GD Culture Group (GD Culture Group) Total Assets : $11.07 Mil (As of Mar. 2024)

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What is GD Culture Group Total Assets?

GD Culture Group's Total Assets for the quarter that ended in Mar. 2024 was $11.07 Mil.

During the past 12 months, GD Culture Group's average Total Assets Growth Rate was 304.70% per year. During the past 3 years, the average Total Assets Growth Rate was -24.30% per year. During the past 5 years, the average Total Assets Growth Rate was -27.40% per year.

During the past 9 years, GD Culture Group's highest 3-Year average Total Assets Growth Rate was 3.10%. The lowest was -44.50%. And the median was -24.30%.

Total Assets is connected with ROA %. GD Culture Group's annualized ROA % for the quarter that ended in Mar. 2024 was -125.90%. Total Assets is also linked to Revenue through Asset Turnover. GD Culture Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.

GD Culture Group Total Assets Historical Data

The historical data trend for GD Culture 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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GD Culture Group Total Assets Chart

GD Culture Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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22.45

25.14

50.54

3.80

14.21

GD Culture Group 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															2.63	11.81	13.91	14.21	11.07

GD Culture 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.

GD Culture 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 )
	=	12.161	+	2.049
	=	14.21

GD Culture Group'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 )
	=	8.874	+	2.198
	=	11.07

GD Culture Group (NAS:GDC) Total Assets Explanation

Total Assets is connected with ROA %.

GD Culture Group'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 )
	=	-15.916	/	( (14.21	+	11.073)	/ 2 )
	=	-15.916	/	12.6415
	=	-125.90 %

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.

GD Culture Group'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 )
=	0	/	( (14.21	+	11.073)	/ 2 )
=	0	/	12.6415
=	0.00

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.

GD Culture Group Total Assets Related Terms

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GD Culture Group (GD Culture Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » GD Culture Group Ltd (NAS:GDC) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.165-171 Wan Chai Road, Flat 1512, 15th Floor, Lucky Centre,, Wan Chai, HKG, 610047

Website

http://www.ccnctech.com

GD Culture Group Ltd is a holding company with no material operations of its own. It conducts business through Shanghai Highlight Media Co. Ltd. Highlight Media, is an integrated marketing service agency, focusing on serving businesses in China in connection with brand management, image building, public relations, social media management and event planning.

Executives

Hongxiang Yu	director, 10 percent owner, officer: Vice President	BEIHUANZHONG ROAD JUNAN COUNTY, SHANDONG F4 276600
Shuang Zhang	director, officer: vice president	NO 119 SOUTH ZHAOJUESI ROAD, 2ND FLOOR, ROOM 1, CHENGHUA DISTRICT, CHENGDU SICHUAN F4 610047
Yajing Li	director	NO 2020 ZHONGSHANXI ROAD, ROOM 502A40, SHANGHAI F4 200030
Wei Xu	director, 10 percent owner	18 QINGNIAN WEST ROAD, HONGQIAO BUILDING WEST, 4TH FLOOR, NANTONG, JINAGSU, F4 226001
Yimin Jin	director, 10 percent owner, officer: Chief Executive Officer	BEIHUANZHONG JUNAN COURT, SHANDONG F4 276600
Qihai Wang	director	NO 2020 ZHONGSHANXI ROAD, ROOM 502A40, SHANGHAI F4 200030
Xiaoyan Shen	officer: CFO and Secretary	A-101 98 HUANGHAI ROAD TEDA, TIANJIN F4 300457
Arthur B Drogue	director	C/O SPAR GROUP, INC., 333 WESTCHESTER AVE, SOUTH BLDG, STE 204, WHITE PLAINS NY 10604
Kurt Jetta	director	1615 SOUTH CONGRESS AVENUE, SUITE 103, DELRAY BEACH FL 33445
Chuanliu Ni	director, officer: Co-Chair & CEO	A-101 98 HUANGHAI ROAD TEDA, TIANJIN F4 300457
Chenchen Zhang	director	NO. 319 XIANXIA RD, FAREAS INTERNATIONAL PLAZA BLD A, RM 409, SHANGHAI F4 0000
Jiazhen Li	director, 10 percent owner, officer: Co-Chair	A101 HANGZHENG STREET CITY INDUSTRY PARK, NO. 21 JIEFANG AVENUE, QIAOKOU DISTRICT, WUHAN, HUBEI F4 430030
Yaqing Hu	director	NO. 319 XIANXIA RD, FAREAST, INTERNATIONAL PLAZA -BLD A, RM 409, SHANGHAI F4 0000
Hui Zhu	director	NO. 319 XIANXIA RD FAREAST, INTERNATIONAL PLAZA BLD A, RM 409, SHANGHAI F4 0000
Xiaonian Zhang	director, officer: President and Director	NO. 319 XIANXIA RD FAREAST, INTERNATIONAL PLAZA - BLD A, RM 409, SHANGHAI F4 00000