Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) Total Assets : ¥719.5 Mil (As of Mar. 2024)

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What is Jiangsu DINGS Intelligent Control Technology Co Total Assets?

Jiangsu DINGS Intelligent Control Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥719.5 Mil.

During the past 12 months, Jiangsu DINGS Intelligent Control Technology Co's average Total Assets Growth Rate was 49.30% per year. During the past 3 years, the average Total Assets Growth Rate was 68.30% per year.

During the past 5 years, Jiangsu DINGS Intelligent Control Technology Co's highest 3-Year average Total Assets Growth Rate was 68.30%. The lowest was 48.90%. And the median was 58.60%.

Total Assets is connected with ROA %. Jiangsu DINGS Intelligent Control Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.99%. Total Assets is also linked to Revenue through Asset Turnover. Jiangsu DINGS Intelligent Control Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Jiangsu DINGS Intelligent Control Technology Co Total Assets Historical Data

The historical data trend for Jiangsu DINGS Intelligent Control Technology 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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Jiangsu DINGS Intelligent Control Technology Co Total Assets Chart

Jiangsu DINGS Intelligent Control Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

59.84

76.87

108.20

162.71

366.86

Jiangsu DINGS Intelligent Control Technology Co Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial													411.92	756.35	713.41	715.92	719.53

Jiangsu DINGS Intelligent Control Technology 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.

Jiangsu DINGS Intelligent Control Technology Co'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 )
	=	268.459	+	98.399
	=	366.9

Jiangsu DINGS Intelligent Control Technology Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	672.946	+	46.579
	=	719.5

Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangsu DINGS Intelligent Control Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	21.464	/	( (715.921	+	719.525)	/ 2 )
	=	21.464	/	717.723
	=	2.99 %

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

Jiangsu DINGS Intelligent Control Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	43.308	/	( (715.921	+	719.525)	/ 2 )
=	43.308	/	717.723
=	0.06

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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Jiangsu DINGS Intelligent Control Technology Co (BJSE:873593) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu DINGS Intelligent Control Technology Co Ltd (BJSE:873593) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 355, Longjin Road, Lucheng Street, Changzhou Economic Development Zone, Jiangsu Province, Nanjing, CHN, 213000

Website

https://www.dingsmotion.cn

Jiangsu DINGS Intelligent Control Technology Co Ltd engages in the design, development, production, and sales of linear actuators, hybrid stepper motors, DC motors, voice coil motors, and their components. Its product offering comprises Stepper Lead Screw Linear Actuator, Stepper Ball Screw Linear Actuator, PM Linear Actuator, Hybrid Rotary Stepper Motor., Hollow Shaft Stepper Motor, Brushless DC Motor, Slotless Brushless DC Motor, Voice Coil Motor, Motion Controller, Customization Options, Gripper, and DLM Series.

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