UTour Group Co (SZSE:002707) Total Assets : ¥2,372 Mil (As of Mar. 2024)

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What is UTour Group Co Total Assets?

UTour Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,372 Mil.

During the past 12 months, UTour Group Co's average Total Assets Growth Rate was 11.70% per year. During the past 3 years, the average Total Assets Growth Rate was -9.90% per year. During the past 5 years, the average Total Assets Growth Rate was -21.20% per year. During the past 10 years, the average Total Assets Growth Rate was 9.10% per year.

During the past 13 years, UTour Group Co's highest 3-Year average Total Assets Growth Rate was 100.70%. The lowest was -32.10%. And the median was 33.70%.

Total Assets is connected with ROA %. UTour Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.69%. Total Assets is also linked to Revenue through Asset Turnover. UTour Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.43.

UTour Group Co Total Assets Historical Data

The historical data trend for UTour Group Co'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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UTour Group Co Total Assets Chart

UTour Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,706.15

3,468.48

2,559.65

2,151.98

2,410.37

UTour Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															2,161.57	2,409.84	2,608.63	2,410.37	2,371.80

UTour Group Co 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.

UTour Group Co'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 )
	=	515.821	+	1894.553
	=	2,410

UTour Group Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	547.113	+	1824.683
	=	2,372

UTour Group Co (SZSE:002707) Total Assets Explanation

Total Assets is connected with ROA %.

UTour Group Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	112.18	/	( (2410.373	+	2371.795)	/ 2 )
	=	112.18	/	2391.084
	=	4.69 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

UTour Group Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	1024.679	/	( (2410.373	+	2371.795)	/ 2 )
=	1024.679	/	2391.084
=	0.43

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.

UTour Group Co Total Assets Related Terms

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UTour Group Co (SZSE:002707) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » UTour Group Co Ltd (SZSE:002707) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Chaoyang Park Road, West 2nd Gate, Chaoyang Park, Chaoyang District, Beijing, CHN, 100125

Website

http://www.utourworld.com

UTour Group Co Ltd is a Chinese company operating as a travel agency. It operates a professional travel service e-commerce website, provides tourists with team travel, hotel reservations, and membership services. The company is mainly engaged in outbound travel wholesale, outbound travel retail, integrated marketing services, long-distance outbound travels in various countries.

Executives

Feng Bin	Directors, executives
Zhang Yi Man	Directors, executives
Wang Chun Feng	Executives
Guo Hong Bin	Director
Wang Wei Wei	Supervisors
Han Li	Directors, executives
Cao Jian	Directors, executives
Zhang Lei	Executives
Zhao Rui	Executives
Li Hong Xiu	Supervisors
Du Zheng Tai	Executives
Wang Feng	Secretary Dong
Hu Ping	Securities Affairs Representative
Lin Yan	Directors, executives
He Jing	Directors, executives

UTour Group Co (SZSE:002707) Headlines

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