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Advanced Technology & Materials Co (SZSE:000969) Total Assets : ¥11,185 Mil (As of Mar. 2024)


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What is Advanced Technology & Materials Co Total Assets?

Advanced Technology & Materials Co's Total Assets for the quarter that ended in Mar. 2024 was ¥11,185 Mil.

During the past 12 months, Advanced Technology & Materials Co's average Total Assets Growth Rate was -3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 3.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was 2.20% per year.

During the past 13 years, Advanced Technology & Materials Co's highest 3-Year average Total Assets Growth Rate was 59.90%. The lowest was -4.50%. And the median was 14.30%.

Total Assets is connected with ROA %. Advanced Technology & Materials Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.79%. Total Assets is also linked to Revenue through Asset Turnover. Advanced Technology & Materials Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.


Advanced Technology & Materials Co Total Assets Historical Data

The historical data trend for Advanced Technology & Materials 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.

Advanced Technology & Materials Co Total Assets Chart

Advanced Technology & Materials 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 9,271.11 9,293.85 10,229.17 10,902.09 11,370.07

Advanced Technology & Materials 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 11,097.38 11,061.56 11,339.62 11,370.07 11,184.63

Advanced Technology & Materials 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.

Advanced Technology & Materials 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 )
=6670.725+4699.343
=11,370

Advanced Technology & Materials 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 )
=6553.464+4631.164
=11,185

* 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.


Advanced Technology & Materials Co  (SZSE:000969) Total Assets Explanation

Total Assets is connected with ROA %.

Advanced Technology & Materials 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 )
=314.604/( (11370.068+11184.627)/ 2 )
=314.604/11277.3475
=2.79 %

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.

Advanced Technology & Materials 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 )
=1891.072/( (11370.068+11184.627)/ 2 )
=1891.072/11277.3475
=0.17

* 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.

Advanced Technology & Materials Co Total Assets Related Terms

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Advanced Technology & Materials Co (SZSE:000969) Business Description

Traded in Other Exchanges
N/A
Address
No. 76 Xueyuan South Road, Haidian District, Beijing, Beijing, CHN, 100081
Advanced Technology & Materials Co Ltd is a Chinese high-tech company that focuses on the research and development and manufacture of new metallic materials and products. Its products include amorphous and nano-crystalline materials and products; refractory materials and products; powder materials and products; magnetic materials and products; welding materials and products; filtration materials and environmental protection engineering products; and high-speed steel and diamond tools. These products are used in various fields which include aerospace, energy, transportation, consumer electronics, construction and building materials, petrochemical, saving and environmental protection industries. Geographically the activities are carried out through China.
Executives
Gao Ai Sheng Supervisors
Su Guo Ping Directors, executives
Wang Tie Jun Executives
Li Jun Feng Director
Wang She Jiao Director
Yang Wen Yi Executives
Yang Chun Jie Securities Affairs Representative
Zhang Jin Hua Executives
Jiang Jin Feng Supervisors
Zhao Shi Qian Directors, executives
Tian Zhi Ling Director
Zhou Shao Xiong Executives
Jin Ming Chang Supervisors
Wang Huai Supervisors
Zhao Pei Directors, executives

Advanced Technology & Materials Co (SZSE:000969) Headlines

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