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Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Total Assets : ¥6,207 Mil (As of Mar. 2024)


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What is Shanghai DOBE Cultural & Creative Industry Development (Group) Co Total Assets?

Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,207 Mil.

During the past 12 months, Shanghai DOBE Cultural & Creative Industry Development (Group) Co's average Total Assets Growth Rate was 6.40% per year. During the past 3 years, the average Total Assets Growth Rate was 26.70% per year. During the past 5 years, the average Total Assets Growth Rate was 55.60% per year.

During the past 8 years, Shanghai DOBE Cultural & Creative Industry Development (Group) Co's highest 3-Year average Total Assets Growth Rate was 86.30%. The lowest was 14.60%. And the median was 52.40%.

Total Assets is connected with ROA %. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.56%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai DOBE Cultural & Creative Industry Development (Group) Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Total Assets Historical Data

The historical data trend for Shanghai DOBE Cultural & Creative Industry Development (Group) 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.

* Premium members only.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Total Assets Chart

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,404.69 3,580.20 5,042.51 6,168.06 6,320.94

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 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 6,127.02 6,411.71 6,472.80 6,320.94 6,206.84

Shanghai DOBE Cultural & Creative Industry Development (Group) 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=1389.458+4931.48
=6,321

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=1375.244+4831.593
=6,207

* 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co  (SZSE:300947) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=35.328/( (6320.938+6206.837)/ 2 )
=35.328/6263.8875
=0.56 %

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.

Shanghai DOBE Cultural & Creative Industry Development (Group) 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 )
=313.239/( (6320.938+6206.837)/ 2 )
=313.239/6263.8875
=0.05

* 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.

Shanghai DOBE Cultural & Creative Industry Development (Group) Co Total Assets Related Terms

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Shanghai DOBE Cultural & Creative Industry Development (Group) Co (SZSE:300947) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd (SZSE:300947) » Definitions » Total Assets
Comparable Companies
SZSE:003008 SHSE:688485 SHSE:600836 SZSE:002825 SHSE:600830 SZSE:000996 SZSE:301110 SZSE:002599 BJSE:873122 SZSE:300469 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA
Traded in Other Exchanges
N/A
Address
No.492, Anhua Road, Room 707, Building 1, Changning District, Shanghai, CHN, 200050
Website
http://www.dobechina.com
Shanghai DOBE Cultural & Creative Industry Development (Group) Co Ltd is a professional service provider dedicated towards the development of cultural and technological enterprises. DoBe not only provides enterprises with a comfortable, ecological, and personalized high-quality office environment, but also provides entrepreneurial services, brand promotion, financial consulting, business registration and others.
Executives
Jia Bo Director

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