Shenzhen Coship Electronics Co (SZSE:002052) Total Assets : ¥378.8 Mil (As of Mar. 2024)

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What is Shenzhen Coship Electronics Co Total Assets?

Shenzhen Coship Electronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥378.8 Mil.

During the past 12 months, Shenzhen Coship Electronics Co's average Total Assets Growth Rate was -3.10% per year. During the past 3 years, the average Total Assets Growth Rate was -15.50% per year. During the past 5 years, the average Total Assets Growth Rate was -18.70% per year. During the past 10 years, the average Total Assets Growth Rate was -19.80% per year.

During the past 13 years, Shenzhen Coship Electronics Co's highest 3-Year average Total Assets Growth Rate was 72.70%. The lowest was -24.80%. And the median was -2.85%.

Total Assets is connected with ROA %. Shenzhen Coship Electronics Co's annualized ROA % for the quarter that ended in Mar. 2024 was -4.33%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Coship Electronics Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Shenzhen Coship Electronics Co Total Assets Historical Data

The historical data trend for Shenzhen Coship Electronics 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.

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Shenzhen Coship Electronics Co Total Assets Chart

Shenzhen Coship Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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954.14

693.39

485.74

441.27

388.11

Shenzhen Coship Electronics 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															417.73	432.15	442.94	388.11	378.81

Shenzhen Coship Electronics 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.

Shenzhen Coship Electronics 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 )
	=	-6.483	+	394.593
	=	388.1

Shenzhen Coship Electronics 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 )
	=	-11.644	+	390.458
	=	378.8

Shenzhen Coship Electronics Co (SZSE:002052) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Coship Electronics 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 )
	=	-16.616	/	( (388.11	+	378.814)	/ 2 )
	=	-16.616	/	383.462
	=	-4.33 %

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.

Shenzhen Coship Electronics 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 )
=	41.113	/	( (388.11	+	378.814)	/ 2 )
=	41.113	/	383.462
=	0.11

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.

Shenzhen Coship Electronics Co Total Assets Related Terms

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Shenzhen Coship Electronics Co (SZSE:002052) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Coship Electronics Co Ltd (SZSE:002052) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

6th Floor, Rainbow Technology Building, North District, High-tech Park, Nanshan District, Guangdong, Shenzhen, CHN, 518057

Website

http://www.coship.com

Shenzhen Coship Electronics Co Ltd is a China-based company focused on providing smart home products and services. It offers terminal products, front-end products, network products, intelligent integrated products, software and hardware solutions and smart home products. The product portfolio covers satellite and cable digital TV receivers, professional head-end IRD, IP Set-Top Box, cable modems, televisions, GPS products, security products, LED displays and other products. The company offers its products in China and other international countries.

Executives

Wang Hong Wei	Supervisors
Yuan Tuan Zhu	Executives
Liu Yi Ping	Supervisors
Yan Xiao Bei	Executives
Wang Te	Executives
Wu Yuan Liang	Directors, executives
Yuan Ming	Director
Gao Zhang Ling	Supervisors
Ye Xin	Secretary Dong
Ou Yang Jian Guo	Independent director
Sun Li Li	Directors, executives
Pan Yu Long	Directors, executives

Shenzhen Coship Electronics Co (SZSE:002052) Headlines

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