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Hangzhou Arcvideo Technology Co (SHSE:688039) Total Assets : ¥1,531.1 Mil (As of Mar. 2024)


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What is Hangzhou Arcvideo Technology Co Total Assets?

Hangzhou Arcvideo Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,531.1 Mil.

Warning Sign:

If a company builds assets at 50% a year, faster than its revenue growth rate of 2.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hangzhou Arcvideo Technology Co's average Total Assets Growth Rate was 5.00% per year. During the past 3 years, the average Total Assets Growth Rate was 35.40% per year. During the past 5 years, the average Total Assets Growth Rate was 50.00% per year.

During the past 8 years, Hangzhou Arcvideo Technology Co's highest 3-Year average Total Assets Growth Rate was 82.30%. The lowest was 35.40%. And the median was 67.80%.

Total Assets is connected with ROA %. Hangzhou Arcvideo Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -5.90%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Arcvideo Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


Hangzhou Arcvideo Technology Co Total Assets Historical Data

The historical data trend for Hangzhou Arcvideo 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.

Hangzhou Arcvideo Technology Co Total Assets Chart

Hangzhou Arcvideo Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,513.61 1,622.19 1,796.84 1,625.69 1,597.50

Hangzhou Arcvideo 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 1,634.46 1,668.22 1,673.55 1,597.50 1,531.06

Hangzhou Arcvideo 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.

Hangzhou Arcvideo 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 )
=1256.371+341.127
=1,597.5

Hangzhou Arcvideo 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 )
=1235.898+295.164
=1,531.1

* 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.


Hangzhou Arcvideo Technology Co  (SHSE:688039) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Arcvideo 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 )
=-92.256/( (1597.498+1531.062)/ 2 )
=-92.256/1564.28
=-5.90 %

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.

Hangzhou Arcvideo 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 )
=62.216/( (1597.498+1531.062)/ 2 )
=62.216/1564.28
=0.04

* 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.

Hangzhou Arcvideo Technology Co Total Assets Related Terms

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Hangzhou Arcvideo Technology Co (SHSE:688039) Business Description

Traded in Other Exchanges
N/A
Address
3 Xidoumen Road, Building A, 16th Floor, Building E, Paradise Software Park, Hangzhou, CHN, 310012
Hangzhou Arcvideo Technology Co Ltd is engaged in providing large video and intelligent video solutions and video cloud services. The company offers video transcoding, intelligent portrait recognition, full terminal playback, and low-latency video communication And other core algorithm research and application, in China for radio and television media, Internet video, education, public security, justice, social security, government and other large video industries.
Executives
Tan Ya Directors, senior managers
Jiang Wen Xiang Directors, senior managers

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