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Bafang Electric (Suzhou) Co (SHSE:603489) Total Assets : ¥3,163 Mil (As of Sep. 2024)


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What is Bafang Electric (Suzhou) Co Total Assets?

Bafang Electric (Suzhou) Co's Total Assets for the quarter that ended in Sep. 2024 was ¥3,163 Mil.

Warning Sign:

If a company builds assets at 42.5% a year, faster than its revenue growth rate of 11.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Bafang Electric (Suzhou) Co's average Total Assets Growth Rate was -5.20% per year. During the past 3 years, the average Total Assets Growth Rate was 21.20% per year. During the past 5 years, the average Total Assets Growth Rate was 42.50% per year.

During the past 9 years, Bafang Electric (Suzhou) Co's highest 3-Year average Total Assets Growth Rate was 67.80%. The lowest was 21.20%. And the median was 50.30%.

Total Assets is connected with ROA %. Bafang Electric (Suzhou) Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.07%. Total Assets is also linked to Revenue through Asset Turnover. Bafang Electric (Suzhou) Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.


Bafang Electric (Suzhou) Co Total Assets Historical Data

The historical data trend for Bafang Electric (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.

Bafang Electric (Suzhou) Co Total Assets Chart

Bafang Electric (Suzhou) Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 2,301.48 2,866.54 3,542.91 3,590.03 3,341.37

Bafang Electric (Suzhou) Co 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 3,385.98 3,341.37 3,280.97 3,335.92 3,162.64

Bafang Electric (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.

Bafang Electric (Suzhou) 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 )
=2751.823+589.55
=3,341

Bafang Electric (Suzhou) Co'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 )
=2635.205+527.434
=3,163

* 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.


Bafang Electric (Suzhou) Co  (SHSE:603489) Total Assets Explanation

Total Assets is connected with ROA %.

Bafang Electric (Suzhou) Co'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 )
=2.42/( (3335.919+3162.639)/ 2 )
=2.42/3249.279
=0.07 %

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.

Bafang Electric (Suzhou) Co'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 )
=330.603/( (3335.919+3162.639)/ 2 )
=330.603/3249.279
=0.10

* 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.

Bafang Electric (Suzhou) Co Total Assets Related Terms

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Bafang Electric (Suzhou) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Heshun Road, Suzhou Industrial Park, Jiangsu Province, Yucheng, CHN, 215122
Bafang Electric (Suzhou) Co Ltd is engaged in the production, sales and technical services of electric treadmill motors and supporting electrical systems. The systems are used for eBikes and electric scooters. The products are sold in Europe, China and the United States.
Executives
He Xian Bing Director
Yu Zhen Hua Director
Zhou Qin senior management
Fu Shi Jun Director

Bafang Electric (Suzhou) Co Headlines

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