.83%. Total Assets is also linked to Revenue through Asset Turnover. Sino-Entertainment Technology Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.21.

Sino-Entertainment Technology Holdings Total Assets Historical Data

The historical data trend for Sino-Entertainment 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.

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Sino-Entertainment Technology Holdings Total Assets Chart

Sino-Entertainment Technology Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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166.98

373.49

367.21

383.76

151.39

Sino-Entertainment Technology Holdings Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial								408.04	383.76	238.33	151.39	154.52

Sino-Entertainment 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.

Sino-Entertainment 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 )
	=	114.532	+	36.857
	=	151.39

Sino-Entertainment Technology Holdings'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 )
	=	115.141	+	39.381
	=	154.52

Sino-Entertainment Technology Holdings (HKSE:06933) Total Assets Explanation

Total Assets is connected with ROA %.

Sino-Entertainment Technology Holdings'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 )
	=	-11.974	/	( (151.389	+	154.522)	/ 2 )
	=	-11.974	/	152.9555
	=	-7.83 %

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.

Sino-Entertainment Technology Holdings'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 )
=	32.644	/	( (151.389	+	154.522)	/ 2 )
=	32.644	/	152.9555
=	0.21

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.

Sino-Entertainment Technology Holdings Total Assets Related Terms

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Sino-Entertainment Technology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Sino-Entertainment Technology Holdings Ltd (HKSE:06933) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.4 Deshan Road, Room 3-4, Floor 8, Fortune Plaza, Luocheng Dongmen Town, Luocheng Mulao Autonomous County, Guangxi, Hechi, CHN

Website

https://www.dingliangame.com

Sino-Entertainment Technology Holdings Ltd is engaged in mobile game publishing as well as development and sale of customised software and mobile games and blockchain technology business. The operating segments of the company are as follows, 1) Blockchain technology business includes the provision of digital services to liquidity pools operating on blockchain protocols within cryptocurrency networks. 2) Mobile game business includes publishing and development of mobile games in the PRC. Geographically the majority of revenue is generated in People's Republic of China.

Executives

Li Wei	2202 Interest of your spouse
Sui Jiaheng	2201 Interest of corporation controlled by you
Sun Jh Holding Ltd.	2101 Beneficial owner
Huang Zhigang	2201 Interest of corporation controlled by you
Together Win Capital (holdings) Co., Ltd.	2201 Interest of corporation controlled by you

Sino-Entertainment Technology Holdings Headlines

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