Beijing Groundsun Technology Co (BJSE:873703) Total Assets : ¥1,364.6 Mil (As of Mar. 2024)

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

What is Beijing Groundsun Technology Co Total Assets?

Beijing Groundsun Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,364.6 Mil.

Warning Sign:

If a company builds assets at 17% a year, faster than its revenue growth rate of 13.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing Groundsun Technology Co's average Total Assets Growth Rate was 0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 8.70% per year. During the past 5 years, the average Total Assets Growth Rate was 17.00% per year. During the past 10 years, the average Total Assets Growth Rate was 17.80% per year.

During the past 11 years, Beijing Groundsun Technology Co's highest 3-Year average Total Assets Growth Rate was 38.50%. The lowest was -0.70%. And the median was 13.85%.

Total Assets is connected with ROA %. Beijing Groundsun Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 11.92%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Groundsun Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Beijing Groundsun Technology Co Total Assets Historical Data

The historical data trend for Beijing Groundsun 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.

* Premium members only.

Beijing Groundsun Technology Co Total Assets Chart

Beijing Groundsun Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

467.76

559.45

696.13

832.97

1,256.76

Beijing Groundsun Technology Co Quarterly Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															793.70	868.74	922.55	1,256.76	1,364.58

Beijing Groundsun 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.

Beijing Groundsun Technology 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 )
	=	930.086	+	326.669
	=	1,256.8

Beijing Groundsun 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 )
	=	1018.675	+	345.904
	=	1,364.6

Beijing Groundsun Technology Co (BJSE:873703) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Groundsun 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 )
	=	156.292	/	( (1256.755	+	1364.579)	/ 2 )
	=	156.292	/	1310.667
	=	11.92 %

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.

Beijing Groundsun 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 )
=	159.241	/	( (1256.755	+	1364.579)	/ 2 )
=	159.241	/	1310.667
=	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.

Beijing Groundsun Technology Co Total Assets Related Terms

Thank you for viewing the detailed overview of Beijing Groundsun Technology Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing Groundsun Technology Co (BJSE:873703) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing Groundsun Technology Co Ltd (BJSE:873703) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 6 Jinxing West Road, Room 702, Xingchuang Building, Daxing District, Beijing, CHN, 102627

Website

http://www.groundsun.com

Beijing Groundsun Technology Co Ltd is a national high-tech enterprise that specialized in heat transfer enhancement technology, equipment R&D, design and sale. Its products include Porous Coated Tube series, GTL-MCP Tube series, High Vacuum Condenser series, Corrugated Tube series, Powder Flow Heat Exchange, and others products as tower, storage vessel, separation vessel and high efficiency heat transfer equipment facilities. It also have a wide range of applications in global oil refining, Petrochemical, Coal Chemical, Soda Ash and other related industries.

Beijing Groundsun Technology Co (BJSE:873703) Headlines

No Headlines