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Cinderson Tech (Suzhou) Co (SHSE:603344) Total Assets : ¥2,857 Mil (As of Dec. 2024)


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What is Cinderson Tech (Suzhou) Co Total Assets?

Cinderson Tech (Suzhou) Co's Total Assets for the quarter that ended in Dec. 2024 was ¥2,857 Mil.

During the past 12 months, Cinderson Tech (Suzhou) Co's average Total Assets Growth Rate was 31.60% per year. During the past 3 years, the average Total Assets Growth Rate was 9.10% per year. During the past 5 years, the average Total Assets Growth Rate was 14.00% per year.

During the past 6 years, Cinderson Tech (Suzhou) Co's highest 3-Year average Total Assets Growth Rate was 15.10%. The lowest was 3.90%. And the median was 9.10%.

Total Assets is connected with ROA %. Cinderson Tech (Suzhou) Co's annualized ROA % for the quarter that ended in Dec. 2024 was 8.57%. Total Assets is also linked to Revenue through Asset Turnover. Cinderson Tech (Suzhou) Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.24.


Cinderson Tech (Suzhou) Co Total Assets Historical Data

The historical data trend for Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co Total Assets Chart

Cinderson Tech (Suzhou) Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 1,227.07 1,433.33 1,353.71 1,736.65 2,856.62

Cinderson Tech (Suzhou) Co Quarterly Data
Dec19 Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,736.65 2,577.84 2,749.74 2,762.02 2,856.62

Cinderson Tech (Suzhou) 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.

Cinderson Tech (Suzhou) Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2022.294+834.323
=2,857

Cinderson Tech (Suzhou) Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2022.294+834.323
=2,857

* 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.


Cinderson Tech (Suzhou) Co  (SHSE:603344) Total Assets Explanation

Total Assets is connected with ROA %.

Cinderson Tech (Suzhou) Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=240.792/( (2762.02+2856.617)/ 2 )
=240.792/2809.3185
=8.57 %

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

Cinderson Tech (Suzhou) Co's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=664.332/( (2762.02+2856.617)/ 2 )
=664.332/2809.3185
=0.24

* 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.

Cinderson Tech (Suzhou) Co Total Assets Related Terms

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Cinderson Tech (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
Linbu Street, Weiting Street, No. 15, Suzhou Industrial Park, Jiangsu Province, Suzhou, CHN, 215100
Cinderson Tech (Suzhou) Co Ltd is engaged in research and development, production and sales of micro motors and related products. Its products are mainly used in the field of cleaning electrical appliances represented by vacuum cleaners, and have been simultaneously developed to other terminal application fields such as power tools and garden tools. Its product category includes DC brushless motor, Ac series motor and Dc brush motor.

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