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If a company builds assets at 29.4% a year, faster than its revenue growth rate of 18.6% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Ningbo Ronbay New Energy Technology Co's average Total Assets Growth Rate was 19.00% per year.
During the past 3 years, the average Total Assets Growth Rate was -1.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 29.40% per year.
During the past 10 years, Ningbo Ronbay New Energy Technology Co's highest 3-Year average Total Assets Growth Rate was 79.50%. The lowest was -1.10%. And the median was 45.40%.
Note:
The Net Income data used here is four times the quarterly (Jun. 2026) 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.
Ningbo Ronbay New Energy Technology Co's Asset Turnover for the quarter that ended in Jun. 2026 is
* 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.
Ningbo Ronbay New Energy Technology Co Total Assets Related Terms
Ningbo Ronbay New Energy Technology Co Total Assets Historical Data
* 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.
Ningbo Ronbay New Energy Technology Co Total Assets Chart
Ningbo Ronbay New Energy Technology Co Annual Data
Ningbo Ronbay New Energy 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.
* 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.
Ningbo Ronbay New Energy Technology Co (SHSE:688005) has a Total Assets of ¥26,326 Mil as of Jun. 2026. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo Ronbay New Energy Technology Co and its competitors.
Is Ningbo Ronbay New Energy Technology Co's Total Assets too high?
Ningbo Ronbay New Energy Technology Co's current Total Assets is ¥26,326 Mil. Overall, Ningbo Ronbay New Energy Technology Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ningbo Ronbay New Energy Technology Co's Total Assets compare to VRT and BE?
Ningbo Ronbay New Energy Technology Co's Total Assets of ¥26,326 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Ningbo Ronbay New Energy Technology Co and its competitors. Ningbo Ronbay New Energy Technology Co's current Total Assets is ¥26,326 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ningbo Ronbay New Energy Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co (SHSE:688005) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥23.30, compared to a current price of ¥26.36 — trading 13.1% above its estimated fair value. The current Total Assets is ¥26,326 Mil. Ningbo Ronbay New Energy Technology Co's overall GF Score™ is 78/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Ningbo Ronbay New Energy Technology Co (SHSE:688005), the current Total Assets is ¥26,326 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ningbo Ronbay New Energy Technology Co (SHSE:688005) Overvalued in 2026?
Based on GuruFocus' analysis, Ningbo Ronbay New Energy Technology Co stock appears to be overvalued.
The current stock price of ¥26.36 is trading 13.1% above its estimated GF Value™ of ¥23.30.
GuruFocus considers Ningbo Ronbay New Energy Technology Co to be Modestly Overvalued.
Key valuation signals for SHSE:688005:
Total Assets: ¥26,326 Mil
GF Value™: ¥23.30 vs. price of ¥26.36 (13.1% above fair value)
No single metric tells the full story. See the SHSE:688005 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ningbo Ronbay New Energy Technology Co Business Description
Ningbo Ronbay New Energy Technology Co Ltd is engaged in the research and development, production, and marketing of multi-materials, lithium ferromanganese phosphate (lmfp) materials, sodium battery materials, and multi-precursors. The products are mainly used in the manufacturing of lithium/sodium batteries and are mainly applied in fields such as electric vehicles, electric two-wheelers, energy storage equipment, and electronic products.
78GF Score
Get the complete analysis for SHSE:688005
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