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Guangdong Kitech New Material Holding Co (SZSE:300995) Total Assets : ¥814.2 Mil (As of Mar. 2025)


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What is Guangdong Kitech New Material Holding Co Total Assets?

Guangdong Kitech New Material Holding Co's Total Assets for the quarter that ended in Mar. 2025 was ¥814.2 Mil.

During the past 12 months, Guangdong Kitech New Material Holding Co's average Total Assets Growth Rate was 10.00% per year. During the past 3 years, the average Total Assets Growth Rate was 7.40% per year. During the past 5 years, the average Total Assets Growth Rate was 26.20% per year.

During the past 8 years, Guangdong Kitech New Material Holding Co's highest 3-Year average Total Assets Growth Rate was 49.30%. The lowest was 7.40%. And the median was 25.50%.

Total Assets is connected with ROA %. Guangdong Kitech New Material Holding Co's annualized ROA % for the quarter that ended in Mar. 2025 was 1.99%. Total Assets is also linked to Revenue through Asset Turnover. Guangdong Kitech New Material Holding Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.11.


Guangdong Kitech New Material Holding Co Total Assets Historical Data

The historical data trend for Guangdong Kitech New Material Holding 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.

Guangdong Kitech New Material Holding Co Total Assets Chart

Guangdong Kitech New Material Holding Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 497.15 799.55 760.61 802.47 820.31

Guangdong Kitech New Material Holding Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 802.28 793.59 808.57 820.31 814.17

Guangdong Kitech New Material Holding 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.

Guangdong Kitech New Material Holding Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=626.403+193.906
=820.3

Guangdong Kitech New Material Holding Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=630.572+183.601
=814.2

* 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.


Guangdong Kitech New Material Holding Co  (SZSE:300995) Total Assets Explanation

Total Assets is connected with ROA %.

Guangdong Kitech New Material Holding Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=16.232/( (820.309+814.174)/ 2 )
=16.232/817.2415
=1.99 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Guangdong Kitech New Material Holding Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=87.572/( (820.309+814.174)/ 2 )
=87.572/817.2415
=0.11

* 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.

Guangdong Kitech New Material Holding Co Total Assets Related Terms

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Guangdong Kitech New Material Holding Co Business Description

Traded in Other Exchanges
N/A
Address
135 Dongsheng Road, Jianghai District, Guangdong Province, Jiangmen, CHN, 529000
Guangdong Kitech New Material Holding Co Ltd research and development, design, production and sales of modified nylon and modified polypropylene based high-performance polymer composite materials and their products, precision injection molds, and related services.
Executives
Chen Yun Feng Directors, Directors, and Executives

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