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Dashan Education Holdings (HKSE:09986) Total Assets : HK$307.52 Mil (As of Jun. 2024)


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What is Dashan Education Holdings Total Assets?

Dashan Education Holdings's Total Assets for the quarter that ended in Jun. 2024 was HK$307.52 Mil.

During the past 12 months, Dashan Education Holdings's average Total Assets Growth Rate was -3.30% per year. During the past 3 years, the average Total Assets Growth Rate was -27.50% per year. During the past 5 years, the average Total Assets Growth Rate was -15.20% per year.

During the past 7 years, Dashan Education Holdings's highest 3-Year average Total Assets Growth Rate was 24.60%. The lowest was -31.60%. And the median was -22.25%.

Total Assets is connected with ROA %. Dashan Education Holdings's annualized ROA % for the quarter that ended in Jun. 2024 was -6.94%. Total Assets is also linked to Revenue through Asset Turnover. Dashan Education Holdings's Asset Turnover for the quarter that ended in Jun. 2024 was 0.17.


Dashan Education Holdings Total Assets Historical Data

The historical data trend for Dashan Education 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.

Dashan Education Holdings Total Assets Chart

Dashan Education Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 598.23 937.79 403.51 300.43 293.23

Dashan Education Holdings Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 403.51 321.81 300.43 306.56 307.52

Dashan Education 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.

Dashan Education 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 )
=151.482+141.745
=293.23

Dashan Education 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 )
=139.532+167.984
=307.52

* 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.


Dashan Education Holdings  (HKSE:09986) Total Assets Explanation

Total Assets is connected with ROA %.

Dashan Education Holdings's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-21.322/( (306.558+307.516)/ 2 )
=-21.322/307.037
=-6.94 %

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.

Dashan Education Holdings's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=51.14/( (306.558+307.516)/ 2 )
=51.14/307.037
=0.17

* 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.

Dashan Education Holdings Total Assets Related Terms

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Dashan Education Holdings Business Description

Traded in Other Exchanges
N/A
Address
Crossroad of Zhongzhou Avenue and Minghong Road, 19th Floor Guoxin Plaza, Jinshui District, Henan Province, Zhengzhou, CHN
Dashan Education Holdings Ltd is principally engaged in the provision of (i) extracurricular programs for personal attainment in arts, sports and dancing targeting children and teenagers; (ii) overseas education consultation services in the PRC; (iii) training services for teaching staff; and (iv) other consultancy services. The Group's operating and reportable segments are the extracurricular programs segment, the overseas education segment, the training and consultancy segment, and the Others segment.
Executives
Zhang Hongjun 2201 Interest of corporation controlled by you
Lucky Heaven International Limited 2101 Beneficial owner
Infinite Apex Enterprises Limited 2101 Beneficial owner
Xi Wang 2201 Interest of corporation controlled by you
Shan Jingchao 2201 Interest of corporation controlled by you
Ma Wenhao 2201 Interest of corporation controlled by you
Jia Shuilin 2201 Interest of corporation controlled by you
Bai Tai Investments Limited 2101 Beneficial owner

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