Pintec Technology Holdings (Pintec Technology Holdings) Total Assets : $21.52 Mil (As of Jun. 2023)

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What is Pintec Technology Holdings Total Assets?

Pintec Technology Holdings's Total Assets for the quarter that ended in Jun. 2023 was $21.52 Mil.

During the past 12 months, Pintec Technology Holdings's average Total Assets Growth Rate was -56.80% per year. During the past 3 years, the average Total Assets Growth Rate was -41.50% per year. During the past 5 years, the average Total Assets Growth Rate was -34.50% per year.

During the past 7 years, Pintec Technology Holdings's highest 3-Year average Total Assets Growth Rate was 36.10%. The lowest was -41.50%. And the median was -33.65%.

Total Assets is connected with ROA %. Pintec Technology Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 0.42%. Total Assets is also linked to Revenue through Asset Turnover. Pintec Technology Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.10.

Pintec Technology Holdings Total Assets Historical Data

The historical data trend for Pintec Technology 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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Pintec Technology Holdings Total Assets Chart

Pintec Technology Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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344.01

222.51

149.63

119.52

75.86

Pintec Technology Holdings Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial									127.15	119.52	89.24	75.86	21.52

Pintec Technology 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.

Pintec Technology Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-35.449	+	111.308
	=	75.86

Pintec Technology 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 )
	=	-30.346	+	51.864
	=	21.52

Pintec Technology Holdings (NAS:PT) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0.206	/	( (75.86	+	21.518)	/ 2 )
	=	0.206	/	48.689
	=	0.42 %

Note: The Net Income data used here is two times the semi-annual (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.

Pintec Technology Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	4.9	/	( (75.86	+	21.518)	/ 2 )
=	4.9	/	48.689
=	0.10

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.

Pintec Technology Holdings Total Assets Related Terms

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Pintec Technology Holdings (Pintec Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Pintec Technology Holdings Ltd (NAS:PT) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 109 Yard Tianjizhigu, 3rd Floor, No. 11 Building, Jinghai 3rd Street, BDA, Beijing, CHN, 101111

Website

https://www.pintec.com

Pintec Technology Holdings Ltd is a technology platform that provides financial services in China in terms of loan volume facilitated. The company connects business partners and financial partners on its open platform and enables them to provide financial services to end-users. Its products include installment loans, personal loans, wealth management, insurance brokerage, SME loans, and others. The company generates its revenue from technical service fees also by providing financing for these borrowers and earn installment service fees, They earn wealth management services fees and commission on financial products.