QKLS (QKL Stores) Total Assets: $143.0 Mil (As of Dec. 2015)


What is QKL Stores Total Assets?

QKL Stores QKLS Total Assets is $143.0 Mil as of Dec. 2015.

QKL Stores's Total Assets for the quarter that ended in Dec. 2015 was $143.0 Mil.

Total Assets is connected with ROA %. QKL Stores's annualized ROA % for the quarter that ended in Dec. 2015 was -48.15%. Total Assets is also linked to Revenue through Asset Turnover. QKL Stores's Asset Turnover for the quarter that ended in Dec. 2015 was 0.41.

QKL Stores  (OTCPK:QKLS) Total Assets Explanation

Total Assets is connected with ROA %.

QKL Stores's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=-73.008/( (160.281+142.974)/ 2 )
=-73.008/151.6275
=-48.15 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) 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.

QKL Stores's Asset Turnover for the quarter that ended in Dec. 2015 is

Asset Turnover
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=62.449/( (160.281+142.974)/ 2 )
=62.449/151.6275
=0.41

* 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.

QKL Stores Total Assets Related Terms

QKL Stores Total Assets Historical Data

* Premium members only.

The historical data trend for QKL Stores'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.

QKL Stores Total Assets Chart

QKL Stores Annual Data
Trend Apr06 Apr07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 165.36 160.25 168.49 164.78 142.97

QKL Stores Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 164.78 184.72 180.77 160.28 142.97

QKL Stores 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.

QKL Stores's Total Assets for the fiscal year that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (A: Dec. 2015 )+Total Liabilities (A: Dec. 2015 )
=-5.51+148.484
=143.0

QKL Stores's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (Q: Dec. 2015 )+Total Liabilities (Q: Dec. 2015 )
=-5.51+148.484
=143.0

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of $143.0 Mil mean?
QKL Stores (QKLS) has a Total Assets of $143.0 Mil as of Dec. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on QKL Stores and its competitors.
Is QKL Stores' Total Assets too high?
QKL Stores' current Total Assets is $143.0 Mil.
How does QKL Stores' Total Assets compare to IFMK and HWIN?
QKL Stores' Total Assets of $143.0 Mil can be compared against companies in the Retail - Defensive industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Retail - Defensive company?
A good Total Assets depends on the Retail - Defensive industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on QKL Stores and its competitors. QKL Stores's current Total Assets is $143.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QKL Stores stock overvalued right now?
QKL Stores (QKLS) has a current Total Assets of $143.0 Mil. The current Total Assets is $143.0 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For QKL Stores (QKLS), the current Total Assets is $143.0 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

QKL Stores Business Description

Address 4 Nanreyuan Street, Dongfeng Road, Zhuangyi Wang, Sartu District, Daqing, CHN, 163300
QKL Stores Inc is engaged in the operation of retail chain stores in northeastern China and Inner Mongolia. The company's supermarkets and hypermarkets sell merchandise including groceries, fresh food, and non-food items.