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Jinhua Chunguang Technology Co (SHSE:603657) Total Assets : ¥1,955 Mil (As of Mar. 2024)


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What is Jinhua Chunguang Technology Co Total Assets?

Jinhua Chunguang Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,955 Mil.

During the past 12 months, Jinhua Chunguang Technology Co's average Total Assets Growth Rate was -8.30% per year. During the past 3 years, the average Total Assets Growth Rate was 19.80% per year. During the past 5 years, the average Total Assets Growth Rate was 32.30% per year.

During the past 10 years, Jinhua Chunguang Technology Co's highest 3-Year average Total Assets Growth Rate was 45.00%. The lowest was 8.50%. And the median was 19.80%.

Total Assets is connected with ROA %. Jinhua Chunguang Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.83%. Total Assets is also linked to Revenue through Asset Turnover. Jinhua Chunguang Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.


Jinhua Chunguang Technology Co Total Assets Historical Data

The historical data trend for Jinhua Chunguang Technology 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.

Jinhua Chunguang Technology Co Total Assets Chart

Jinhua Chunguang Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 996.17 1,237.06 1,724.53 2,176.48 1,957.80

Jinhua Chunguang Technology 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 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 2,047.14 2,051.95 1,970.69 1,957.80 1,954.73

Jinhua Chunguang Technology 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.

Jinhua Chunguang Technology 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 )
=957.237+1000.561
=1,958

Jinhua Chunguang Technology 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 )
=941.625+1013.103
=1,955

* 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.


Jinhua Chunguang Technology Co  (SHSE:603657) Total Assets Explanation

Total Assets is connected with ROA %.

Jinhua Chunguang Technology 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 )
=-16.18/( (1957.798+1954.727)/ 2 )
=-16.18/1956.2625
=-0.83 %

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.

Jinhua Chunguang Technology 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 )
=364.024/( (1957.798+1954.727)/ 2 )
=364.024/1956.2625
=0.19

* 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.

Jinhua Chunguang Technology Co Total Assets Related Terms

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Jinhua Chunguang Technology Co (SHSE:603657) Business Description

Traded in Other Exchanges
N/A
Address
No. 420, Anwen Road, Zhejiang Province, Jinhua, CHN, 321000
Jinhua Chunguang Technology Co Ltd is a research and development, and manufacturing company of hose assembly for cleaning appliances. The products of the company include central vacuum cleaner hose series, steel wire, extrusion hose, blow mould hose, wet vacuum hose, and vacuum cleaner accessories for home.
Executives
Lv Jing Directors, senior managers
Wu Jian Kai senior management
Fu Wei Cai senior management
Wang Sheng Yong Directors, senior managers
Zhang Chun Xia Director
Chen Kai Director
Chen Zheng Ming Director

Jinhua Chunguang Technology Co (SHSE:603657) Headlines

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