Longduoduo Co (Longduoduo Co) Total Assets : $2.54 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Longduoduo Co Total Assets?

Longduoduo Co's Total Assets for the quarter that ended in Mar. 2024 was $2.54 Mil.

During the past 12 months, Longduoduo Co's average Total Assets Growth Rate was 133.70% per year.

Total Assets is connected with ROA %. Longduoduo Co's annualized ROA % for the quarter that ended in Mar. 2024 was 72.79%. Total Assets is also linked to Revenue through Asset Turnover. Longduoduo Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.64.

Longduoduo Co Total Assets Historical Data

The historical data trend for Longduoduo 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.

* Premium members only.

Longduoduo Co Total Assets Chart

Longduoduo Co Annual Data

Trend

Jun21

Jun22

Jun23

Total Assets

0.51

0.61

1.48

Longduoduo Co Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial							0.93	1.48	1.30	3.09	2.54

Longduoduo 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.

Longduoduo Co'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 )
	=	-0.571	+	2.053
	=	1.48

Longduoduo 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 )
	=	0.42	+	2.122
	=	2.54

Longduoduo Co (OTCPK:LDDD) Total Assets Explanation

Total Assets is connected with ROA %.

Longduoduo 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 )
	=	2.048	/	( (3.085	+	2.542)	/ 2 )
	=	2.048	/	2.8135
	=	72.79 %

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.

Longduoduo 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 )
=	1.79	/	( (3.085	+	2.542)	/ 2 )
=	1.79	/	2.8135
=	0.64

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.

Longduoduo Co Total Assets Related Terms

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

Longduoduo Co (Longduoduo Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Longduoduo Co Ltd (OTCPK:LDDD) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ordos Street, 419, Floor 4, Comprehensive Building, Second Light Hospital, Yuquan District, Inner Mongolia, Hohhot, CHN, 010000

Website

http://www.longduoduo.net

Longduoduo Co Ltd through its operating subsidiaries engaged in the business of providing preventive healthcare solutions. It provides a wide range of comprehensive preventive healthcare services including disease screening, healthcare treatments, healthcare products, and other services. The company mainly focuses on the prevention of myocardial infarction, cerebral infarction, hemiplegia, and cardiovascular and cerebrovascular diseases. The company's revenues are generated from its customers in the People's Republic of China.

Longduoduo Co (Longduoduo Co) Headlines

No Headlines