Beijing Abt Networks Co (SHSE:688168) Total Assets : ¥1,518.0 Mil (As of Sep. 2024)

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What is Beijing Abt Networks Co Total Assets?

Beijing Abt Networks Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,518.0 Mil.

Warning Sign:

If a company builds assets at 42.6% a year, faster than its revenue growth rate of 15.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing Abt Networks Co's average Total Assets Growth Rate was 26.00% per year. During the past 3 years, the average Total Assets Growth Rate was 48.50% per year. During the past 5 years, the average Total Assets Growth Rate was 42.60% per year.

During the past 7 years, Beijing Abt Networks Co's highest 3-Year average Total Assets Growth Rate was 50.80%. The lowest was 35.10%. And the median was 42.10%.

Total Assets is connected with ROA %. Beijing Abt Networks Co's annualized ROA % for the quarter that ended in Sep. 2024 was -5.20%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Abt Networks Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Beijing Abt Networks Co Total Assets Historical Data

The historical data trend for Beijing Abt Networks 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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Beijing Abt Networks Co Total Assets Chart

Beijing Abt Networks Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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311.63

1,065.00

1,153.80

1,237.11

1,438.40

Beijing Abt Networks 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															1,417.88	1,618.19	1,634.46	1,591.53	1,518.04

Beijing Abt Networks 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.

Beijing Abt Networks Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	1206.563	+	231.834
	=	1,438.4

Beijing Abt Networks 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 )
	=	1155.372	+	362.668
	=	1,518.0

Beijing Abt Networks Co (SHSE:688168) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Abt Networks 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 )
	=	-80.904	/	( (1591.529	+	1518.04)	/ 2 )
	=	-80.904	/	1554.7845
	=	-5.20 %

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.

Beijing Abt Networks 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 )
=	106.086	/	( (1591.529	+	1518.04)	/ 2 )
=	106.086	/	1554.7845
=	0.07

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.

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Beijing Abt Networks Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beijing Abt Networks Co Ltd (SHSE:688168) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3, Dongbinhe Road, Room C0310, Building 6, Deshengmen, Xicheng District, Beijing, CHN, 100053

Website

http://www.abtnetworks.com

Beijing Abt Networks Co Ltd is engaged in the research, development, sales and related technical services for network security core software products.

Executives

Li Yuan	Director
Su Zhang Jun	Directors, senior managers

Beijing Abt Networks Co Headlines

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