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China United Venture Investment (HKSE:08159) Total Assets : HK$0.0 Mil (As of Sep. 2023)


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What is China United Venture Investment Total Assets?

China United Venture Investment's Total Assets for the quarter that ended in Sep. 2023 was HK$0.0 Mil.

During the past 12 months, China United Venture Investment's average Total Assets Growth Rate was -2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 0.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.80% per year. During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.

During the past 13 years, China United Venture Investment's highest 3-Year average Total Assets Growth Rate was 43.70%. The lowest was -7.60%. And the median was 0.70%.

Total Assets is connected with ROA %. China United Venture Investment's annualized ROA % for the quarter that ended in Sep. 2023 was 2.99%. Total Assets is also linked to Revenue through Asset Turnover. China United Venture Investment's Asset Turnover for the quarter that ended in Sep. 2023 was 0.14.


China United Venture Investment Total Assets Historical Data

The historical data trend for China United Venture Investment'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.

China United Venture Investment Total Assets Chart

China United Venture Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 256.45 258.02 417.11 319.75 260.06

China United Venture Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 319.75 - 283.34 - 260.06

China United Venture Investment 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.

China United Venture Investment'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 )
=66.855+193.202
=260.1

China United Venture Investment's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets=Total Equity (Q: Sep. 2023 )+Total Liabilities (Q: Sep. 2023 )
=N/A+N/A
=N/A

* 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.


China United Venture Investment  (HKSE:08159) Total Assets Explanation

Total Assets is connected with ROA %.

China United Venture Investment's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=8.476/( (283.338+0)/ 1 )
=8.476/283.338
=2.99 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

China United Venture Investment's Asset Turnover for the quarter that ended in Sep. 2023 is

Asset Turnover
=Revenue (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=39.977/( (283.338+0)/ 1 )
=39.977/283.338
=0.14

* 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.

China United Venture Investment Total Assets Related Terms

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China United Venture Investment (HKSE:08159) Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Harcourt Road, Room 1801-1802, 18th Floor, Bank of America Tower, Central, Hong Kong, HKG
China United Venture Investment Ltd is engaged in the business of design, manufacture, and sales of connectivity products. The products are mainly used in computers, computer peripheral products, multi-media consumable electronic products, communication products, automobile electronics accessories, wire harnesses and medical equipment. Some of the products offered are USB hub, Card reader, Dongle, Cables and others. The company's segment includes the Original equipment manufacturer (OEM) customers segment, the Provision of comprehensive architectural services, and the Retail distributor's segment. Most of the firm's revenue gets derived through the OEM customers segment.
Executives
Wang Li Feng 2101 Beneficial owner
Pt Design Group Holdings Limited
Wise Thinker Holdings Limited
Pt Design Group Limited 2101 Beneficial owner
Wise Thinker Holding Limited 2101 Beneficial owner

China United Venture Investment (HKSE:08159) Headlines

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