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Shenzhen Zecheng Electronics Co (BJSE:837821) Total Assets : ¥761.7 Mil (As of Sep. 2024)


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What is Shenzhen Zecheng Electronics Co Total Assets?

Shenzhen Zecheng Electronics Co's Total Assets for the quarter that ended in Sep. 2024 was ¥761.7 Mil.

During the past 12 months, Shenzhen Zecheng Electronics Co's average Total Assets Growth Rate was 16.00% per year. During the past 3 years, the average Total Assets Growth Rate was 25.80% per year. During the past 5 years, the average Total Assets Growth Rate was 31.20% per year. During the past 10 years, the average Total Assets Growth Rate was 38.80% per year.

During the past 11 years, Shenzhen Zecheng Electronics Co's highest 3-Year average Total Assets Growth Rate was 62.20%. The lowest was 22.90%. And the median was 39.00%.

Total Assets is connected with ROA %. Shenzhen Zecheng Electronics Co's annualized ROA % for the quarter that ended in Sep. 2024 was 5.57%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Zecheng Electronics Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.


Shenzhen Zecheng Electronics Co Total Assets Historical Data

The historical data trend for Shenzhen Zecheng Electronics 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.

Shenzhen Zecheng Electronics Co Total Assets Chart

Shenzhen Zecheng Electronics Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 317.82 444.62 527.21 776.08 730.94

Shenzhen Zecheng Electronics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 758.45 730.94 722.21 735.45 761.65

Shenzhen Zecheng Electronics 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.

Shenzhen Zecheng Electronics 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 )
=505.313+225.631
=730.9

Shenzhen Zecheng Electronics Co'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 )
=515.426+246.226
=761.7

* 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.


Shenzhen Zecheng Electronics Co  (BJSE:837821) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Zecheng Electronics Co'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 )
=41.704/( (735.454+761.652)/ 2 )
=41.704/748.553
=5.57 %

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.

Shenzhen Zecheng Electronics Co'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 )
=110.979/( (735.454+761.652)/ 2 )
=110.979/748.553
=0.15

* 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.

Shenzhen Zecheng Electronics Co Total Assets Related Terms

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Shenzhen Zecheng Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
No. 48, Kangzheng Road, Danzhutou Community, Nanwan Street, Floors 301 and 4, Building 5 and 6, Longgang District, Guangdong, Shenzhen, CHN, 518114
Shenzhen Zecheng Electronics Co Ltd is engaged in the research and development, production, and sales of customized intelligent control module products based on flexible applications. It has three basic businesses of smart module modules, electronic assembly, and circuit boards. Its product offering comprises Automobile EPS steering gear module, Automobile EPS steering gear module, Car rear camera module, Automotive interior lighting module, Series Eye Treatment Apparatus, Braces pressure tester, Spirometer, VR and touch module, Headphone smart touch module, Biological fingerprint recognition and sensor module, Biological fingerprint recognition and sensor module, Communication module AX series, among others.

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