Ciwen Media Co (SZSE:002343) Total Assets : ¥1,261.5 Mil (As of Mar. 2024)

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What is Ciwen Media Co Total Assets?

Ciwen Media Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,261.5 Mil.

During the past 12 months, Ciwen Media Co's average Total Assets Growth Rate was 3.80% per year. During the past 3 years, the average Total Assets Growth Rate was -19.80% per year. During the past 5 years, the average Total Assets Growth Rate was -17.00% per year. During the past 10 years, the average Total Assets Growth Rate was -3.50% per year.

During the past 13 years, Ciwen Media Co's highest 3-Year average Total Assets Growth Rate was 58.80%. The lowest was -19.80%. And the median was 1.00%.

Total Assets is connected with ROA %. Ciwen Media Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.33%. Total Assets is also linked to Revenue through Asset Turnover. Ciwen Media Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

Ciwen Media Co Total Assets Historical Data

The historical data trend for Ciwen Media Co'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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Ciwen Media Co Total Assets Chart

Ciwen Media Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,576.68

2,469.37

1,758.74

1,622.78

1,267.68

Ciwen Media Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															1,461.59	1,217.93	1,171.35	1,267.68	1,261.50

Ciwen Media Co 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.

Ciwen Media Co'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 )
	=	997.778	+	269.898
	=	1,267.7

Ciwen Media Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	993.523	+	267.98
	=	1,261.5

Ciwen Media Co (SZSE:002343) Total Assets Explanation

Total Assets is connected with ROA %.

Ciwen Media Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-16.88	/	( (1267.676	+	1261.503)	/ 2 )
	=	-16.88	/	1264.5895
	=	-1.33 %

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

Ciwen Media Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	4.047	/	( (1267.676	+	1261.503)	/ 2 )
=	4.047	/	1264.5895
=	0.00

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.

Ciwen Media Co Total Assets Related Terms

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Ciwen Media Co (SZSE:002343) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ciwen Media Co Ltd (SZSE:002343) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hexin Industrial Park, Dongfang Road, Jiaxing, Zhejiang, CHN

Website

http://www.ciwen.tv

Ciwen Media Co Ltd is a China-based company engaged in the investment, manufacture, and publication of movie and television plays. It is also engaged in the research, development, and promotion of games, artist brokerage business and the provision of information technology. The company distributes its products within domestic market and to overseas markets.

Executives

Chen Mian Hua	Executives
Chen Ming You	Directors, executives
Ma Zhong Jun	Directors, executives
Wei Li Li	Directors, executives
Lu De Min	Executives
Yuan Xiang Yang	Executives
Li Hua	Executives
Zhu Shan Zhong	Director
Pang Jian	Director
Gu Jian Hui	Directors, executives
Chen Yun Biao	Supervisors
Lv Zhi Wei	Supervisors
Yao Xin	Executives
Zhang Yan Hui	Director, Director, Representative of Securities A
Kong Zhong Ping	Executives

Ciwen Media Co (SZSE:002343) Headlines

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