DBAPPSecurity Co (SHSE:688023) Total Assets : ¥4,573 Mil (As of Sep. 2024)

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What is DBAPPSecurity Co Total Assets?

DBAPPSecurity Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,573 Mil.

Warning Sign:

If a company builds assets at 51.8% a year, faster than its revenue growth rate of 18.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, DBAPPSecurity Co's average Total Assets Growth Rate was -5.70% per year. During the past 3 years, the average Total Assets Growth Rate was 47.40% per year. During the past 5 years, the average Total Assets Growth Rate was 51.80% per year.

During the past 8 years, DBAPPSecurity Co's highest 3-Year average Total Assets Growth Rate was 70.40%. The lowest was 31.10%. And the median was 47.40%.

Total Assets is connected with ROA %. DBAPPSecurity Co's annualized ROA % for the quarter that ended in Sep. 2024 was -5.28%. Total Assets is also linked to Revenue through Asset Turnover. DBAPPSecurity Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.10.

DBAPPSecurity Co Total Assets Historical Data

The historical data trend for DBAPPSecurity 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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DBAPPSecurity Co Total Assets Chart

DBAPPSecurity Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,172.17

2,504.05

4,851.77

5,014.10

4,978.26

DBAPPSecurity Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															4,613.21	4,978.26	4,544.52	4,575.62	4,573.41

DBAPPSecurity 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.

DBAPPSecurity 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 )
	=	2564.436	+	2413.824
	=	4,978

DBAPPSecurity Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	2360.757	+	2212.657
	=	4,573

DBAPPSecurity Co (SHSE:688023) Total Assets Explanation

Total Assets is connected with ROA %.

DBAPPSecurity Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	-241.56	/	( (4575.619	+	4573.414)	/ 2 )
	=	-241.56	/	4574.5165
	=	-5.28 %

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

DBAPPSecurity Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	446.959	/	( (4575.619	+	4573.414)	/ 2 )
=	446.959	/	4574.5165
=	0.10

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.

DBAPPSecurity Co Total Assets Related Terms

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DBAPPSecurity Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DBAPPSecurity Co Ltd (SHSE:688023) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 188, Lianhui Street, Anheng Building, Xixing Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310051

Website

https://www.dbappsecurity.com.cn

DBAPPSecurity Co Ltd is engaged in the development, production and sales of network information security products and provides customers with professional network information security services. The company's products and services cover applications such as Application Security, Big data Security, Cloud Security, IoT Security, Industrial Control Security, and Industrial Internet Security.

Executives

Tan Xiu Zhu	Core technical personnel
Liu Bo	Core technical personnel
Jiang You Wei	Director
Fan Yuan	Director
Shen Ren Mei	Director

DBAPPSecurity Co Headlines

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