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China United Insurance Service (China United Insurance Service) Total Assets : $139.3 Mil (As of Mar. 2023)


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What is China United Insurance Service Total Assets?

China United Insurance Service's Total Assets for the quarter that ended in Mar. 2023 was $139.3 Mil.

Total Assets is connected with ROA %. China United Insurance Service's annualized ROA % for the quarter that ended in Mar. 2023 was 5.35%. Total Assets is also linked to Revenue through Asset Turnover. China United Insurance Service's Asset Turnover for the quarter that ended in Mar. 2023 was 0.24.


China United Insurance Service Total Assets Historical Data

The historical data trend for China United Insurance Service'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.

China United Insurance Service Total Assets Chart

China United Insurance Service Annual Data
Trend Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.88 89.24 107.73 127.78 138.89

China United Insurance Service Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 127.13 127.55 124.47 138.89 139.33

China United Insurance Service 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.

China United Insurance Service'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 )
=76.532+62.36
=138.9

China United Insurance Service's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=80.77+58.561
=139.3

* 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.


China United Insurance Service  (OTCPK:CUII) Total Assets Explanation

Total Assets is connected with ROA %.

China United Insurance Service's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=7.444/( (138.893+139.33)/ 2 )
=7.444/139.1115
=5.35 %

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

China United Insurance Service's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=33.79/( (138.893+139.33)/ 2 )
=33.79/139.1115
=0.24

* 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.

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.

China United Insurance Service Total Assets Related Terms

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China United Insurance Service (China United Insurance Service) Business Description

Traded in Other Exchanges
N/A
Address
Nan-King East Road, 7th Floor, No. 311, Section 3, Songshan District, Taipei, TWN, 10595
China United Insurance Service Inc through its subsidiaries provides insurance brokerage and agency services across the People's Republic of China. The company offers client-specific life insurance products and property and casualty insurance products. It generates most of its revenues from Taiwan followed by the People's Republic of China. Property and Casualty Insurance Products: Law Broker's main property and casualty insurance products are automobile insurance, casualty insurance, and liability insurance. The property and casualty insurance products Law Broker distributes can be further classified into the categories: automobile insurance, casualty insurance, and liability insurance.
Executives
Chuwan Hau Li director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mei-kuan Yeh officer: Chief Financial Officer 331 SECTION 3, NAN-KING EAST ROAD, 7TH FLOOR, TAIPEI F5 10595
Yung Chi Chuang officer: Chief Financial Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lee Shu Fen director, 10 percent owner 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Mao Yi Hsiao director, 10 percent owner, officer: Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsu Wen Yuan officer: Chief Marketing Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Hsieh Tung Chi officer: Chief Operating Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chen Kuie Chiao director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Li Fu Chang director 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Chiang Te Yun officer: Chief Technology Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000
Lo Chung Mei officer: Former Chief Executive Officer 7F, NO. 311 SECTION 3, NAN-KING EAST ROAD, TAIPEI CITY F5 00000

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