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Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Total Assets : ¥19,649 Mil (As of Mar. 2024)


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What is Zhejiang Huatie Emergency Equipment Science & Technology Co Total Assets?

Zhejiang Huatie Emergency Equipment Science & Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥19,649 Mil.

Warning Sign:

If a company builds assets at 30.7% a year, faster than its revenue growth rate of 25% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Zhejiang Huatie Emergency Equipment Science & Technology Co's average Total Assets Growth Rate was 32.00% per year. During the past 3 years, the average Total Assets Growth Rate was 37.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.70% per year. During the past 10 years, the average Total Assets Growth Rate was 33.90% per year.

During the past 13 years, Zhejiang Huatie Emergency Equipment Science & Technology Co's highest 3-Year average Total Assets Growth Rate was 69.80%. The lowest was 10.50%. And the median was 29.55%.

Total Assets is connected with ROA %. Zhejiang Huatie Emergency Equipment Science & Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.22%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Huatie Emergency Equipment Science & Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.


Zhejiang Huatie Emergency Equipment Science & Technology Co Total Assets Historical Data

The historical data trend for Zhejiang Huatie Emergency Equipment Science & Technology Co'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.

* Premium members only.

Zhejiang Huatie Emergency Equipment Science & Technology Co Total Assets Chart

Zhejiang Huatie Emergency Equipment Science & Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,181.83 7,432.82 10,566.18 14,354.55 19,221.03

Zhejiang Huatie Emergency Equipment Science & Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14,826.99 16,696.85 18,405.06 19,221.03 19,648.76

Zhejiang Huatie Emergency Equipment Science & Technology Co 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.

Zhejiang Huatie Emergency Equipment Science & Technology Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=5662.775+13558.258
=19,221

Zhejiang Huatie Emergency Equipment Science & Technology Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=5845.782+13802.972
=19,649

* 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.


Zhejiang Huatie Emergency Equipment Science & Technology Co  (SHSE:603300) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Huatie Emergency Equipment Science & Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=626.284/( (19221.033+19648.755)/ 2 )
=626.284/19434.894
=3.22 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Zhejiang Huatie Emergency Equipment Science & Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1104.978/( (19221.033+19648.755)/ 2 )
=1104.978/19434.894
=0.06

* 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.

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.

Zhejiang Huatie Emergency Equipment Science & Technology Co Total Assets Related Terms

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Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Business Description

Traded in Other Exchanges
N/A
Address
E-Commerce Park East, 4th Floor, 5, 9 Shing Road, Jianggan District, Hangzhou, CHN, 310019
Zhejiang Huatie Emergency Equipment Science & Technology Co Ltd Zhejiang Huatie Construction Safety Science And Technology Co Ltd provides professional, safe and environmentally-friendly safety support and ancillary services for all types of construction projects throughout the country.
Executives
Zhou Wei Hong senior management
Hu Dan Feng Director
Gui Lin Supervisors
Guo Hai Bin senior management
Ying Da Cheng Director

Zhejiang Huatie Emergency Equipment Science & Technology Co (SHSE:603300) Headlines

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