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Newborn Town (HKSE:09911) Total Assets : HK$3,053 Mil (As of Dec. 2023)


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What is Newborn Town Total Assets?

Newborn Town's Total Assets for the quarter that ended in Dec. 2023 was HK$3,053 Mil.

During the past 12 months, Newborn Town's average Total Assets Growth Rate was 24.00% per year. During the past 3 years, the average Total Assets Growth Rate was 20.00% per year. During the past 5 years, the average Total Assets Growth Rate was 28.20% per year.

During the past 8 years, Newborn Town's highest 3-Year average Total Assets Growth Rate was 42.90%. The lowest was 20.00%. And the median was 32.50%.

Total Assets is connected with ROA %. Newborn Town's annualized ROA % for the quarter that ended in Dec. 2023 was 27.94%. Total Assets is also linked to Revenue through Asset Turnover. Newborn Town's Asset Turnover for the quarter that ended in Dec. 2023 was 0.82.


Newborn Town Total Assets Historical Data

The historical data trend for Newborn Town'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.

Newborn Town Total Assets Chart

Newborn Town Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 865.23 1,503.32 1,986.61 1,920.99 3,052.58

Newborn Town Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1,986.61 1,899.47 1,920.99 2,075.82 3,052.58

Newborn Town 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.

Newborn Town'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 )
=2130.129+922.45
=3,053

Newborn Town's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=2130.129+922.45
=3,053

* 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.


Newborn Town  (HKSE:09911) Total Assets Explanation

Total Assets is connected with ROA %.

Newborn Town's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=716.52/( (2075.819+3052.579)/ 2 )
=716.52/2564.199
=27.94 %

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

Newborn Town's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2114.538/( (2075.819+3052.579)/ 2 )
=2114.538/2564.199
=0.82

* 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.

Newborn Town Total Assets Related Terms

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Newborn Town (HKSE:09911) Business Description

Traded in Other Exchanges
N/A
Address
Xiaoyun Road 33rd Building, 6th Floor, Tower B, Chaoyang District, Beijing, CHN
Newborn Town Inc is a mobile app developer and mobile advertising platform services provider based on AI technologies. The company operates through two segments namely, Social networking business and Innovative business. It generates majority revenue from Social networking business segment.
Executives
Li Ping
Liu Chunhe 2201 Interest of corporation controlled by you
Parallel World Limited
Spriver Tech Limited 2101 Beneficial owner
Bgfg Limited
Du Li 2201 Interest of corporation controlled by you
Phoenix Auspicious Fintech Investment L.p.
Phoenix Wealth (cayman) Asset Management Limited
Phoenix Wealth (hong Kong) Asset Management Limited

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