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Xi'an Triangle Defense Co (SZSE:300775) Total Assets : ¥8,813 Mil (As of Mar. 2024)


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What is Xi'an Triangle Defense Co Total Assets?

Xi'an Triangle Defense Co's Total Assets for the quarter that ended in Mar. 2024 was ¥8,813 Mil.

During the past 12 months, Xi'an Triangle Defense Co's average Total Assets Growth Rate was 37.30% per year. During the past 3 years, the average Total Assets Growth Rate was 32.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.40% per year. During the past 10 years, the average Total Assets Growth Rate was 16.00% per year.

During the past 11 years, Xi'an Triangle Defense Co's highest 3-Year average Total Assets Growth Rate was 32.60%. The lowest was 1.40%. And the median was 14.40%.

Total Assets is connected with ROA %. Xi'an Triangle Defense Co's annualized ROA % for the quarter that ended in Mar. 2024 was 9.75%. Total Assets is also linked to Revenue through Asset Turnover. Xi'an Triangle Defense Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.


Xi'an Triangle Defense Co Total Assets Historical Data

The historical data trend for Xi'an Triangle Defense 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.

Xi'an Triangle Defense Co Total Assets Chart

Xi'an Triangle Defense 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 2,264.13 2,594.83 4,131.34 6,970.68 8,363.17

Xi'an Triangle Defense 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 7,376.48 7,725.69 8,082.72 8,363.17 8,812.93

Xi'an Triangle Defense 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.

Xi'an Triangle Defense 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 )
=5511.694+2851.478
=8,363

Xi'an Triangle Defense 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 )
=5727.056+3085.872
=8,813

* 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.


Xi'an Triangle Defense Co  (SZSE:300775) Total Assets Explanation

Total Assets is connected with ROA %.

Xi'an Triangle Defense 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 )
=837.668/( (8363.172+8812.928)/ 2 )
=837.668/8588.05
=9.75 %

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.

Xi'an Triangle Defense 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 )
=643.489/( (8363.172+8812.928)/ 2 )
=643.489/8588.05
=0.07

* 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.

Xi'an Triangle Defense Co Total Assets Related Terms

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Xi'an Triangle Defense Co (SZSE:300775) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Lantian 2nd Road, Xi'an Aviation Base, Shaanxi Province, Xi'an, CHN, 710089
Xi'an Triangle Defense Co Ltd is a China based company engaged in the manufacturing of Railway, Marine, Aerospace and other transportation equipment's.
Executives
Yan Jian Directors, executives
Wang Jue Independent director

Xi'an Triangle Defense Co (SZSE:300775) Headlines

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