Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Total Assets : ¥8,027 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Guangdong Senssun Weighing Apparatus Group Total Assets?

Guangdong Senssun Weighing Apparatus Group's Total Assets for the quarter that ended in Mar. 2024 was ¥8,027 Mil.

Warning Sign:

If a company builds assets at 70.2% a year, faster than its revenue growth rate of 51.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Guangdong Senssun Weighing Apparatus Group's average Total Assets Growth Rate was 7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 5.90% per year. During the past 5 years, the average Total Assets Growth Rate was 70.20% per year. During the past 10 years, the average Total Assets Growth Rate was 45.30% per year.

During the past 12 years, Guangdong Senssun Weighing Apparatus Group's highest 3-Year average Total Assets Growth Rate was 113.50%. The lowest was 5.90%. And the median was 27.70%.

Total Assets is connected with ROA %. Guangdong Senssun Weighing Apparatus Group's annualized ROA % for the quarter that ended in Mar. 2024 was 2.27%. Total Assets is also linked to Revenue through Asset Turnover. Guangdong Senssun Weighing Apparatus Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Guangdong Senssun Weighing Apparatus Group Total Assets Historical Data

The historical data trend for Guangdong Senssun Weighing Apparatus Group'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.

Guangdong Senssun Weighing Apparatus Group Total Assets Chart

Guangdong Senssun Weighing Apparatus Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

967.24

6,443.34

6,379.48

7,403.89

7,643.43

Guangdong Senssun Weighing Apparatus Group 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															7,409.41	7,604.82	7,359.92	7,643.43	8,027.10

Guangdong Senssun Weighing Apparatus Group 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.

Guangdong Senssun Weighing Apparatus Group'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 )
	=	2584.315	+	5059.116
	=	7,643

Guangdong Senssun Weighing Apparatus Group'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 )
	=	2655.866	+	5371.229
	=	8,027

Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Total Assets Explanation

Total Assets is connected with ROA %.

Guangdong Senssun Weighing Apparatus Group'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 )
	=	177.812	/	( (7643.43	+	8027.095)	/ 2 )
	=	177.812	/	7835.2625
	=	2.27 %

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.

Guangdong Senssun Weighing Apparatus Group'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 )
=	1485.416	/	( (7643.43	+	8027.095)	/ 2 )
=	1485.416	/	7835.2625
=	0.19

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.

Guangdong Senssun Weighing Apparatus Group Total Assets Related Terms

Thank you for viewing the detailed overview of Guangdong Senssun Weighing Apparatus Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong Senssun Weighing Apparatus Group Ltd (SZSE:002870) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

East of Qiwan Road,, Baishawan Industrial Park, East District, Guangdong Province, Zhongshan, CHN, 528403

Website

http://www.senssun.com

Guangdong Senssun Weighing Apparatus Group Ltd is mainly engaged in the research and development, production and sales of household health (home scale) products, commercial weighing (commercial weighing) products and intelligent measuring products. It focuses on product that includes human scales, fat scales, kitchen scales, pocket scales, luggage scales and other smart household scales; Safety traceability scales, bar code scales, electronic price scales, electronic platform scales and other intelligent commercial scales.

Guangdong Senssun Weighing Apparatus Group (SZSE:002870) Headlines

No Headlines