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Dh Enchantment (Dh Enchantment) Total Assets : $0.00 Mil (As of Dec. 2023)


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What is Dh Enchantment Total Assets?

Dh Enchantment's Total Assets for the quarter that ended in Dec. 2023 was $0.00 Mil.

Total Assets is connected with ROA %. Dh Enchantment's annualized ROA % for the quarter that ended in Dec. 2023 was -2,933.33%. Total Assets is also linked to Revenue through Asset Turnover. Dh Enchantment's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.


Dh Enchantment Total Assets Historical Data

The historical data trend for Dh Enchantment'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.

Dh Enchantment Total Assets Chart

Dh Enchantment Annual Data
Trend Mar21 Mar22 Mar23
Total Assets
0.07 0.12 0.02

Dh Enchantment Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.02 - - -

Dh Enchantment 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.

Dh Enchantment's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (A: Mar. 2023 )+Total Liabilities (A: Mar. 2023 )
=-0.822+0.837
=0.02

Dh Enchantment'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 )
=-0.877+0.88
=0.00

* 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.


Dh Enchantment  (OTCPK:ENMI) Total Assets Explanation

Total Assets is connected with ROA %.

Dh Enchantment's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.044/( (0.001+0.002)/ 2 )
=-0.044/0.0015
=-2,933.33 %

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

Dh Enchantment's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=0/( (0.001+0.002)/ 2 )
=0/0.0015
=0.00

* 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.

Dh Enchantment Total Assets Related Terms

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Dh Enchantment (Dh Enchantment) Business Description

Traded in Other Exchanges
N/A
Address
316-318 Kwun Tong Road, Unit A, 13th Floor, Gee Luen Factory Building, Kowloon, Hong Kong, HKG
Dh Enchantment Inc is engaged in the sale and distribution of COVID-19 rapid antigen tester sets.
Executives
Lo Kin Yi Sally director, 10 percent owner, officer: CEO, CFO and Secretary G/F, 49A CHEUNG PO TSUEN, PAT HEUNG, YUEN LONG K3 00000
Daily Success Development Ltd 10 percent owner UNIT A, 13/F KWUN TOND ROAD, KOWLOON K3 00000

Dh Enchantment (Dh Enchantment) Headlines

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