Yidu Tech's Total Assets for the quarter that ended in Sep. 2023 was HK$5,211.7 Mil.
During the past 12 months, Yidu Tech's average Total Assets Growth Rate was -28.10% per year.
During the past 3 years, the average Total Assets Growth Rate was 26.20% per year.
During the past 5 years, the average Total Assets Growth Rate was 59.00% per year.
During the past 6 years, Yidu Tech's highest 3-Year average Total Assets Growth Rate was 85.30%. The lowest was 26.20%. And the median was 55.60%.
Total Assets is connected with ROA %. Yidu Tech's annualizedROA % for the quarter that ended in Sep. 2023 was -3.01%. Total Assets is also linked to Revenue through Asset Turnover. Yidu Tech's Asset Turnover for the quarter that ended in Sep. 2023 was 0.07.
Yidu Tech Total Assets Historical Data
The historical data trend for Yidu Tech'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.
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.
Yidu Tech's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
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.
Yidu Tech's Asset Turnover for the quarter that ended in Sep. 2023 is
* 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.
Yidu Tech Total Assets Related Terms
Thank you for viewing the detailed overview of Yidu Tech's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Yidu Tech offers healthcare Big Data. It is an AI cloud-based firm providing solutions and tools to aid in more informed decisions to drive better efficiency in clients' strategies. Its clients are hospitals, pharmaceutical, biotech and medical device firms, research institutions, insurance companies, patients, and regulators. It three business segments are: Big Data platform and solutions, which partners with hospitals and policymakers to drive better efficiency; life sciences solutions, which enables better probability of clinical trial success with less drug development time and cost; and health management solutions, which helps with patient management. The Big Data platform accounted for 33% of revenue, life science solutions 30%, and health management solutions 27%, in fiscal 2022.
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