GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elegant Home-tech Co Ltd (SHSE:603221) » Definitions » Total Assets

Elegant Home-tech Co (SHSE:603221) Total Assets : ¥2,300 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Elegant Home-tech Co Total Assets?

Elegant Home-tech Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,300 Mil.

During the past 12 months, Elegant Home-tech Co's average Total Assets Growth Rate was 2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 18.70% per year. During the past 5 years, the average Total Assets Growth Rate was 24.90% per year.

During the past 9 years, Elegant Home-tech Co's highest 3-Year average Total Assets Growth Rate was 31.90%. The lowest was 5.10%. And the median was 17.25%.

Total Assets is connected with ROA %. Elegant Home-tech Co's annualized ROA % for the quarter that ended in Jun. 2024 was 6.34%. Total Assets is also linked to Revenue through Asset Turnover. Elegant Home-tech Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.12.

Elegant Home-tech Co Total Assets Historical Data

The historical data trend for Elegant Home-tech 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.

Elegant Home-tech Co Total Assets Chart

Elegant Home-tech Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 972.90 1,771.30 1,866.55 2,005.38 2,223.40

Elegant Home-tech Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2,118.17 2,100.20 2,223.40 2,325.51 2,300.26

Elegant Home-tech 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.

Elegant Home-tech 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 )
=1601.737+621.666
=2,223

Elegant Home-tech Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1646.826+653.436
=2,300

* 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.

Elegant Home-tech Co  (SHSE:603221) Total Assets Explanation

Total Assets is connected with ROA %.

Elegant Home-tech Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=146.608/( (2325.507+2300.261)/ 2 )
=146.608/2312.884
=6.34 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Elegant Home-tech Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=287.518/( (2325.507+2300.261)/ 2 )
=287.518/2312.884
=0.12

* 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.

Elegant Home-tech Co Total Assets Related Terms

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

Elegant Home-tech Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elegant Home-tech Co Ltd (SHSE:603221) » Definitions » Total Assets
Comparable Companies
SZSE:301055 SHSE:605318 SZSE:301113 SZSE:002005 SHSE:605155 SZSE:003011 SHSE:603268 SZSE:301429 SHSE:600854 SZSE:001259 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
Hexing Street,Jinfeng Town, Jiangsu, Zhangjiagang, CHN, 215616
Website
http://www.eletile.com
Elegant Home-tech Co Ltd formerly known as Zhangjiagang Elegant Home-Tech Co Ltd is a manufacturer of Vinyl Floor Tiles in China. The company has both residential and commercial collections with more than 1,000 patterns for customer characterized by the look and feel of natural wood, stone, ceramic & carpet. Its products range includes Vinyl planks in wooden designs, Vinyl planks In-registered, Vinyl tiles in stone, marble, granite designs, Vinyl tiles in Carpet design, and Anti slip & Solid color Vinyl tiles.
Executives
Yang Wen Hai Supervisors

Elegant Home-tech Co Headlines

No Headlines