Zhejiang Gongdong Medical Technology Co (SHSE:605369) Total Assets : ¥2,066 Mil (As of Mar. 2025)

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What is Zhejiang Gongdong Medical Technology Co Total Assets?

Zhejiang Gongdong Medical Technology Co's Total Assets for the quarter that ended in Mar. 2025 was ¥2,066 Mil.

Warning Sign:

If a company builds assets at 30.9% a year, faster than its revenue growth rate of 6.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Zhejiang Gongdong Medical Technology Co's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year. During the past 5 years, the average Total Assets Growth Rate was 30.90% per year.

During the past 9 years, Zhejiang Gongdong Medical Technology Co's highest 3-Year average Total Assets Growth Rate was 46.90%. The lowest was 13.60%. And the median was 34.55%.

Total Assets is connected with ROA %. Zhejiang Gongdong Medical Technology Co's annualized ROA % for the quarter that ended in Mar. 2025 was 5.46%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Gongdong Medical Technology Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.13.

Zhejiang Gongdong Medical Technology Co Total Assets Historical Data

The historical data trend for Zhejiang Gongdong Medical 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.

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Zhejiang Gongdong Medical Technology Co Total Assets Chart

Zhejiang Gongdong Medical Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1,375.68

1,689.91

1,867.49

1,877.69

1,951.34

Zhejiang Gongdong Medical Technology Co 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															1,930.75	1,944.50	1,987.02	1,951.34	2,066.14

Zhejiang Gongdong Medical 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.

Zhejiang Gongdong Medical Technology 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 )
	=	1717.551	+	233.789
	=	1,951

Zhejiang Gongdong Medical Technology Co'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 )
	=	1751.809	+	314.327
	=	2,066

Zhejiang Gongdong Medical Technology Co (SHSE:605369) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Gongdong Medical Technology Co'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 )
	=	109.648	/	( (1951.34	+	2066.136)	/ 2 )
	=	109.648	/	2008.738
	=	5.46 %

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.

Zhejiang Gongdong Medical Technology Co'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 )
=	264.476	/	( (1951.34	+	2066.136)	/ 2 )
=	264.476	/	2008.738
=	0.13

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.

Zhejiang Gongdong Medical Technology Co Total Assets Related Terms

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Zhejiang Gongdong Medical Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zhejiang Gongdong Medical Technology Co Ltd (SHSE:605369) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10 Beiyuan Avenue, Huangyan District, Zhejiang Province, Taizhou, CHN, 318020

Website

http://www.chinagongdong.com

Zhejiang Gongdong Medical Technology Co Ltd is engaged in production and sales of disposable medical devices, and medical testing supplies. The company's products include Vacuum Blood collection system; Specimen Collection system; Petri Dish Family; Centrifugation Tube; Vaginal Speculum; Surgical Supplies; Pipette tip; Transfer Pipette; Test Tube; Test Tube Racks; and Colorimetric Cup.

Executives

Zhong Wei Feng	Directors, senior managers
Shi Hui Yong	Director
Jin Shi Wei	Directors, senior managers
Lai Shang Xiao	senior management
Jiang Xi Xi	senior management
Gao Yuan	senior management

Zhejiang Gongdong Medical Technology Co Headlines

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