If a company builds assets at 10.5% a year, faster than its revenue growth rate of 9.2% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Tongling Jingda Special Magnet Wire Co's average Total Assets Growth Rate was 16.00% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.70% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.
During the past 13 years, Tongling Jingda Special Magnet Wire Co's highest 3-Year average Total Assets Growth Rate was 55.10%. The lowest was -0.40%. And the median was 12.30%.
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) 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.
Tongling Jingda Special Magnet Wire Co's Asset Turnover for the quarter that ended in Mar. 2026 is
* 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.
Tongling Jingda Special Magnet Wire Co Total Assets Related Terms
Tongling Jingda Special Magnet Wire Co Total Assets Historical Data
* 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.
Tongling Jingda Special Magnet Wire Co Total Assets Chart
Tongling Jingda Special Magnet Wire Co Annual Data
Tongling Jingda Special Magnet Wire 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.
* 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.
Tongling Jingda Special Magnet Wire Co (SHSE:600577) has a Total Assets of ¥15,663 Mil as of Mar. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Tongling Jingda Special Magnet Wire Co and its competitors.
Is Tongling Jingda Special Magnet Wire Co's Total Assets too high?
Tongling Jingda Special Magnet Wire Co's current Total Assets is ¥15,663 Mil. Overall, Tongling Jingda Special Magnet Wire Co has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tongling Jingda Special Magnet Wire Co's Total Assets compare to VRT and BE?
Tongling Jingda Special Magnet Wire Co's Total Assets of ¥15,663 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Tongling Jingda Special Magnet Wire Co and its competitors. Tongling Jingda Special Magnet Wire Co's current Total Assets is ¥15,663 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongling Jingda Special Magnet Wire Co stock overvalued right now?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co (SHSE:600577) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥7.50, compared to a current price of ¥9.37 — trading 24.9% above its estimated fair value. The current Total Assets is ¥15,663 Mil. Tongling Jingda Special Magnet Wire Co's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Tongling Jingda Special Magnet Wire Co (SHSE:600577), the current Total Assets is ¥15,663 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tongling Jingda Special Magnet Wire Co (SHSE:600577) Overvalued in 2026?
Based on GuruFocus' analysis, Tongling Jingda Special Magnet Wire Co stock appears to be overvalued.
The current stock price of ¥9.37 is trading 24.9% above its estimated GF Value™ of ¥7.50.
GuruFocus considers Tongling Jingda Special Magnet Wire Co to be Modestly Overvalued.
Key valuation signals for SHSE:600577:
Total Assets: ¥15,663 Mil
GF Value™: ¥7.50 vs. price of ¥9.37 (24.9% above fair value)
No single metric tells the full story. See the SHSE:600577 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tongling Jingda Special Magnet Wire Co Business Description
Tongling Jingda Special Magnet Wire Co Ltd manufactures magnet wire. Its products include Magnet wire; Automobile wire; Special conductor; Rod material and Die.
77GF Score
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