Wuxi Delinhai Environmental Technology Co (SHSE:688069) Total Assets : ¥1,709.8 Mil (As of Jun. 2024)

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What is Wuxi Delinhai Environmental Technology Co Total Assets?

Wuxi Delinhai Environmental Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,709.8 Mil.

Warning Sign:

If a company builds assets at 37.6% a year, faster than its revenue growth rate of 3.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Wuxi Delinhai Environmental Technology Co's average Total Assets Growth Rate was 12.60% per year. During the past 3 years, the average Total Assets Growth Rate was 10.80% per year. During the past 5 years, the average Total Assets Growth Rate was 37.60% per year.

During the past 8 years, Wuxi Delinhai Environmental Technology Co's highest 3-Year average Total Assets Growth Rate was 70.50%. The lowest was 10.80%. And the median was 59.80%.

Total Assets is connected with ROA %. Wuxi Delinhai Environmental Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 was 6.52%. Total Assets is also linked to Revenue through Asset Turnover. Wuxi Delinhai Environmental Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.10.

Wuxi Delinhai Environmental Technology Co Total Assets Historical Data

The historical data trend for Wuxi Delinhai Environmental 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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Wuxi Delinhai Environmental Technology Co Total Assets Chart

Wuxi Delinhai Environmental Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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446.83

1,640.83

1,838.62

1,784.04

1,682.65

Wuxi Delinhai Environmental Technology Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															1,658.87	1,679.57	1,682.65	1,685.12	1,709.80

Wuxi Delinhai Environmental 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.

Wuxi Delinhai Environmental 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 )
	=	1430.08	+	252.568
	=	1,682.6

Wuxi Delinhai Environmental Technology 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 )
	=	1385.966	+	323.837
	=	1,709.8

Wuxi Delinhai Environmental Technology Co (SHSE:688069) Total Assets Explanation

Total Assets is connected with ROA %.

Wuxi Delinhai Environmental Technology 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 )
	=	110.604	/	( (1685.118	+	1709.803)	/ 2 )
	=	110.604	/	1697.4605
	=	6.52 %

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.

Wuxi Delinhai Environmental Technology 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 )
=	167.109	/	( (1685.118	+	1709.803)	/ 2 )
=	167.109	/	1697.4605
=	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.

Wuxi Delinhai Environmental Technology Co Total Assets Related Terms

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Wuxi Delinhai Environmental Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi Delinhai Environmental Technology Co Ltd (SHSE:688069) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 88 Meiliang Road, Binhu District, Jiangsu Province, Wuxi, CHN, 214092

Website

http://www.wxdlh.com

Wuxi Delinhai Environmental Technology Co Ltd is engaged in provision of emergency treatment of cyanobacteria blooms in lakes and reservoirs, and prevention and control of cyanobacteria blooms. The company develops, sells and integrates cyanobacteria in accordance with the government's dual public demand for lake and reservoir cyanobacteria control provides operation and maintenance technology equipment and professional operation and maintenance services for algae water separation station and other cyanobacteria treatment technology equipment.

Executives

Hu Hang Yu	Supervisors
Sun Yang	Director, core technical staff
Ma Jian Hua	Directors, senior managers
Hu Ming Ming	Directors, senior managers, core technical personn
Ding Xi Qing	senior management

Wuxi Delinhai Environmental Technology Co Headlines

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