GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » EC Precision Technology (Jiangsu) Corp (BJSE:836221) » Definitions » Total Assets

EC Precision Technology (Jiangsu) (BJSE:836221) Total Assets : ¥508.7 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is EC Precision Technology (Jiangsu) Total Assets?

EC Precision Technology (Jiangsu)'s Total Assets for the quarter that ended in Sep. 2024 was ¥508.7 Mil.

During the past 12 months, EC Precision Technology (Jiangsu)'s average Total Assets Growth Rate was 14.70% per year. During the past 3 years, the average Total Assets Growth Rate was 39.30% per year. During the past 5 years, the average Total Assets Growth Rate was 27.00% per year.

During the past 10 years, EC Precision Technology (Jiangsu)'s highest 3-Year average Total Assets Growth Rate was 39.30%. The lowest was -5.00%. And the median was 15.50%.

Total Assets is connected with ROA %. EC Precision Technology (Jiangsu)'s annualized ROA % for the quarter that ended in Sep. 2024 was 11.34%. Total Assets is also linked to Revenue through Asset Turnover. EC Precision Technology (Jiangsu)'s Asset Turnover for the quarter that ended in Sep. 2024 was 0.16.


EC Precision Technology (Jiangsu) Total Assets Historical Data

The historical data trend for EC Precision Technology (Jiangsu)'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.

EC Precision Technology (Jiangsu) Total Assets Chart

EC Precision Technology (Jiangsu) Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.06 124.21 146.07 227.31 343.93

EC Precision Technology (Jiangsu) Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 471.31 482.19 497.00 490.14 508.73

EC Precision Technology (Jiangsu) 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.

EC Precision Technology (Jiangsu)'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 )
=223.982+119.946
=343.9

EC Precision Technology (Jiangsu)'s Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=405.631+103.1
=508.7

* 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.


EC Precision Technology (Jiangsu)  (BJSE:836221) Total Assets Explanation

Total Assets is connected with ROA %.

EC Precision Technology (Jiangsu)'s annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=56.648/( (490.138+508.731)/ 2 )
=56.648/499.4345
=11.34 %

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

EC Precision Technology (Jiangsu)'s Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=79.448/( (490.138+508.731)/ 2 )
=79.448/499.4345
=0.16

* 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.

EC Precision Technology (Jiangsu) Total Assets Related Terms

Thank you for viewing the detailed overview of EC Precision Technology (Jiangsu)'s Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


EC Precision Technology (Jiangsu) Business Description

Traded in Other Exchanges
N/A
Address
No. 1018, Taiping North Road, Chongchuan District, Jiangsu Province, Nantong, CHN, 226006
EC Precision Technology (Jiangsu) Corp is engaged in the research and development, production and sales of automotive precision metal parts.

EC Precision Technology (Jiangsu) Headlines

No Headlines