Telestone Technologies (Telestone Technologies) Total Assets : $268.93 Mil (As of Dec. 2012)

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What is Telestone Technologies Total Assets?

Telestone Technologies's Total Assets for the quarter that ended in Dec. 2012 was $268.93 Mil.

Total Assets is connected with ROA %. Telestone Technologies's annualized ROA % for the quarter that ended in Dec. 2012 was -15.12%. Total Assets is also linked to Revenue through Asset Turnover. Telestone Technologies's Asset Turnover for the quarter that ended in Dec. 2012 was 0.02.

Telestone Technologies Total Assets Historical Data

The historical data trend for Telestone Technologies'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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Telestone Technologies Total Assets Chart

Telestone Technologies Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Total Assets

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87.54

116.74

239.24

299.85

268.93

Telestone Technologies Quarterly Data
	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12
Total Assets	Get a 7-Day Free Trial															299.85	303.40	302.94	289.46	268.93

Telestone Technologies 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.

Telestone Technologies's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets	=	Total Equity (A: Dec. 2012 )	+	Total Liabilities (A: Dec. 2012 )
	=	115.46	+	153.465
	=	268.93

Telestone Technologies's Total Assets for the quarter that ended in Dec. 2012 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2012 )	+	Total Liabilities (Q: Dec. 2012 )
	=	115.46	+	153.465
	=	268.93

Telestone Technologies (OTCPK:TSTC) Total Assets Explanation

Total Assets is connected with ROA %.

Telestone Technologies's annualized ROA % for the quarter that ended in Dec. 2012 is

ROA %	=	Net Income (Q: Dec. 2012 )	/	( (Total Assets (Q: Sep. 2012 )	+	Total Assets (Q: Dec. 2012 ))	/ count )
	=	-42.204	/	( (289.462	+	268.925)	/ 2 )
	=	-42.204	/	279.1935
	=	-15.12 %

Note: The Net Income data used here is four times the quarterly (Dec. 2012) 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.

Telestone Technologies's Asset Turnover for the quarter that ended in Dec. 2012 is

	Asset Turnover
=	Revenue (Q: Dec. 2012 )	/	( (Total Assets (Q: Sep. 2012 )	+	Total Assets (Q: Dec. 2012 ))	/ count )
=	5.526	/	( (289.462	+	268.925)	/ 2 )
=	5.526	/	279.1935
=	0.02

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.

Telestone Technologies Total Assets Related Terms

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Telestone Technologies (Telestone Technologies) Business Description

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Address

Website

http://www.telestone.com

Telestone Technologies Corp was organized under the laws of the State of Colorado in February 1987 under the name Shield Enterprises, Inc. In August 2004, TSTC reincorporated in the State of Delaware under the name Telestone Technologies Corporation. It provides access network solutions in China. The company's access network solutions include the research and development and application of access-network technology. In addition to its homegrown access-network equipment, which includes repeaters, antennas, and radio-frequency peripherals, the company offers project design, project management, installation, maintenance, and other after sales services to its customers. The company offers WFDS, a next generation wireless distribution system. WFDS is an all-optical network that combines the technologies of both wireless and optical telecommunications. As of December 31, 2011, it completed 499 WFDS installations. The company designs and sells electronic equipment used to provide access-network solutions to its customers. Many of these types of equipment, including WFDS products, RFPA products, passive components and base station antennas for 2G, 3G, Broadband access and CATV networks, are specialized active microwave components designed to meet the needs of its customers.The company provides systems integration services to its customers. The primary systems integration services provided to the company's customers are project design and engineering, specifically, the development and design of indoor and outdoor wireless signal complementary coverage solutions and their applied products. The company also markets its products to 29 countries, including the United States, Vietnam, Mexico, Brazil, Russia, India, the Philippines, Thailand, Ireland, Ecuador, Mongolia, South Africa, Turkey, Indonesia, Colombia, Costa Rica, Argentina, Ukraine, Kazakhstan, Singapore, South Korea, Hong Kong, Saudi Arabia, New Zealand, Bangladesh, the United Arab Emirates, Canada, and Iceland.

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