Beijing Leadman Biochemistry Co (SZSE:300289) Total Assets : ¥1,906.5 Mil (As of Mar. 2024)

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What is Beijing Leadman Biochemistry Co Total Assets?

Beijing Leadman Biochemistry Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,906.5 Mil.

During the past 12 months, Beijing Leadman Biochemistry Co's average Total Assets Growth Rate was -8.70% per year. During the past 3 years, the average Total Assets Growth Rate was -5.70% per year. During the past 5 years, the average Total Assets Growth Rate was -5.30% per year. During the past 10 years, the average Total Assets Growth Rate was -0.40% per year.

During the past 13 years, Beijing Leadman Biochemistry Co's highest 3-Year average Total Assets Growth Rate was 85.00%. The lowest was -5.70%. And the median was -0.50%.

Total Assets is connected with ROA %. Beijing Leadman Biochemistry Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.56%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Leadman Biochemistry Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Beijing Leadman Biochemistry Co Total Assets Historical Data

The historical data trend for Beijing Leadman Biochemistry 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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Beijing Leadman Biochemistry Co Total Assets Chart

Beijing Leadman Biochemistry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,714.16

1,643.99

2,348.41

1,999.82

1,938.40

Beijing Leadman Biochemistry 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															1,941.24	1,936.87	1,946.56	1,938.40	1,906.54

Beijing Leadman Biochemistry 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.

Beijing Leadman Biochemistry 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 )
	=	1804.629	+	133.769
	=	1,938.4

Beijing Leadman Biochemistry 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 )
	=	1803.622	+	102.922
	=	1,906.5

Beijing Leadman Biochemistry Co (SZSE:300289) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Leadman Biochemistry 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 )
	=	-10.82	/	( (1938.399	+	1906.544)	/ 2 )
	=	-10.82	/	1922.4715
	=	-0.56 %

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.

Beijing Leadman Biochemistry 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 )
=	94.624	/	( (1938.399	+	1906.544)	/ 2 )
=	94.624	/	1922.4715
=	0.05

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.

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Beijing Leadman Biochemistry Co (SZSE:300289) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Beijing Leadman Biochemistry Co Ltd (SZSE:300289) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.5 Hongda South Road, Beijing, CHN

Website

http://www.leadmanbio.com

Beijing Leadman Biochemistry Co Ltd is a biotechnology company based in China. The company is focusing on research and development, manufacture, and sales of in vitro diagnostic (IVD) products. The company has core competencies in biochemistry, in vitro diagnostic reagents and instruments. Its product offering includes biochemical raw materials such as enzymes, coenzymes, antibodies, buffers, and enzyme substrates; biochemistry diagnostic and companion reagents; and medical test instruments.

Executives

Ding Yao Liang	Executives
Wang Xiao Hong	Supervisors
Zhang Hai Tao	Executives
Zhang Ya Li	Supervisors
Sun Qian	Director
Wang Jian Hua	Directors, executives
Wang Yi Xing	Directors, executives
Yang Lu Ping	Securities Affairs Representative
Niu Ju Hui	Secretary Dong
Zhang Kun	Director
Shen Guang Qian	Directors, executives
Ma Yan Wen	Director
Wang Lan Zhen	Directors, executives

Beijing Leadman Biochemistry Co (SZSE:300289) Headlines

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