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Bright Oceans Inter-Telecom (SHSE:600289) Total Assets : ¥1,377.9 Mil (As of Sep. 2024)


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What is Bright Oceans Inter-Telecom Total Assets?

Bright Oceans Inter-Telecom's Total Assets for the quarter that ended in Sep. 2024 was ¥1,377.9 Mil.

During the past 12 months, Bright Oceans Inter-Telecom's average Total Assets Growth Rate was -17.40% per year. During the past 3 years, the average Total Assets Growth Rate was -16.50% per year. During the past 5 years, the average Total Assets Growth Rate was -16.10% per year. During the past 10 years, the average Total Assets Growth Rate was -12.40% per year.

During the past 13 years, Bright Oceans Inter-Telecom's highest 3-Year average Total Assets Growth Rate was 106.90%. The lowest was -18.80%. And the median was 3.95%.

Total Assets is connected with ROA %. Bright Oceans Inter-Telecom's annualized ROA % for the quarter that ended in Sep. 2024 was 5.89%. Total Assets is also linked to Revenue through Asset Turnover. Bright Oceans Inter-Telecom's Asset Turnover for the quarter that ended in Sep. 2024 was 0.05.


Bright Oceans Inter-Telecom Total Assets Historical Data

The historical data trend for Bright Oceans Inter-Telecom'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.

Bright Oceans Inter-Telecom Total Assets Chart

Bright Oceans Inter-Telecom 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 2,381.91 2,737.72 2,424.33 2,137.81 1,248.92

Bright Oceans Inter-Telecom 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 1,797.15 1,248.92 1,219.15 1,423.36 1,377.85

Bright Oceans Inter-Telecom 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.

Bright Oceans Inter-Telecom'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 )
=417.878+831.042
=1,248.9

Bright Oceans Inter-Telecom'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 )
=717.668+660.182
=1,377.9

* 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.


Bright Oceans Inter-Telecom  (SHSE:600289) Total Assets Explanation

Total Assets is connected with ROA %.

Bright Oceans Inter-Telecom'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 )
=82.476/( (1423.36+1377.85)/ 2 )
=82.476/1400.605
=5.89 %

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.

Bright Oceans Inter-Telecom'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 )
=67.584/( (1423.36+1377.85)/ 2 )
=67.584/1400.605
=0.05

* 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.

Bright Oceans Inter-Telecom Total Assets Related Terms

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Bright Oceans Inter-Telecom Business Description

Traded in Other Exchanges
N/A
Address
No. 130 Liang Jia Dian, Yi Yang Tower, Haidian District, Beijing, Beijing, CHN, 100036
Bright Oceans Inter-Telecom Corp is a Chinese company engaged in four industries: telecommunication, transportation, energy and capital investment.
Executives
Song Jun De Director
Meng Hong Wei senior management
Ren Zhi Jun Director
Chang Xue Qun Supervisors
Fang Yuan Director
Pan Yang Fa senior management
Lin Chun Ting senior management
Li Peng senior management
Zhao Gang Director
Wang Long Sheng Director
Li Zheng Director
Cui Yong Sheng Director
Cao Xing senior management
Yang Fang Chun Director
Zhang Xiao Hong Supervisors

Bright Oceans Inter-Telecom Headlines

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