Value Convergence Holdings (Value Convergence Holdings) Total Assets : $72.88 Mil (As of Dec. 2023)

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What is Value Convergence Holdings Total Assets?

Value Convergence Holdings's Total Assets for the quarter that ended in Dec. 2023 was $72.88 Mil.

During the past 12 months, Value Convergence Holdings's average Total Assets Growth Rate was -16.70% per year. During the past 3 years, the average Total Assets Growth Rate was -13.80% per year. During the past 5 years, the average Total Assets Growth Rate was -6.70% per year. During the past 10 years, the average Total Assets Growth Rate was 2.70% per year.

During the past 13 years, Value Convergence Holdings's highest 3-Year average Total Assets Growth Rate was 133.20%. The lowest was -16.30%. And the median was -0.50%.

Total Assets is connected with ROA %. Value Convergence Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -47.22%. Total Assets is also linked to Revenue through Asset Turnover. Value Convergence Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was -0.01.

Value Convergence Holdings Total Assets Historical Data

The historical data trend for Value Convergence Holdings'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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Value Convergence Holdings Total Assets Chart

Value Convergence Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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108.80

119.88

128.10

103.90

72.88

Value Convergence Holdings 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															128.10	118.25	103.90	93.84	72.88

Value Convergence Holdings 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.

Value Convergence Holdings'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 )
	=	65.723	+	7.154
	=	72.88

Value Convergence Holdings'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 )
	=	65.723	+	7.154
	=	72.88

Value Convergence Holdings (OTCPK:VCHLF) Total Assets Explanation

Total Assets is connected with ROA %.

Value Convergence Holdings'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 )
	=	-39.36	/	( (93.844	+	72.877)	/ 2 )
	=	-39.36	/	83.3605
	=	-47.22 %

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.

Value Convergence Holdings'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 )
=	-0.667	/	( (93.844	+	72.877)	/ 2 )
=	-0.667	/	83.3605
=	-0.01

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.

Value Convergence Holdings Total Assets Related Terms

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Value Convergence Holdings (Value Convergence Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Value Convergence Holdings Ltd (OTCPK:VCHLF) » Definitions » Total Assets

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Traded in Other Exchanges

00821:Hong Kong

Address

181-185 Gloucester Road, 6th Floor, Centre Point, Wanchai, Hong Kong, HKG

Website

https://www.vcgroup.com.hk

Value Convergence Holdings Ltd is a financial services group delivering financial services and products that fulfill various investment and wealth management needs of clients in the Greater China region. The company's operating segments include Brokerage and Financing; Corporate Finance and other Advisory services; Asset Management; Insurance Brokerage; Proprietary Trading; and Digital asset. The majority of its revenue derives from the Brokerage and Financing segment that engages in securities, futures, and options brokering and dealing, provision of margin financing and money lending, and placing and underwriting services.

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