QSG (QuantaSing Group) Total Assets : $204.2 Mil (As of Dec. 2024)

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What is QuantaSing Group Total Assets?

QuantaSing Group's Total Assets for the quarter that ended in Dec. 2024 was $204.2 Mil.

During the past 12 months, QuantaSing Group's average Total Assets Growth Rate was -6.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.90% per year.

During the past 4 years, QuantaSing Group's highest 3-Year average Total Assets Growth Rate was 12.90%. The lowest was 12.90%. And the median was 12.90%.

Total Assets is connected with ROA %. QuantaSing Group's annualized ROA % for the quarter that ended in Dec. 2024 was 33.27%. Total Assets is also linked to Revenue through Asset Turnover. QuantaSing Group's Asset Turnover for the quarter that ended in Dec. 2024 was 0.48.

QuantaSing Group Total Assets Historical Data

The historical data trend for QuantaSing Group'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.

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QuantaSing Group Total Assets Chart

QuantaSing Group Annual Data

Trend

Jun21

Jun22

Jun23

Jun24

Total Assets

51.40

90.13

170.84

196.57

QuantaSing Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial										188.99	206.59	196.57	214.37	204.24

QuantaSing Group 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.

QuantaSing Group's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (A: Jun. 2024 )	+	Total Liabilities (A: Jun. 2024 )
	=	71.193	+	125.372
	=	196.6

QuantaSing Group's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	91.199	+	113.042
	=	204.2

QuantaSing Group (NAS:QSG) Total Assets Explanation

Total Assets is connected with ROA %.

QuantaSing Group's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	69.64	/	( (214.366	+	204.24)	/ 2 )
	=	69.64	/	209.303
	=	33.27 %

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

QuantaSing Group's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	99.805	/	( (214.366	+	204.24)	/ 2 )
=	99.805	/	209.303
=	0.48

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.

QuantaSing Group Total Assets Related Terms

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QuantaSing Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » QuantaSing Group Ltd (NAS:QSG) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ronsin Technology Center, 2nd Floor, Building D, Chaoyang District, Beijing, CHN, 100102

Website

https://www.liangzizhige.com

QuantaSing Group Ltd is a learning service provider in China's adult learning market for personal interest courses. It offers easy-to-understand, affordable, and accessible online courses to adult learners under various brands, including QiNiu, Kelly, and QianChi among others empowering them to pursue personal development. The company offers courses for various domains such as financial literacy, skill upgrading, recreation, and leisure which are offered in live large-class dual-instructor mode, online community-based training camp mode, and in live lecture, one-on-one tutoring mode. Its segments are; Learning service and others which derives key revenue, and Consumer business. Geographically, the company generates all of its revenue from the People's Republic of China.