Zhangmen Education (Zhangmen Education) Total Assets : $22.4 Mil (As of Dec. 2022)

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What is Zhangmen Education Total Assets?

Zhangmen Education's Total Assets for the quarter that ended in Dec. 2022 was $22.4 Mil.

Total Assets is connected with ROA %. Zhangmen Education's annualized ROA % for the quarter that ended in Dec. 2022 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Zhangmen Education's Asset Turnover for the quarter that ended in Dec. 2022 was 0.00.

Zhangmen Education Total Assets Historical Data

The historical data trend for Zhangmen Education'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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Zhangmen Education Total Assets Chart

Zhangmen Education Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Total Assets

475.67

830.42

396.76

22.45

Zhangmen Education Quarterly Data
	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Dec21	Dec22
Total Assets	Get a 7-Day Free Trial			830.42	766.09	847.98	396.76	22.45

Zhangmen Education 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.

Zhangmen Education's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	10.983	+	11.466
	=	22.4

Zhangmen Education's Total Assets for the quarter that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2022 )	+	Total Liabilities (Q: Dec. 2022 )
	=	10.983	+	11.466
	=	22.4

Zhangmen Education (OTCPK:ZMENY) Total Assets Explanation

Total Assets is connected with ROA %.

Zhangmen Education's annualized ROA % for the quarter that ended in Dec. 2022 is

ROA %	=	Net Income (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
	=	0	/	( (396.756	+	22.449)	/ 2 )
	=	0	/	209.6025
	=	0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Zhangmen Education's Asset Turnover for the quarter that ended in Dec. 2022 is

	Asset Turnover
=	Revenue (Q: Dec. 2022 )	/	( (Total Assets (Q: Dec. 2021 )	+	Total Assets (Q: Dec. 2022 ))	/ count )
=	0	/	( (396.756	+	22.449)	/ 2 )
=	0	/	209.6025
=	0.00

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.

Zhangmen Education Total Assets Related Terms

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Zhangmen Education (Zhangmen Education) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Zhangmen Education Inc (OTCPK:ZMENY) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1666 North Sichuan Road, Hongkou District, Shanghai, CHN, 200080

Website

https://www.zhangmen.com

Zhangmen Education Inc is an online education company in China focused on providing personalized online courses to K-12 students. The core course offerings encompass one-on-one and small-class after-school tutoring services covering all core K-12 academic subjects.