Ajia Innogroup Holdings (Ajia Innogroup Holdings) Total Assets : $0.06 Mil (As of Jun. 2023)

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What is Ajia Innogroup Holdings Total Assets?

Ajia Innogroup Holdings's Total Assets for the quarter that ended in Jun. 2023 was $0.06 Mil.

During the past 12 months, Ajia Innogroup Holdings's average Total Assets Growth Rate was -98.90% per year. During the past 3 years, the average Total Assets Growth Rate was -20.60% per year. During the past 5 years, the average Total Assets Growth Rate was 155.20% per year.

During the past 9 years, Ajia Innogroup Holdings's highest 3-Year average Total Assets Growth Rate was 912.50%. The lowest was -20.60%. And the median was 176.80%.

Total Assets is connected with ROA %. Ajia Innogroup Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was -773.01%. Total Assets is also linked to Revenue through Asset Turnover. Ajia Innogroup Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.01.

Ajia Innogroup Holdings Total Assets Historical Data

The historical data trend for Ajia Innogroup 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.

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Ajia Innogroup Holdings Total Assets Chart

Ajia Innogroup Holdings Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

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0.04

0.12

0.11

5.25

0.06

Ajia Innogroup Holdings Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Total Assets	Get a 7-Day Free Trial															5.25	5.39	5.23	5.13	0.06

Ajia Innogroup 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.

Ajia Innogroup Holdings's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	-0.989	+	1.049
	=	0.06

Ajia Innogroup Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	-0.989	+	1.049
	=	0.06

Ajia Innogroup Holdings (OTCPK:AJIA) Total Assets Explanation

Total Assets is connected with ROA %.

Ajia Innogroup Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-20.048	/	( (5.126	+	0.061)	/ 2 )
	=	-20.048	/	2.5935
	=	-773.01 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Ajia Innogroup Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0.02	/	( (5.126	+	0.061)	/ 2 )
=	0.02	/	2.5935
=	0.01

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.

Ajia Innogroup Holdings Total Assets Related Terms

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Ajia Innogroup Holdings (Ajia Innogroup Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ajia Innogroup Holdings Ltd (OTCPK:AJIA) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

187 E. Warm Springs Road, Suite B307, Las Vegas, NV, USA, 89119

Website

http://www.ajiainnogroup.com

Ajia Innogroup Holdings Ltd is an all-in-one point-of-sale and restaurant management platform. As a cloud-based system built specifically for restaurants. AJIA offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.

Executives

Ajia Group Ltd

10 percent owner

FLAT/RM 303, 3F, AUSTIN TOWER, 22-26 AUSTIN AVENUE, TSIM SHA TSUI, KOWLOON K3 00000

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