Henan Thinker Automatic Equipment Co (SHSE:603508) Total Assets : ¥5,009 Mil (As of Mar. 2024)

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What is Henan Thinker Automatic Equipment Co Total Assets?

Henan Thinker Automatic Equipment Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,009 Mil.

During the past 12 months, Henan Thinker Automatic Equipment Co's average Total Assets Growth Rate was 5.30% per year. During the past 3 years, the average Total Assets Growth Rate was 7.10% per year. During the past 5 years, the average Total Assets Growth Rate was 6.10% per year. During the past 10 years, the average Total Assets Growth Rate was 18.80% per year.

During the past 13 years, Henan Thinker Automatic Equipment Co's highest 3-Year average Total Assets Growth Rate was 55.80%. The lowest was -4.20%. And the median was 22.45%.

Total Assets is connected with ROA %. Henan Thinker Automatic Equipment Co's annualized ROA % for the quarter that ended in Mar. 2024 was 7.99%. Total Assets is also linked to Revenue through Asset Turnover. Henan Thinker Automatic Equipment Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Henan Thinker Automatic Equipment Co Total Assets Historical Data

The historical data trend for Henan Thinker Automatic Equipment 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.

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Henan Thinker Automatic Equipment Co Total Assets Chart

Henan Thinker Automatic Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,972.99

4,341.91

4,629.53

4,795.13

5,041.60

Henan Thinker Automatic Equipment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															4,801.86	4,634.42	4,724.20	5,041.60	5,008.63

Henan Thinker Automatic Equipment 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.

Henan Thinker Automatic Equipment 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 )
	=	4654.863	+	386.739
	=	5,042

Henan Thinker Automatic Equipment Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	4759.171	+	249.457
	=	5,009

Henan Thinker Automatic Equipment Co (SHSE:603508) Total Assets Explanation

Total Assets is connected with ROA %.

Henan Thinker Automatic Equipment Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	401.292	/	( (5041.602	+	5008.628)	/ 2 )
	=	401.292	/	5025.115
	=	7.99 %

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

Henan Thinker Automatic Equipment Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	298.965	/	( (5041.602	+	5008.628)	/ 2 )
=	298.965	/	5025.115
=	0.06

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.

Henan Thinker Automatic Equipment Co Total Assets Related Terms

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Henan Thinker Automatic Equipment Co (SHSE:603508) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Henan Thinker Automatic Equipment Co Ltd (SHSE:603508) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 97, Science Avenue, High-tech Zone, Henan Province, Zhengzhou, CHN, 450001

Website

http://www.hnthinker.com

Henan Thinker Automatic Equipment Co Ltd is engaged in Software and IT services. Its products include LKJ2000 train running monitor device, Wireless Shunting Locomotive Signaling and monitoring systems, and among others.

Executives

Sun Kun	senior management
Wang Pei Zeng	Supervisors
Su Zhan Zhan	senior management
Fang Wei	Director
Jie Zong Guang	Director
Zhao Jian Zhou	Director
Li Xin	Director
Wang Wei Ping	Director
Guo Jie	Director
Xu Jing Sheng	senior management
Luo Yong Jin	Supervisors
Qin Wei	senior management
Gao Ya Ju	senior management

Henan Thinker Automatic Equipment Co (SHSE:603508) Headlines

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