QDM International (QDM International) Total Assets : $6.87 Mil (As of Dec. 2023)

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What is QDM International Total Assets?

QDM International's Total Assets for the quarter that ended in Dec. 2023 was $6.87 Mil.

During the past 12 months, QDM International's average Total Assets Growth Rate was 148.60% per year.

During the past 13 years, QDM International's highest 3-Year average Total Assets Growth Rate was 386.30%. The lowest was -88.40%. And the median was -3.30%.

Total Assets is connected with ROA %. QDM International's annualized ROA % for the quarter that ended in Dec. 2023 was 11.89%. Total Assets is also linked to Revenue through Asset Turnover. QDM International's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

QDM International Total Assets Historical Data

The historical data trend for QDM International'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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QDM International Total Assets Chart

QDM International Annual Data

Trend

Dec12

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Mar21

Mar22

Mar23

Total Assets

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0.09

0.15

0.27

3.15

QDM International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															0.34	3.15	5.54	6.06	6.87

QDM International 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.

QDM International's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	1.806	+	1.344
	=	3.15

QDM International's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3.257	+	3.608
	=	6.87

QDM International (OTCPK:QDMI) Total Assets Explanation

Total Assets is connected with ROA %.

QDM International's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.768	/	( (6.058	+	6.865)	/ 2 )
	=	0.768	/	6.4615
	=	11.89 %

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

QDM International's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	1.01	/	( (6.058	+	6.865)	/ 2 )
=	1.01	/	6.4615
=	0.16

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.

QDM International Total Assets Related Terms

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QDM International (QDM International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » QDM International Inc (OTCPK:QDMI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

5 Canton Road, Room 1030B, 10/F, Ocean Centre, Harbour City, Tsim Sha Tsui, Hong Kong, HKG, 200051

Website

https://www.247kiddoc.com

QDM International Inc is an insurance brokerage company operating in Hong Kong. The company sells a wide range of insurance products, consisting of two main categories: life and medical insurance, such as individual life insurance; and general insurance, such as automobile insurance, commercial property insurance, liability insurance, and homeowner insurance. In addition, as a Mandatory Provident Fund Intermediary, it also provides customers with assistance on account opening and related services under the MPF and the Occupational Retirement Schemes Ordinance schemes, both of which are mandatory retirement protection schemes set up for employees who are Hong Kong residents.

Executives

Timothy John Miles	director	PO BOX 30, DUNDEE MI 48131
Huihe Zheng	director, 10 percent owner, officer: Chairman, CEO, and President	T2-702 SOHO TIANSHAN SQUARE,, 1717 TIANSHAN ROAD, CHANGNING DISTRICT, SHANGHAI F4 200051
Huili Shen	director, officer: Secretary	ROOM 707 SOHO T2 TIANSHAN PLAZA, SHANGHAI F4 200051
Robert Brooks	10 percent owner	9 PROSPECT AVENUE, PORT WASHINGTON NY 11050
Kenneth J Scott	director	2156 HURON TRAIL, MAITLAND FL 32751
Brian C Rosenbloom	director, 10 percent owner
Timothy B Shannon	director, officer: CEO/CFO	4279 BURNWOOD TRAIL, DENVER CO 28037

QDM International (QDM International) Headlines

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