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Zhen Ding Resources (Zhen Ding Resources) Total Assets : $0.01 Mil (As of Dec. 2023)


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What is Zhen Ding Resources Total Assets?

Zhen Ding Resources's Total Assets for the quarter that ended in Dec. 2023 was $0.01 Mil.

During the past 13 years, Zhen Ding Resources's highest 3-Year average Total Assets Growth Rate was 23.20%. The lowest was 23.20%. And the median was 23.20%.

Total Assets is connected with ROA %. Zhen Ding Resources's annualized ROA % for the quarter that ended in Dec. 2023 was -5,885.71%. Total Assets is also linked to Revenue through Asset Turnover. Zhen Ding Resources's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Zhen Ding Resources Total Assets Historical Data

The historical data trend for Zhen Ding Resources'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.

Zhen Ding Resources Total Assets Chart

Zhen Ding Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.03 0.01 0.01

Zhen Ding Resources Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.01

Zhen Ding Resources 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.

Zhen Ding Resources'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 )
=-10.603+10.609
=0.01

Zhen Ding Resources'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 )
=-10.603+10.609
=0.01

* 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.


Zhen Ding Resources  (OTCPK:RBTK) Total Assets Explanation

Total Assets is connected with ROA %.

Zhen Ding Resources's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.412/( (0.008+0.006)/ 2 )
=-0.412/0.007
=-5,885.71 %

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

Zhen Ding Resources's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.008+0.006)/ 2 )
=0/0.007
=0.00

* 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.

Zhen Ding Resources Total Assets Related Terms

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Zhen Ding Resources (Zhen Ding Resources) Business Description

Traded in Other Exchanges
N/A
Address
3900 Place De Java, Second Floor, Suite 111, Brossard, QC, CAN, J4Y OC4
Zhen Ding Resources Inc, through its subsidiary, is involved in the business of gold and copper mining, development, and production in China and Southeast Asia. The company's one of the project is Wuxi gold project, which is located in Jingxian county, situated in the southeastern part of Anhui Province, PRC.

Zhen Ding Resources (Zhen Ding Resources) Headlines

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