Suzhou Everbright Photonics Co (SHSE:688048) Total Assets : ¥3,364.1 Mil (As of Jun. 2024)

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What is Suzhou Everbright Photonics Co Total Assets?

Suzhou Everbright Photonics Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,364.1 Mil.

Warning Sign:

If a company builds assets at 58.2% a year, faster than its revenue growth rate of 13.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Suzhou Everbright Photonics Co's average Total Assets Growth Rate was 19.30% per year. During the past 3 years, the average Total Assets Growth Rate was 44.40% per year. During the past 5 years, the average Total Assets Growth Rate was 58.20% per year.

During the past 6 years, Suzhou Everbright Photonics Co's highest 3-Year average Total Assets Growth Rate was 66.20%. The lowest was 44.40%. And the median was 64.60%.

Total Assets is connected with ROA %. Suzhou Everbright Photonics Co's annualized ROA % for the quarter that ended in Jun. 2024 was -2.71%. Total Assets is also linked to Revenue through Asset Turnover. Suzhou Everbright Photonics Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.

Suzhou Everbright Photonics Co Total Assets Historical Data

The historical data trend for Suzhou Everbright Photonics 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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Suzhou Everbright Photonics Co Total Assets Chart

Suzhou Everbright Photonics Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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499.21

748.09

983.36

3,496.01

3,415.87

Suzhou Everbright Photonics Co Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial														3,444.49	3,443.78	3,415.87	3,431.92	3,364.11

Suzhou Everbright Photonics 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.

Suzhou Everbright Photonics 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 )
	=	3109.591	+	306.276
	=	3,415.9

Suzhou Everbright Photonics Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	3037.602	+	326.506
	=	3,364.1

Suzhou Everbright Photonics Co (SHSE:688048) Total Assets Explanation

Total Assets is connected with ROA %.

Suzhou Everbright Photonics Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-92.12	/	( (3431.918	+	3364.108)	/ 2 )
	=	-92.12	/	3398.013
	=	-2.71 %

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

Suzhou Everbright Photonics Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	74.873	/	( (3431.918	+	3364.108)	/ 2 )
=	74.873	/	3398.013
=	0.02

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.

Suzhou Everbright Photonics Co Total Assets Related Terms

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Suzhou Everbright Photonics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Suzhou Everbright Photonics Co Ltd (SHSE:688048) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 189 Kunlunshan Road, Suzhou High-tech Zone, No. 2 Factory-1-102, No. 2 Factory-2-203, Zone A, Industrial Square, Science and Technology City, Suzhou, CHN, 215163

Website

http://www.everbrightphotonics.com

Suzhou Everbright Photonics Co Ltd is engaged in the research and development, manufacturing and sales of core components in the laser industry such as semiconductor laser chips, devices and modules.

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