Quality Online Education Group Inc
Quality Online Education Group Inc., an e-learning company, provides online English lessons to students worldwide. The company offers online English programs for K12 and adults, white label online tutoring services, and end-to-end management software solutions for education institutions. It also provides online English tutor solutions to business customers through direct sales. The company was fo… Read more
Quality Online Education Group Inc (QOEG) - Total Assets
Latest total assets as of November 2023: $1.98 Million USD
Based on the latest financial reports, Quality Online Education Group Inc (QOEG) holds total assets worth $1.98 Million USD as of November 2023.
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.
Quality Online Education Group Inc - Total Assets Trend (2007–2023)
This chart illustrates how Quality Online Education Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Quality Online Education Group Inc - Asset Composition Analysis
Current Asset Composition (August 2023)
Quality Online Education Group Inc's total assets of $1.98 Million consist of 12.8% current assets and 87.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 8.4% |
| Accounts Receivable | $30.00K | 1.5% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $759.27K | 38.3% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2007–2023)
This chart illustrates how Quality Online Education Group Inc'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: Quality Online Education Group Inc's current assets represent 12.8% of total assets in 2023, a decrease from 97.5% in 2007.
- Cash Position: Cash and equivalents constituted 8.4% of total assets in 2023, up from 2.9% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 38.0% of total assets, an increase from 0.0% in 2007.
- Asset Diversification: The largest asset category is intangible assets at 38.3% of total assets.
Quality Online Education Group Inc Competitors by Total Assets
Key competitors of Quality Online Education Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xiamen Insight Investment Co Ltd
SHE:000526
|
China | CN¥4.23 Billion |
|
Offcn Education Technology Co Ltd
SHE:002607
|
China | CN¥5.98 Billion |
|
Eduspec Holdings Bhd
KLSE:0107
|
Malaysia | RM94.93 Million |
|
SMRT Holdings Bhd
KLSE:0117
|
Malaysia | RM117.70 Million |
|
Daekyo
KO:019680
|
Korea | ₩610.25 Billion |
|
Daekyo Co Ltd
KO:019685
|
Korea | ₩610.25 Billion |
|
Peoplelogy Berhad
KLSE:0356
|
Malaysia | RM43.41 Million |
|
JLS Co.Ltd
KQ:040420
|
Korea | ₩103.17 Billion |
Quality Online Education Group Inc - 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
Strong asset utilization - Quality Online Education Group Inc generates 1.39x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Quality Online Education Group Inc is currently not profitable relative to its asset base.
Quality Online Education Group Inc - 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 | 0.05 | 0.05 | 0.00 |
| Quick Ratio | 0.05 | 0.05 | 0.00 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-5.03 Million | $ -2.32 Million | $ -74.54K |
Quality Online Education Group Inc - Advanced Valuation Insights
This section examines the relationship between Quality Online Education Group Inc'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 | - |
| Latest Market Cap to Assets Ratio | 0.38 |
| Asset Growth Rate (YoY) | 101.5% |
| Total Assets | $1.98 Million |
| Market Capitalization | $743.64K USD |
Valuation Analysis
Below Book Valuation: The market values Quality Online Education Group Inc's assets below their book value (0.38 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Quality Online Education Group Inc's assets grew by 101.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Quality Online Education Group Inc (2007–2023)
The table below shows the annual total assets of Quality Online Education Group Inc from 2007 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-08-31 | $1.98 Million | +101.50% |
| 2022-08-31 | $983.76K | -22.53% |
| 2021-08-31 | $1.27 Million | -84.56% |
| 2020-08-31 | $8.23 Million | 0.00% |
| 2019-08-31 | $8.23 Million | -6.45% |
| 2014-08-31 | $8.79 Million | +84.53% |
| 2013-08-31 | $4.77 Million | +492242.67% |
| 2011-08-31 | $968.00 | -62.52% |
| 2010-08-31 | $2.58K | -14.33% |
| 2009-08-31 | $3.02K | 0.00% |
| 2008-08-31 | $3.02K | -89.68% |
| 2007-08-31 | $29.21K | -- |