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China VTV (China VTV) Total Assets : $52.70 Mil (As of Aug. 2020)


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What is China VTV Total Assets?

China VTV's Total Assets for the quarter that ended in Aug. 2020 was $52.70 Mil.

Total Assets is connected with ROA %. China VTV's annualized ROA % for the quarter that ended in Aug. 2020 was 1.02%. Total Assets is also linked to Revenue through Asset Turnover. China VTV's Asset Turnover for the quarter that ended in Aug. 2020 was 0.06.

China VTV Total Assets Historical Data

The historical data trend for China VTV'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 VTV Total Assets Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Total Assets
Get a 7-Day Free Trial 0.01 - 0.05 0.02 50.84

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.11 0.10 50.84 52.68 52.70

China VTV 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 VTV's Total Assets for the fiscal year that ended in Feb. 2020 is calculated as

Total Assets=Total Equity (A: Feb. 2020 )+Total Liabilities (A: Feb. 2020 )
=-0.327+51.166
=50.84

China VTV's Total Assets for the quarter that ended in Aug. 2020 is calculated as

Total Assets=Total Equity (Q: Aug. 2020 )+Total Liabilities (Q: Aug. 2020 )
=4.484+48.214
=52.70

* 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 VTV  (OTCPK:CVTV) Total Assets Explanation

Total Assets is connected with ROA %.

China VTV's annualized ROA % for the quarter that ended in Aug. 2020 is

ROA %=Net Income (Q: Aug. 2020 )/( (Total Assets (Q: May. 2020 )+Total Assets (Q: Aug. 2020 ))/ count )
=0.54/( (52.684+52.698)/ 2 )
=0.54/52.691
=1.02 %

Note: The Net Income data used here is four times the quarterly (Aug. 2020) 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 VTV's Asset Turnover for the quarter that ended in Aug. 2020 is

Asset Turnover
=Revenue (Q: Aug. 2020 )/( (Total Assets (Q: May. 2020 )+Total Assets (Q: Aug. 2020 ))/ count )
=3.024/( (52.684+52.698)/ 2 )
=3.024/52.691
=0.06

* 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 VTV Total Assets Related Terms

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China VTV (China VTV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Total Assets
Comparable Companies
FSE:9407 MIL:GGTV TSX:TVA.B REBL XPAR:ECP LSE:STVG TSE:4838 ASX:PRT CSSE KAR:HUMNL RLJE WAR:KPL ROCO:8329 XPAR:OLG BKK:DCORP TSE:9414 IST:TSPOR XKRX:011420 XPAR:VDLO BKK:WAVE
Traded in Other Exchanges
N/A
Address
315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG
Website
http://www.tbamm.com
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.
Executives
Jack Chen director, 10 percent owner, officer: See Remarks ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

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