GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai INT Medical Instruments Co Ltd (HKSE:01501) » Definitions » Total Assets

Shanghai INT Medical Instruments Co (HKSE:01501) Total Assets

: HK$2,220.0 Mil (As of Dec. 2023)
View and export this data going back to 2019. Start your Free Trial

Shanghai INT Medical Instruments Co's Total Assets for the quarter that ended in Dec. 2023 was HK$2,220.0 Mil.

Warning Sign:

If a company builds assets at 58.1% a year, faster than its revenue growth rate of 24.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shanghai INT Medical Instruments Co's average Total Assets Growth Rate was 20.30% per year. During the past 3 years, the average Total Assets Growth Rate was 38.60% per year. During the past 5 years, the average Total Assets Growth Rate was 58.10% per year.

During the past 8 years, Shanghai INT Medical Instruments Co's highest 3-Year average Total Assets Growth Rate was 86.10%. The lowest was 28.80%. And the median was 70.80%.

Total Assets is connected with ROA %. Shanghai INT Medical Instruments Co's annualized ROA % for the quarter that ended in Dec. 2023 was 7.66%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai INT Medical Instruments Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.21.


Shanghai INT Medical Instruments Co Total Assets Historical Data

The historical data trend for Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Premium Member Only Premium Member Only Premium Member Only 1,445.00 1,686.50 1,985.53 2,040.61 2,219.96

Shanghai INT Medical Instruments Co Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,985.53 1,963.14 2,040.61 2,117.47 2,219.96

Shanghai INT Medical Instruments 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.

Shanghai INT Medical Instruments 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 )
=1835.774+384.188
=2,220.0

Shanghai INT Medical Instruments Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1835.774+384.188
=2,220.0

* 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.


Shanghai INT Medical Instruments Co  (HKSE:01501) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai INT Medical Instruments Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=166.156/( (2117.467+2219.962)/ 2 )
=166.156/2168.7145
=7.66 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Shanghai INT Medical Instruments Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=451.809/( (2117.467+2219.962)/ 2 )
=451.809/2168.7145
=0.21

* 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.

Shanghai INT Medical Instruments Co Total Assets Related Terms

Thank you for viewing the detailed overview of Shanghai INT Medical Instruments Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai INT Medical Instruments Co (HKSE:01501) Business Description

Traded in Other Exchanges
N/A
Address
No. 925 Jin Yuan Yi Road, Block 2, Jiading District, Shanghai, CHN, 201803
Shanghai INT Medical Instruments Co Ltd formerly Shanghai Kindly Medical Instruments Co Ltd is a manufacturer of cardiovascular interventional devices, which are mainly used in cardiovascular surgeries, and in particular, PCI procedures in China. It is engaged in the sales, manufacture, research, and development of cardiovascular interventional medical devices as well as related accessories and molds. It is also engaged in the research and development of other interventional and implantable medical devices, such as neurological interventional medical devices and endocardia implantable medical devices, among others. Geographically, it has operations in Mainland China, Europe, the United States, and Other countries.

Shanghai INT Medical Instruments Co (HKSE:01501) Headlines

No Headlines