Beijing Jingwei Hirain Technologies Co (SHSE:688326) Total Assets : ¥9,182 Mil (As of Sep. 2023)

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What is Beijing Jingwei Hirain Technologies Co Total Assets?

Beijing Jingwei Hirain Technologies Co's Total Assets for the quarter that ended in Sep. 2023 was ¥9,182 Mil.

During the past 12 months, Beijing Jingwei Hirain Technologies Co's average Total Assets Growth Rate was 33.20% per year. During the past 3 years, the average Total Assets Growth Rate was 30.50% per year.

During the past 5 years, Beijing Jingwei Hirain Technologies Co's highest 3-Year average Total Assets Growth Rate was 30.90%. The lowest was 30.50%. And the median was 30.70%.

Total Assets is connected with ROA %. Beijing Jingwei Hirain Technologies Co's annualized ROA % for the quarter that ended in Sep. 2023 was -2.27%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Jingwei Hirain Technologies Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.13.

Beijing Jingwei Hirain Technologies Co Total Assets Historical Data

The historical data trend for Beijing Jingwei Hirain Technologies 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 Jingwei Hirain Technologies Co Total Assets Chart

Beijing Jingwei Hirain Technologies Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

1,867.95

2,655.33

3,917.87

4,504.72

8,866.81

Beijing Jingwei Hirain Technologies Co Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial										8,566.72	8,866.81	8,587.41	8,837.67	9,182.00

Beijing Jingwei Hirain Technologies 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 Jingwei Hirain Technologies Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	5300.186	+	3566.624
	=	8,867

Beijing Jingwei Hirain Technologies Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	5105.129	+	4076.873
	=	9,182

Beijing Jingwei Hirain Technologies Co (SHSE:688326) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Jingwei Hirain Technologies Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-204.628	/	( (8837.674	+	9182.002)	/ 2 )
	=	-204.628	/	9009.838
	=	-2.27 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Beijing Jingwei Hirain Technologies Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	1161.292	/	( (8837.674	+	9182.002)	/ 2 )
=	1161.292	/	9009.838
=	0.13

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.

Beijing Jingwei Hirain Technologies Co Total Assets Related Terms

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Beijing Jingwei Hirain Technologies Co (SHSE:688326) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Beijing Jingwei Hirain Technologies Co Inc (SHSE:688326) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 14 Jiuxianqiao Road, 4th Floor, Building 1, Chaoyang District, Beijing, CHN, 100191

Website

https://www.hirain.com

Beijing Jingwei Hirain Technologies Co Inc is engaged in providing electronic products, research and development services and solutions, and high-level intelligent driving overall solutions for customers in the fields of automobiles, high-end equipment, and unmanned transportation.

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