Television Broadcasts (Television Broadcasts) Total Assets : $800.2 Mil (As of Dec. 2023)

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What is Television Broadcasts Total Assets?

Television Broadcasts's Total Assets for the quarter that ended in Dec. 2023 was $800.2 Mil.

During the past 12 months, Television Broadcasts's average Total Assets Growth Rate was -8.20% per year. During the past 3 years, the average Total Assets Growth Rate was -5.20% per year. During the past 5 years, the average Total Assets Growth Rate was -8.40% per year. During the past 10 years, the average Total Assets Growth Rate was -1.80% per year.

During the past 13 years, Television Broadcasts's highest 3-Year average Total Assets Growth Rate was 17.10%. The lowest was -16.60%. And the median was 4.95%.

Total Assets is connected with ROA %. Television Broadcasts's annualized ROA % for the quarter that ended in Dec. 2023 was -11.04%. Total Assets is also linked to Revenue through Asset Turnover. Television Broadcasts's Asset Turnover for the quarter that ended in Dec. 2023 was 0.27.

Television Broadcasts Total Assets Historical Data

The historical data trend for Television Broadcasts'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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Television Broadcasts Total Assets Chart

Television Broadcasts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,101.34

1,268.31

980.87

904.91

800.17

Television Broadcasts Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															980.87	973.45	904.91	852.11	800.17

Television Broadcasts 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.

Television Broadcasts'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 )
	=	350.736	+	449.429
	=	800.2

Television Broadcasts'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 )
	=	350.736	+	449.429
	=	800.2

Television Broadcasts (OTCPK:TVBCF) Total Assets Explanation

Total Assets is connected with ROA %.

Television Broadcasts's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-91.186	/	( (852.109	+	800.165)	/ 2 )
	=	-91.186	/	826.137
	=	-11.04 %

Note: The Net Income data used here is two times the semi-annual (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.

Television Broadcasts's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	225.679	/	( (852.109	+	800.165)	/ 2 )
=	225.679	/	826.137
=	0.27

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.

Television Broadcasts Total Assets Related Terms

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Television Broadcasts (Television Broadcasts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Television Broadcasts Ltd (OTCPK:TVBCF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

TVBCY:USA 00511:Hong Kong TBCN:Germany

Address

TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG

Website

https://www.tvb.com

Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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