Ningbo BaoSi Energy Equipment Co (SZSE:300441) Total Assets : ¥3,961 Mil (As of Mar. 2024)

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What is Ningbo BaoSi Energy Equipment Co Total Assets?

Ningbo BaoSi Energy Equipment Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,961 Mil.

During the past 12 months, Ningbo BaoSi Energy Equipment Co's average Total Assets Growth Rate was 21.00% per year. During the past 3 years, the average Total Assets Growth Rate was 8.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 25.60% per year.

During the past 13 years, Ningbo BaoSi Energy Equipment Co's highest 3-Year average Total Assets Growth Rate was 73.60%. The lowest was 3.10%. And the median was 20.50%.

Total Assets is connected with ROA %. Ningbo BaoSi Energy Equipment Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.39%. Total Assets is also linked to Revenue through Asset Turnover. Ningbo BaoSi Energy Equipment Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Ningbo BaoSi Energy Equipment Co Total Assets Historical Data

The historical data trend for Ningbo BaoSi Energy Equipment 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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Ningbo BaoSi Energy Equipment Co Total Assets Chart

Ningbo BaoSi Energy Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,803.06

2,884.93

3,277.17

3,263.40

3,741.24

Ningbo BaoSi Energy Equipment 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															3,231.48	3,321.77	3,558.77	3,741.24	3,961.04

Ningbo BaoSi Energy Equipment 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.

Ningbo BaoSi Energy Equipment 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 )
	=	2359.209	+	1382.035
	=	3,741

Ningbo BaoSi Energy Equipment 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 )
	=	2401.345	+	1559.693
	=	3,961

Ningbo BaoSi Energy Equipment Co (SZSE:300441) Total Assets Explanation

Total Assets is connected with ROA %.

Ningbo BaoSi Energy Equipment 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 )
	=	246.24	/	( (3741.244	+	3961.038)	/ 2 )
	=	246.24	/	3851.141
	=	6.39 %

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.

Ningbo BaoSi Energy Equipment 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 )
=	565.131	/	( (3741.244	+	3961.038)	/ 2 )
=	565.131	/	3851.141
=	0.15

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.

Ningbo BaoSi Energy Equipment Co Total Assets Related Terms

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Ningbo BaoSi Energy Equipment Co (SZSE:300441) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo BaoSi Energy Equipment Co (SZSE:300441) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 18, Shangqiao Road, Xiwu Street, Fenghua District, Ningbo, CHN, 315505

Website

http://www.cnbaosi.com

Ningbo BaoSi Energy Equipment Co is engaged in the Research and Development, production and sales of screw compressor. It is also screw compressor hosting provider and process gas screw compressor manufacturer. Its products include screw compressor host machines; screw machines for coal bed methane, natural gas, oil and associated gas; whole machines; compressor accessories; and vacuum pumps, as well as other products. Its products are used in various fields of petrochemical, mining and metallurgy, and electricity.

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