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Shenzhen Forms Syntron Information Co (SZSE:300468) Total Assets : ¥1,767.9 Mil (As of Mar. 2024)


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What is Shenzhen Forms Syntron Information Co Total Assets?

Shenzhen Forms Syntron Information Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,767.9 Mil.

During the past 12 months, Shenzhen Forms Syntron Information Co's average Total Assets Growth Rate was -5.00% per year. During the past 3 years, the average Total Assets Growth Rate was -5.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.30% per year. During the past 10 years, the average Total Assets Growth Rate was 21.10% per year.

During the past 13 years, Shenzhen Forms Syntron Information Co's highest 3-Year average Total Assets Growth Rate was 64.90%. The lowest was -5.20%. And the median was 27.90%.

Total Assets is connected with ROA %. Shenzhen Forms Syntron Information Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.74%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Forms Syntron Information Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.


Shenzhen Forms Syntron Information Co Total Assets Historical Data

The historical data trend for Shenzhen Forms Syntron Information 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.

Shenzhen Forms Syntron Information Co Total Assets Chart

Shenzhen Forms Syntron Information 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 1,198.78 1,265.13 1,298.78 1,727.37 1,750.97

Shenzhen Forms Syntron Information 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 1,722.19 1,691.53 1,735.13 1,750.97 1,767.95

Shenzhen Forms Syntron Information 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 Forms Syntron Information 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 )
=1607.375+143.595
=1,751.0

Shenzhen Forms Syntron Information 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 )
=1627.011+140.936
=1,767.9

* 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.


Shenzhen Forms Syntron Information Co  (SZSE:300468) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Forms Syntron Information 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 )
=65.732/( (1750.97+1767.947)/ 2 )
=65.732/1759.4585
=3.74 %

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 Forms Syntron Information 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 )
=167.402/( (1750.97+1767.947)/ 2 )
=167.402/1759.4585
=0.10

* 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.

Shenzhen Forms Syntron Information Co Total Assets Related Terms

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Shenzhen Forms Syntron Information Co (SZSE:300468) Business Description

Traded in Other Exchanges
N/A
Address
Shenzhen Software Park Road, Nanshan High-Tech Zone, Room 1008, 10th Floor, Shenzhen, CHN, 518057
Shenzhen Forms Syntron Information Co Ltd provides information technology services like software development, application maintenance, system integration, and IT consulting.
Executives
Deng Yu Gui Supervisors
Li Lin Directors, Directors, and Executives

Shenzhen Forms Syntron Information Co (SZSE:300468) Headlines

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