Beijing Paratera Tech (BJSE:839493) Total Assets : ¥1,171.4 Mil (As of Jun. 2024)

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What is Beijing Paratera Tech Total Assets?

Beijing Paratera Tech's Total Assets for the quarter that ended in Jun. 2024 was ¥1,171.4 Mil.

Warning Sign:

If a company builds assets at 64.3% a year, faster than its revenue growth rate of 30.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing Paratera Tech's average Total Assets Growth Rate was 43.60% per year. During the past 3 years, the average Total Assets Growth Rate was 42.00% per year. During the past 5 years, the average Total Assets Growth Rate was 64.30% per year.

During the past 10 years, Beijing Paratera Tech's highest 3-Year average Total Assets Growth Rate was 90.20%. The lowest was 27.90%. And the median was 42.00%.

Total Assets is connected with ROA %. Beijing Paratera Tech's annualized ROA % for the quarter that ended in Jun. 2024 was 0.61%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Paratera Tech's Asset Turnover for the quarter that ended in Jun. 2024 was 0.12.

Beijing Paratera Tech Total Assets Historical Data

The historical data trend for Beijing Paratera Tech'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 Paratera Tech Total Assets Chart

Beijing Paratera Tech Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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178.94

358.98

732.57

745.70

1,134.54

Beijing Paratera Tech Quarterly Data
	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															772.83	793.89	1,134.54	1,103.80	1,171.35

Beijing Paratera Tech 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 Paratera Tech'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 )
	=	346.719	+	787.826
	=	1,134.5

Beijing Paratera Tech's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	356.55	+	814.801
	=	1,171.4

Beijing Paratera Tech (BJSE:839493) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Paratera Tech's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	6.924	/	( (1103.804	+	1171.351)	/ 2 )
	=	6.924	/	1137.5775
	=	0.61 %

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

Beijing Paratera Tech's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	139.662	/	( (1103.804	+	1171.351)	/ 2 )
=	139.662	/	1137.5775
=	0.12

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.

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Beijing Paratera Tech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Paratera Tech Corp Ltd (BJSE:839493) » Definitions » Total Assets

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Address

No. 10 Xibeiwang East Road, Room 101-301, Building 21,3rd Floor, Haidian, Beijing, CHN, 100094

Website

https://www.paratera.com

Beijing Paratera Tech Corp Ltd is a leading domestic supercomputing cloud service and operation service provider, providing supercomputing cloud, industry cloud, intelligence Computing cloud, design simulation cloud and computing resource construction and operation services. As China's national grid service company, a domestic high-tech enterprise, and a dual-software enterprise, Parallel Technology aggregates the computing resources of major supercomputing centers across the country, targeting enterprises and institutions and scientific research institutions in energy, manufacturing, meteorology, scientific research and education, telecommunications, finance, animation, etc. The institute provides supercomputing cloud services.

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