Ningbo Souwest Magnetech Development Co (BJSE:836961) Total Assets : ¥312.3 Mil (As of Mar. 2025)

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What is Ningbo Souwest Magnetech Development Co Total Assets?

Ningbo Souwest Magnetech Development Co's Total Assets for the quarter that ended in Mar. 2025 was ¥312.3 Mil.

Warning Sign:

If a company builds assets at 7.7% a year, faster than its revenue growth rate of 3.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Ningbo Souwest Magnetech Development Co's average Total Assets Growth Rate was 1.30% per year. During the past 3 years, the average Total Assets Growth Rate was 4.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.70% per year. During the past 10 years, the average Total Assets Growth Rate was 21.50% per year.

During the past 12 years, Ningbo Souwest Magnetech Development Co's highest 3-Year average Total Assets Growth Rate was 55.40%. The lowest was 4.10%. And the median was 18.00%.

Total Assets is connected with ROA %. Ningbo Souwest Magnetech Development Co's annualized ROA % for the quarter that ended in Mar. 2025 was 1.35%. Total Assets is also linked to Revenue through Asset Turnover. Ningbo Souwest Magnetech Development Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.08.

Ningbo Souwest Magnetech Development Co Total Assets Historical Data

The historical data trend for Ningbo Souwest Magnetech Development 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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Ningbo Souwest Magnetech Development Co Total Assets Chart

Ningbo Souwest Magnetech Development Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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123.59

151.86

212.84

311.20

318.73

Ningbo Souwest Magnetech Development Co Quarterly Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Total Assets	Get a 7-Day Free Trial															328.70	314.66	315.20	318.73	312.29

Ningbo Souwest Magnetech Development 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.

Ningbo Souwest Magnetech Development 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 )
	=	284.183	+	34.544
	=	318.7

Ningbo Souwest Magnetech Development 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 )
	=	285.377	+	26.917
	=	312.3

Ningbo Souwest Magnetech Development Co (BJSE:836961) Total Assets Explanation

Total Assets is connected with ROA %.

Ningbo Souwest Magnetech Development 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 )
	=	4.272	/	( (318.727	+	312.294)	/ 2 )
	=	4.272	/	315.5105
	=	1.35 %

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.

Ningbo Souwest Magnetech Development 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 )
=	25.047	/	( (318.727	+	312.294)	/ 2 )
=	25.047	/	315.5105
=	0.08

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.

Ningbo Souwest Magnetech Development Co Total Assets Related Terms

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Ningbo Souwest Magnetech Development Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Souwest Magnetech Development Co Ltd (BJSE:836961) » Definitions » Total Assets

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Address

Lipu Road, No. 99, Pupu Town, Zhenhai District, Zhejiang Province, Ningbo City, CHN, 315204

Website

http://en.1stmagnetech.com

Ningbo Souwest Magnetech Development Co Ltd is a magnetic applications producer specialized in researching, designing, and manufacturing of magnetic separators and magnet systems. Its products include Self-cleaning Magnetic Grate Separator, Magnetic Liquid Trap, Magnetic drawer, Rotary Grate Magnet Separator, Magnetic grate, etc.

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