Yantai Yatong Precision Mechanical (SHSE:603190) Total Assets : ¥3,838 Mil (As of Sep. 2024)

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

What is Yantai Yatong Precision Mechanical Total Assets?

Yantai Yatong Precision Mechanical's Total Assets for the quarter that ended in Sep. 2024 was ¥3,838 Mil.

During the past 12 months, Yantai Yatong Precision Mechanical's average Total Assets Growth Rate was 18.90% per year. During the past 3 years, the average Total Assets Growth Rate was 17.40% per year. During the past 5 years, the average Total Assets Growth Rate was 19.20% per year.

During the past 6 years, Yantai Yatong Precision Mechanical's highest 3-Year average Total Assets Growth Rate was 20.00%. The lowest was 17.40%. And the median was 18.70%.

Total Assets is connected with ROA %. Yantai Yatong Precision Mechanical's annualized ROA % for the quarter that ended in Sep. 2024 was 0.43%. Total Assets is also linked to Revenue through Asset Turnover. Yantai Yatong Precision Mechanical's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.

Yantai Yatong Precision Mechanical Total Assets Historical Data

The historical data trend for Yantai Yatong Precision Mechanical'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.

Yantai Yatong Precision Mechanical Total Assets Chart

Yantai Yatong Precision Mechanical Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,502.57

1,942.45

2,215.29

2,542.62

3,520.53

Yantai Yatong Precision Mechanical Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial												3,318.93	3,520.53	3,712.80	3,797.33	3,837.80

Yantai Yatong Precision Mechanical 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.

Yantai Yatong Precision Mechanical'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 )
	=	2058.816	+	1461.713
	=	3,521

Yantai Yatong Precision Mechanical'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 )
	=	2109.879	+	1727.916
	=	3,838

Yantai Yatong Precision Mechanical (SHSE:603190) Total Assets Explanation

Total Assets is connected with ROA %.

Yantai Yatong Precision Mechanical'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 )
	=	16.376	/	( (3797.333	+	3837.795)	/ 2 )
	=	16.376	/	3817.564
	=	0.43 %

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.

Yantai Yatong Precision Mechanical'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 )
=	357.205	/	( (3797.333	+	3837.795)	/ 2 )
=	357.205	/	3817.564
=	0.09

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.

Yantai Yatong Precision Mechanical Total Assets Related Terms

Thank you for viewing the detailed overview of Yantai Yatong Precision Mechanical's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Yantai Yatong Precision Mechanical Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Yantai Yatong Precision Mechanical Corp (SHSE:603190) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

North of Laihai Road, Laizhou Economic Development Zone, Shandong Province, Yantai, CHN, 261411

Website

http://www.yatonggroup.com

Yantai Yatong Precision Mechanical Corp is engaged in the research and development, production, sales and service of auto parts and mining auxiliary transportation equipment.

Yantai Yatong Precision Mechanical Headlines

No Headlines