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Shanghai Rongtai Health Technology (SHSE:603579) Total Assets : ¥3,354 Mil (As of Mar. 2025)


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What is Shanghai Rongtai Health Technology Total Assets?

Shanghai Rongtai Health Technology's Total Assets for the quarter that ended in Mar. 2025 was ¥3,354 Mil.

During the past 12 months, Shanghai Rongtai Health Technology's average Total Assets Growth Rate was 20.30% per year. During the past 3 years, the average Total Assets Growth Rate was 11.00% per year. During the past 5 years, the average Total Assets Growth Rate was 9.40% per year. During the past 10 years, the average Total Assets Growth Rate was 23.20% per year.

During the past 13 years, Shanghai Rongtai Health Technology's highest 3-Year average Total Assets Growth Rate was 55.80%. The lowest was 11.00%. And the median was 25.35%.

Total Assets is connected with ROA %. Shanghai Rongtai Health Technology's annualized ROA % for the quarter that ended in Mar. 2025 was 4.95%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai Rongtai Health Technology's Asset Turnover for the quarter that ended in Mar. 2025 was 0.11.


Shanghai Rongtai Health Technology Total Assets Historical Data

The historical data trend for Shanghai Rongtai Health Technology'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.

Shanghai Rongtai Health Technology Total Assets Chart

Shanghai Rongtai Health Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,977.28 3,277.93 3,423.83 3,384.90 3,742.04

Shanghai Rongtai Health Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,458.22 3,338.17 3,409.41 3,742.04 3,354.19

Shanghai Rongtai Health Technology 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.

Shanghai Rongtai Health Technology'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 )
=2015.618+1726.422
=3,742

Shanghai Rongtai Health Technology's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=2076.129+1278.059
=3,354

* 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.


Shanghai Rongtai Health Technology  (SHSE:603579) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai Rongtai Health Technology's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=175.756/( (3742.04+3354.189)/ 2 )
=175.756/3548.1145
=4.95 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Shanghai Rongtai Health Technology's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=394.971/( (3742.04+3354.189)/ 2 )
=394.971/3548.1145
=0.11

* 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.

Shanghai Rongtai Health Technology Total Assets Related Terms

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Shanghai Rongtai Health Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 1226 ZhuFeng Road, Qingpu District, Shanghai, CHN, 201702
Shanghai Rongtai Health Technology Corp Ltd is a China based company engaged in development, manufacturing and marketing of massage equipment. It also offers technology health solutions. The company's products include eye massager, massage chair series, mini massage chair, partial massage series products, massage stick, and waist massager.
Executives
Cao Tao Supervisors
Ying Jian Sen Director
Lin Guang Sheng Director
Lin Qi Director

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