Dada Nexus (Dada Nexus) Total Assets : $951 Mil (As of Mar. 2024)

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What is Dada Nexus Total Assets?

Dada Nexus's Total Assets for the quarter that ended in Mar. 2024 was $951 Mil.

During the past 12 months, Dada Nexus's average Total Assets Growth Rate was -34.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 7 years, Dada Nexus's highest 3-Year average Total Assets Growth Rate was 33.20%. The lowest was 4.40%. And the median was 15.40%.

Total Assets is connected with ROA %. Dada Nexus's annualized ROA % for the quarter that ended in Mar. 2024 was -18.11%. Total Assets is also linked to Revenue through Asset Turnover. Dada Nexus's Asset Turnover for the quarter that ended in Mar. 2024 was 0.34.

Dada Nexus Total Assets Historical Data

The historical data trend for Dada Nexus'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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Dada Nexus Total Assets Chart

Dada Nexus Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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611.11

1,459.95

829.07

1,297.50

1,060.74

Dada Nexus 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															1,210.23	1,187.28	1,194.12	1,060.74	951.42

Dada Nexus 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.

Dada Nexus'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 )
	=	778.258	+	282.48
	=	1,061

Dada Nexus'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 )
	=	729.819	+	221.597
	=	951

Dada Nexus (NAS:DADA) Total Assets Explanation

Total Assets is connected with ROA %.

Dada Nexus'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 )
	=	-182.168	/	( (1060.738	+	951.417)	/ 2 )
	=	-182.168	/	1006.0775
	=	-18.11 %

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.

Dada Nexus'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 )
=	340.451	/	( (1060.738	+	951.417)	/ 2 )
=	340.451	/	1006.0775
=	0.34

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.

Dada Nexus Total Assets Related Terms

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Dada Nexus (Dada Nexus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Dada Nexus Ltd (NAS:DADA) » Definitions » Total Assets

Comparable Companies

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D0A:Germany

Address

No.1088 Yangshupu Road, 22nd Floor, Oriental Fisherman’s Wharf, Yangpu District, Shanghai, CHN, 200082

Website

https://ir.imdada.cn

Dada Nexus is a leading crowdsourced delivery service in China. The company has two core businesses, Dada Now, which is an on-demand delivery platform that provides last-mile and intracity services; and JD Daojia, or JDDJ, which is an online on-demand retail platform that connects consumers to merchants with its delivery capabilities. As of 2022, Dada Now accounted for 34% of revenue while JDDJ accounted for the rest. JDDJ and Dada Nexus merged in 2016, where JD.com received 47.4% ownership of the merged entity in exchange for its JDDJ business. As of June 2023, JD.com and Walmart Inc own 53.9% and 9.3% of Dada Nexus, respectively. Dada Nexus competes with other logistics companies such as SF Intra-City, with Didi in its delivery business, and with Meituan in its on-demand retail segment.