FLJ Group (FLJ Group) Total Assets : $11.74 Mil (As of Sep. 2023)

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What is FLJ Group Total Assets?

FLJ Group's Total Assets for the quarter that ended in Sep. 2023 was $11.74 Mil.

During the past 12 months, FLJ Group's average Total Assets Growth Rate was -13.60% per year. During the past 3 years, the average Total Assets Growth Rate was -54.20% per year. During the past 5 years, the average Total Assets Growth Rate was -50.30% per year.

During the past 7 years, FLJ Group's highest 3-Year average Total Assets Growth Rate was 1.30%. The lowest was -61.10%. And the median was -46.50%.

Total Assets is connected with ROA %. FLJ Group's annualized ROA % for the quarter that ended in Sep. 2023 was -17.73%. Total Assets is also linked to Revenue through Asset Turnover. FLJ Group's Asset Turnover for the quarter that ended in Sep. 2023 was -0.63.

FLJ Group Total Assets Historical Data

The historical data trend for FLJ Group'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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FLJ Group Total Assets Chart

FLJ Group Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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253.00

124.91

58.49

13.61

11.74

FLJ Group Semi-Annual Data
	Sep17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial							58.49	22.89	13.61	74.79	11.74

FLJ Group 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.

FLJ Group's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	-88.166	+	99.902
	=	11.74

FLJ Group's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	-88.166	+	99.902
	=	11.74

FLJ Group (NAS:FLJ) Total Assets Explanation

Total Assets is connected with ROA %.

FLJ Group's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-7.67	/	( (74.794	+	11.737)	/ 2 )
	=	-7.67	/	43.2655
	=	-17.73 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

FLJ Group's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	-27.36	/	( (74.794	+	11.737)	/ 2 )
=	-27.36	/	43.2655
=	-0.63

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.

FLJ Group Total Assets Related Terms

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FLJ Group (FLJ Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » FLJ Group Ltd (NAS:FLJ) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 18, Gongping Road, 2nd Floor, Building 5, Hongkou District, Shanghai, CHN, 200082

Website

http://www.qk365.com

FLJ Group Ltd is engaged in providing an apartment rental platform in China. The company leases apartments from landlords and transforms these apartments, into standardized furnished rooms to lease to people seeking residence in cities. It cooperates with third parties, including professional home service providers, e-commerce companies, and other service providers to facilitate value-added services for its tenants.