XD (XDNCF) Total Assets : $617.6 Mil (As of Dec. 2023)

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What is XD Total Assets?

XD's Total Assets for the quarter that ended in Dec. 2023 was $617.6 Mil.

During the past 12 months, XD's average Total Assets Growth Rate was -14.40% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 2.00% per year.

During the past 8 years, XD's highest 3-Year average Total Assets Growth Rate was 28.20%. The lowest was -1.70%. And the median was 5.60%.

Total Assets is connected with ROA %. XD's annualized ROA % for the quarter that ended in Dec. 2023 was -7.53%. Total Assets is also linked to Revenue through Asset Turnover. XD's Asset Turnover for the quarter that ended in Dec. 2023 was 0.36.

XD Total Assets Historical Data

The historical data trend for XD'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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XD Total Assets Chart

XD Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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408.64

511.48

791.94

687.93

617.55

XD Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial								791.94	740.36	687.93	670.80	617.55

XD 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.

XD'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 )
	=	261.723	+	355.829
	=	617.6

XD'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 )
	=	261.723	+	355.829
	=	617.6

XD (OTCPK:XDNCF) Total Assets Explanation

Total Assets is connected with ROA %.

XD'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 )
	=	-48.524	/	( (670.802	+	617.552)	/ 2 )
	=	-48.524	/	644.177
	=	-7.53 %

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.

XD'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 )
=	229.131	/	( (670.802	+	617.552)	/ 2 )
=	229.131	/	644.177
=	0.36

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.

XD Total Assets Related Terms

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XD (XDNCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » XD Inc (OTCPK:XDNCF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

02400:Hong Kong 3OE:Germany

Address

Wanrong Road, Unit A2, No. 700, Shanghai, CHN

Website

www.2400.hk

XD Inc is engaged in the development, operation, publishing, and distribution of mobile and web games and the provision of information services in China and overseas. It also operates TapTap, a game community and platform in China. It has two operating segments. The game segment, which is the key revenue driver, offers game publishing and operating services on its own and via other distribution channels. Revenues from this segment are derived from game publishing and operating services. The information service segment offers online marketing services to game developers, game publishers, or their agents. Revenues from this segment are derived from performance-based online marketing services.

XD (XDNCF) Headlines

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