Shanghai HeartCare Medical Technology (HKSE:06609) Total Assets : HK$1,313.9 Mil (As of Dec. 2023)

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What is Shanghai HeartCare Medical Technology Total Assets?

Shanghai HeartCare Medical Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$1,313.9 Mil.

During the past 12 months, Shanghai HeartCare Medical Technology's average Total Assets Growth Rate was 6.30% per year. During the past 3 years, the average Total Assets Growth Rate was 46.40% per year.

During the past 5 years, Shanghai HeartCare Medical Technology's highest 3-Year average Total Assets Growth Rate was 132.10%. The lowest was 46.40%. And the median was 89.25%.

Total Assets is connected with ROA %. Shanghai HeartCare Medical Technology's annualized ROA % for the quarter that ended in Dec. 2023 was -6.48%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai HeartCare Medical Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

Shanghai HeartCare Medical Technology Total Assets Historical Data

The historical data trend for Shanghai HeartCare Medical Technology'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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Shanghai HeartCare Medical Technology Total Assets Chart

Shanghai HeartCare Medical Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

101.58

917.09

1,842.39

1,465.75

1,313.90

Shanghai HeartCare Medical Technology Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				1,842.39	1,666.36	1,465.75	1,366.78	1,313.90

Shanghai HeartCare Medical Technology 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.

Shanghai HeartCare Medical Technology'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 )
	=	1176.517	+	137.38
	=	1,313.9

Shanghai HeartCare Medical Technology's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	1176.517	+	137.38
	=	1,313.9

Shanghai HeartCare Medical Technology (HKSE:06609) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai HeartCare Medical Technology's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-86.79	/	( (1366.783	+	1313.896)	/ 2 )
	=	-86.79	/	1340.3395
	=	-6.48 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Shanghai HeartCare Medical Technology's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	134.27	/	( (1366.783	+	1313.896)	/ 2 )
=	134.27	/	1340.3395
=	0.10

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.

Shanghai HeartCare Medical Technology Total Assets Related Terms

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Shanghai HeartCare Medical Technology (HKSE:06609) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai HeartCare Medical Technology Corp Ltd (HKSE:06609) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 356, Zhengbo Road, Floor 1 and 3, Building 38, Pilot Free Trade Zone, Lingang New District, Shanghai, CHN

Website

http://www.strokemedical.com

Shanghai HeartCare Medical Technology Corp Ltd is an innovative neuro-interventional medical device company. The company is committed to creating high-quality products for the prevention and treatment of stroke. Geographically, the Group's revenue is derived from Mainland China.

Executives

Ding Kui	2201 Interest of corporation controlled by you
Wisary Limited	2101 Beneficial owner
Wang Guohui
Shanghai Zandaqian Enterprise Management Consulting Center
Lyfe Capital Management Limited
Lyfe Capital Fund Iii (dragon), L.p.
Shanghai Weiyun Enterprise Management Consulting Partnership (lp)
Lyfe Columbia River Limited
Temasek Holdings (private) Limited
Elbrus Investments Pte. Ltd.
Fullerton Management Pte Ltd
Temasek Life Sciences Private Limited

Shanghai HeartCare Medical Technology (HKSE:06609) Headlines

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