Inkeverse Group (HKSE:03700) Total Assets : HK$5,628 Mil (As of Dec. 2023)

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What is Inkeverse Group Total Assets?

Inkeverse Group's Total Assets for the quarter that ended in Dec. 2023 was HK$5,628 Mil.

During the past 12 months, Inkeverse Group's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was -1.40% per year. During the past 5 years, the average Total Assets Growth Rate was 0.30% per year.

During the past 9 years, Inkeverse Group's highest 3-Year average Total Assets Growth Rate was 196.40%. The lowest was -8.30%. And the median was 36.30%.

Total Assets is connected with ROA %. Inkeverse Group's annualized ROA % for the quarter that ended in Dec. 2023 was 7.77%. Total Assets is also linked to Revenue through Asset Turnover. Inkeverse Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.74.

Inkeverse Group Total Assets Historical Data

The historical data trend for Inkeverse 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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Inkeverse Group Total Assets Chart

Inkeverse Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,964.92

5,535.52

6,414.24

5,204.58

5,628.27

Inkeverse Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										6,414.24	5,724.05	5,204.58	5,424.83	5,628.27

Inkeverse 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.

Inkeverse Group'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 )
	=	4683.389	+	944.878
	=	5,628

Inkeverse Group'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 )
	=	4683.389	+	944.878
	=	5,628

Inkeverse Group (HKSE:03700) Total Assets Explanation

Total Assets is connected with ROA %.

Inkeverse Group'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 )
	=	429.156	/	( (5424.827	+	5628.268)	/ 2 )
	=	429.156	/	5526.5475
	=	7.77 %

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.

Inkeverse Group'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 )
=	4067.432	/	( (5424.827	+	5628.268)	/ 2 )
=	4067.432	/	5526.5475
=	0.74

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.

Inkeverse Group Total Assets Related Terms

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Inkeverse Group (HKSE:03700) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Inkeverse Group Ltd (HKSE:03700) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Zone C, Block A, Greenland Center, Area 4, Wangjing East Garden, Chaoyang District, Beijing, CHN, 100102

Website

https://www.inkeverse.com

Inkeverse Group Ltd is engaged in operating the live streaming platform and provision of advertising services in the People's Republic of China. The group business activities are mainly in the live streaming business and generate revenue from the same. It engages in the provision of value-added telecommunications services, internet cultural services, online audio and video program services, and talent agency services. Geographically, it derives revenue from China.

Executives

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Wang Meilin	2202 Interest of your spouse
Hou Guangling	2201 Interest of corporation controlled by you
Liao Jieming	2307 Founder of a discretionary trust who can infl
Feng Yousheng	2101 Beneficial owner
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Hu Nan Fei Yang Wang Luo Xin Xi Fu Wu You Xian Gong Si	2101 Beneficial owner
Bei Jing Duo Mi Zai Xian Ke Ji Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Yingyi
Liu Xiaosong	2201 Interest of corporation controlled by you
Feiyang Hongkong Limited	2201 Interest of corporation controlled by you
Fantastic Live Holdings Limited	2101 Beneficial owner
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Inkeverse Group (HKSE:03700) Headlines

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