GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kaixin Holdings (NAS:KXIN) » Definitions » Total Assets

Kaixin Holdings (Kaixin Holdings) Total Assets : $67.63 Mil (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Kaixin Holdings Total Assets?

Kaixin Holdings's Total Assets for the quarter that ended in Dec. 2023 was $67.63 Mil.

During the past 12 months, Kaixin Holdings's average Total Assets Growth Rate was 34.90% per year. During the past 3 years, the average Total Assets Growth Rate was 122.10% per year. During the past 5 years, the average Total Assets Growth Rate was -9.60% per year.

During the past 8 years, Kaixin Holdings's highest 3-Year average Total Assets Growth Rate was 780.50%. The lowest was -69.30%. And the median was -1.70%.

Total Assets is connected with ROA %. Kaixin Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -161.24%. Total Assets is also linked to Revenue through Asset Turnover. Kaixin Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.

Kaixin Holdings Total Assets Historical Data

The historical data trend for Kaixin Holdings'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.

Kaixin Holdings Total Assets Chart

Kaixin Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 54.39 6.59 74.16 55.68 67.63

Kaixin Holdings Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 74.16 52.01 55.68 54.13 67.63

Kaixin Holdings 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.

Kaixin Holdings'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 )
=49.017+18.616
=67.63

Kaixin Holdings'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 )
=49.017+18.616
=67.63

* 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.

Kaixin Holdings  (NAS:KXIN) Total Assets Explanation

Total Assets is connected with ROA %.

Kaixin Holdings'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 )
=-98.164/( (54.131+67.633)/ 2 )
=-98.164/60.882
=-161.24 %

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.

Kaixin Holdings'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 )
=12.679/( (54.131+67.633)/ 2 )
=12.679/60.882
=0.21

* 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.

Kaixin Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of Kaixin Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kaixin Holdings (Kaixin Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Kaixin Holdings (NAS:KXIN) » Definitions » Total Assets
Comparable Companies
UXIN CTNT CZOO JZXN SFTGQ EICCF LAZY RMBL VRM UCAR TPE:2207 KMX PAG XBRU:DIE LAD HKSE:00881 AN TSE:4732 ABG GPI
Traded in Other Exchanges
K640:Germany
Address
Huagong Road, 9th Floor, Tower A, Dongjin International Center, Chaoyang District, Beijing, CHN, 100015
Website
https://ir.kaixin.com
Kaixin Auto Holdings is an auto retail platform for luxury used cars and imported new cars. The company is actively engaged in the research and development, design, manufacturing, and sales of electric vehicles and promotes the innovation of next-generation autonomous driving and artificial intelligence technologies. The company primarily generates revenues from sales of used cars, as well as fees obtained from its role as a channel partner for third-party auto financing and other value-added service providers.
Executives
Value Fund Shareholder 10 percent owner SUITE 100-1004, 10F,ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 0000000
Sing Wang director SUITE 1003-1004, 10/F, ICBC TOWER, THREE GARDEN ROAD, CENTRAL, HONG KONG F4 00000
Renren Inc. 10 percent owner 45 WEST BUCHANAN STREET, PHOENIX AZ 85003
Jun Ma officer: Chief Technology Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Joseph Chen director 23/F, JING AN CENTER, 8 NORTH THIRD RING, ROAD EAST, CHAOYANG DISTRICT, BEIJING F4 100028
Chen Ji officer: Chief Executive Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Xiaoguang Li officer: Vice President of Marketing C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Zhu officer: VP of FP and CM C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Lin Cong director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Jinfeng Xie officer: Chief Operating Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Suli Cui officer: Vice President of Finance C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Tianruo Pu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Thomas Jintao Ren officer: Chief Financial Officer C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
James Jian Liu director C/O KAIXIN AUTO HOLDINGS, 5/F NORTH WING, 18 JIUXIANQUIAO NORTH ROAD, CHAOYANG DISTRICT, BEIJING F4 100016
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6