Porter Holding International (Porter Holding International) Total Assets : $0.82 Mil (As of Mar. 2022)

View and export this data going back to 2014. Start your Free Trial

What is Porter Holding International Total Assets?

Porter Holding International's Total Assets for the quarter that ended in Mar. 2022 was $0.82 Mil.

Total Assets is connected with ROA %. Porter Holding International's annualized ROA % for the quarter that ended in Mar. 2022 was -81.33%. Total Assets is also linked to Revenue through Asset Turnover. Porter Holding International's Asset Turnover for the quarter that ended in Mar. 2022 was 0.03.

Porter Holding International Total Assets Historical Data

The historical data trend for Porter Holding International'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.

Porter Holding International Total Assets Chart

Porter Holding International Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Dec18

Dec19

Dec20

Dec21

Total Assets

Get a 7-Day Free Trial

1.62

2.70

1.03

0.80

Porter Holding International Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Total Assets	Get a 7-Day Free Trial															1.60	0.89	0.90	0.80	0.82

Porter Holding International 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.

Porter Holding International's Total Assets for the fiscal year that ended in Dec. 2021 is calculated as

Total Assets	=	Total Equity (A: Dec. 2021 )	+	Total Liabilities (A: Dec. 2021 )
	=	-3.014	+	3.817
	=	0.80

Porter Holding International's Total Assets for the quarter that ended in Mar. 2022 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2022 )	+	Total Liabilities (Q: Mar. 2022 )
	=	-3.211	+	4.031
	=	0.82

Porter Holding International (OTCPK:ULNV) Total Assets Explanation

Total Assets is connected with ROA %.

Porter Holding International's annualized ROA % for the quarter that ended in Mar. 2022 is

ROA %	=	Net Income (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
	=	-0.66	/	( (0.803	+	0.82)	/ 2 )
	=	-0.66	/	0.8115
	=	-81.33 %

Note: The Net Income data used here is four times the quarterly (Mar. 2022) 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.

Porter Holding International's Asset Turnover for the quarter that ended in Mar. 2022 is

	Asset Turnover
=	Revenue (Q: Mar. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Mar. 2022 ))	/ count )
=	0.026	/	( (0.803	+	0.82)	/ 2 )
=	0.026	/	0.8115
=	0.03

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.

Porter Holding International Total Assets Related Terms

Thank you for viewing the detailed overview of Porter Holding International's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Porter Holding International (Porter Holding International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Porter Holding International Inc (OTCPK:ULNV) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001

Website

http://www.cnporter.com

Porter Holding International Inc is a commercial platform provider that offers O2O (Network and Entity) Services and only focuses on commodities and merchants. It provides commodities and merchants with concrete platforms and operations in terms of online marketing coverage and offline marketing services. The company's operating segment includes Consulting services and Training services and others. It generates maximum revenue from Consulting services segment.

Porter Holding International (Porter Holding International) Headlines

No Headlines