MOGU (MOGU) Total Assets : $127.19 Mil (As of Sep. 2023)

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What is MOGU Total Assets?

MOGU's Total Assets for the quarter that ended in Sep. 2023 was $127.19 Mil.

During the past 12 months, MOGU's average Total Assets Growth Rate was -15.10% per year. During the past 3 years, the average Total Assets Growth Rate was -31.50% per year. During the past 5 years, the average Total Assets Growth Rate was -33.00% per year.

During the past 7 years, MOGU's highest 3-Year average Total Assets Growth Rate was -23.20%. The lowest was -43.50%. And the median was -27.75%.

Total Assets is connected with ROA %. MOGU's annualized ROA % for the quarter that ended in Sep. 2023 was -7.18%. Total Assets is also linked to Revenue through Asset Turnover. MOGU's Asset Turnover for the quarter that ended in Sep. 2023 was 0.08.

MOGU Total Assets Historical Data

The historical data trend for MOGU'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.

MOGU Total Assets Chart

MOGU Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Total Assets

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685.91

347.66

282.58

183.93

143.11

MOGU Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial									222.85	183.93	160.04	143.11	127.19

MOGU 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.

MOGU's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	97.427	+	45.682
	=	143.11

MOGU'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 )
	=	87.231	+	39.963
	=	127.19

MOGU (NYSE:MOGU) Total Assets Explanation

Total Assets is connected with ROA %.

MOGU's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-9.704	/	( (143.109	+	127.194)	/ 2 )
	=	-9.704	/	135.1515
	=	-7.18 %

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

MOGU's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	11.415	/	( (143.109	+	127.194)	/ 2 )
=	11.415	/	135.1515
=	0.08

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.

MOGU Total Assets Related Terms

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MOGU (MOGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » MOGU Inc (NYSE:MOGU) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77 Xueyuan Road, Huanglong Wanke Center, 23/F, Building No. G, Xihu District, Hangzhou, CHN, 310012

Website

http://www.mogu-inc.com

MOGU Inc is an online fashion and lifestyle destination in China. The company's online platform includes Mogu.com, Mogujie.com, and Meilishuo.com. Its platform allows people to discover and share fashion trends while fully enjoying the shopping experience. The company on its platform provides content related to fashion and lifestyle guides in various multi-media formats which include Live Video Broadcasts, Short-form Videos, Photography, and Online Review Community. The company derives revenues from within China.