ATIF Holdings Ltd
ATIF Holdings Limited operates as a business consulting company in Hong Kong, the United States, and Mexico. It offers financial consulting services to small and medium-sized enterprises (SMEs). The company primarily focuses on helping clients going public on the national stock exchanges and OTC markets in the United States. Its consulting services primarily include due diligence review, market r… Read more
ATIF Holdings Ltd (ATIF) - Total Assets
Latest total assets as of October 2024: $5.88 Million USD
Based on the latest financial reports, ATIF Holdings Ltd (ATIF) holds total assets worth $5.88 Million USD as of October 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
ATIF Holdings Ltd - Total Assets Trend (2017–2024)
This chart illustrates how ATIF Holdings Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
ATIF Holdings Ltd - Asset Composition Analysis
Current Asset Composition (July 2024)
ATIF Holdings Ltd's total assets of $5.88 Million consist of 96.2% current assets and 3.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 41.5% |
| Accounts Receivable | $200.00K | 6.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how ATIF Holdings Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: ATIF Holdings Ltd's current assets represent 96.2% of total assets in 2024, a decrease from 96.9% in 2017.
- Cash Position: Cash and equivalents constituted 41.5% of total assets in 2024, up from 11.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 6.6% of total assets.
ATIF Holdings Ltd Competitors by Total Assets
Key competitors of ATIF Holdings Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Value Capital One Ltd
TA:PLTF
|
Israel | ILA42.86 Million |
|
Shenwan Hongyuan Group Co Ltd
SHE:000166
|
China | CN¥721.97 Billion |
|
Northeast Securities Co Ltd
SHE:000686
|
China | CN¥110.06 Billion |
|
Guangdong Golden Dragon Development Inc
SHE:000712
|
China | CN¥22.93 Billion |
|
Sealand Securities Co Ltd
SHE:000750
|
China | CN¥74.96 Billion |
|
GF Securities Co Ltd
SHE:000776
|
China | CN¥953.44 Billion |
|
Changjiang Securities Co Ltd
SHE:000783
|
China | CN¥191.54 Billion |
|
Eugene Inv&Sec
KO:001200
|
Korea | ₩10.26 Trillion |
ATIF Holdings Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - ATIF Holdings Ltd generates 0.21x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - ATIF Holdings Ltd is currently not profitable relative to its asset base.
ATIF Holdings Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 9.26 | 1.31 | 4.56 |
| Quick Ratio | 9.34 | 1.02 | 4.56 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $5.16 Million | $ 457.54K | $ 5.35 Million |
ATIF Holdings Ltd - Advanced Valuation Insights
This section examines the relationship between ATIF Holdings Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.73 |
| Latest Market Cap to Assets Ratio | 1.85 |
| Asset Growth Rate (YoY) | -20.1% |
| Total Assets | $3.01 Million |
| Market Capitalization | $5.56 Million USD |
Valuation Analysis
Above Book Valuation: The market values ATIF Holdings Ltd's assets above their book value (1.85 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: ATIF Holdings Ltd's assets decreased by 20.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for ATIF Holdings Ltd (2017–2024)
The table below shows the annual total assets of ATIF Holdings Ltd from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-07-31 | $3.01 Million | -20.06% |
| 2023-07-31 | $3.77 Million | -53.69% |
| 2022-07-31 | $8.14 Million | -28.61% |
| 2021-07-31 | $11.40 Million | -75.11% |
| 2020-07-31 | $45.79 Million | +270.95% |
| 2019-07-31 | $12.34 Million | +229.42% |
| 2018-07-31 | $3.75 Million | +194.44% |
| 2017-07-31 | $1.27 Million | -- |