Keep (HKSE:03650) Total Assets : HK$2,678 Mil (As of Dec. 2023)

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What is Keep Total Assets?

Keep's Total Assets for the quarter that ended in Dec. 2023 was HK$2,678 Mil.

During the past 12 months, Keep's average Total Assets Growth Rate was -11.30% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year.

During the past 5 years, Keep's highest 3-Year average Total Assets Growth Rate was 20.90%. The lowest was 6.90%. And the median was 13.90%.

Total Assets is connected with ROA %. Keep's annualized ROA % for the quarter that ended in Dec. 2023 was -7.37%. Total Assets is also linked to Revenue through Asset Turnover. Keep's Asset Turnover for the quarter that ended in Dec. 2023 was 0.48.

Keep Total Assets Historical Data

The historical data trend for Keep'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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Keep Total Assets Chart

Keep Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

1,103.41

3,896.67

3,821.00

2,940.91

2,678.38

Keep Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial			3,821.00	-	2,940.91	2,617.99	2,678.38

Keep 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.

Keep's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (A: Dec. 2023 )	+	Total Liabilities (A: Dec. 2023 )
	=	2048.811	+	629.57
	=	2,678

Keep'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 )
	=	2048.811	+	629.57
	=	2,678

Keep (HKSE:03650) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-195.166	/	( (2617.993	+	2678.381)	/ 2 )
	=	-195.166	/	2648.187
	=	-7.37 %

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

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1261.322	/	( (2617.993	+	2678.381)	/ 2 )
=	1261.322	/	2648.187
=	0.48

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.

Keep Total Assets Related Terms

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Keep (HKSE:03650) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Keep Inc (HKSE:03650) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Wangjing Street, Building D, Vanke Time Square, Chaoyang, Beijing, CHN

Website

https://keep.com

Keep Inc is a growing and result-oriented platform that provides users with a comprehensive fitness solution to help them achieve their fitness goals. It offers extensive and professional fitness content with AI-assisted personalized curriculums, encompassing interactive live-streaming classes and recorded fitness courses, that dynamically adjust course content and workout intensity based on users' athletic levels, fitness goals, daily workout patterns and diet. Its content is complemented by a variety of smart fitness devices, fitness gear, apparel and food, which enables seamlessly connecting the physical and digital realms to create an immersive, one-stop fitness experience.

Executives

Arrow Factory Limited	2501 Other
Trident Trust Company (hk) Limited	2501 Other
Wang Ning	2501 Other
Persistent Courage Holdings Limited	2501 Other
Softbank Vision Fund Ii-2 L.p.	2201 Interest of corporation controlled by you
Svf Ii Gp (jersey) Limited	2201 Interest of corporation controlled by you
Svf Ii Holdings (de) Llc	2201 Interest of corporation controlled by you
Svf Ii Investment Holdings (subco) Llc	2201 Interest of corporation controlled by you
Svf Ii Investment Holdings Llc	2201 Interest of corporation controlled by you
Softbank Group Corp.	2201 Interest of corporation controlled by you
Softbank Group Overseas Gk	2201 Interest of corporation controlled by you
Svf Ii Calorie Subco (de) Llc	2101 Beneficial owner
Svf Ii Aggregator (jersey) L.p.	2201 Interest of corporation controlled by you
Sb Global Advisers Limited	2201 Interest of corporation controlled by you
Sb Global Advisers Capital Markets Limited	2201 Interest of corporation controlled by you

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