Shanghai BOCHU Electronic Technology (SHSE:688188) Total Assets : ¥5,698 Mil (As of Sep. 2024)

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What is Shanghai BOCHU Electronic Technology Total Assets?

Shanghai BOCHU Electronic Technology's Total Assets for the quarter that ended in Sep. 2024 was ¥5,698 Mil.

Warning Sign:

If a company builds assets at 65.4% a year, faster than its revenue growth rate of 31% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shanghai BOCHU Electronic Technology's average Total Assets Growth Rate was 29.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.70% per year. During the past 5 years, the average Total Assets Growth Rate was 65.40% per year.

During the past 8 years, Shanghai BOCHU Electronic Technology's highest 3-Year average Total Assets Growth Rate was 123.60%. The lowest was 16.70%. And the median was 33.00%.

Total Assets is connected with ROA %. Shanghai BOCHU Electronic Technology's annualized ROA % for the quarter that ended in Sep. 2024 was 16.84%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai BOCHU Electronic Technology's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Shanghai BOCHU Electronic Technology Total Assets Historical Data

The historical data trend for Shanghai BOCHU Electronic Technology'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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Shanghai BOCHU Electronic Technology Total Assets Chart

Shanghai BOCHU Electronic Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,220.72

2,616.67

3,148.60

4,504.81

5,334.79

Shanghai BOCHU Electronic Technology 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															5,027.67	5,334.79	5,492.34	5,445.29	5,697.77

Shanghai BOCHU Electronic Technology 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.

Shanghai BOCHU Electronic Technology'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 )
	=	5018.651	+	316.14
	=	5,335

Shanghai BOCHU Electronic Technology'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 )
	=	5331.483	+	366.29
	=	5,698

Shanghai BOCHU Electronic Technology (SHSE:688188) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai BOCHU Electronic Technology'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 )
	=	938.26	/	( (5445.288	+	5697.773)	/ 2 )
	=	938.26	/	5571.5305
	=	16.84 %

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.

Shanghai BOCHU Electronic Technology'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 )
=	417.204	/	( (5445.288	+	5697.773)	/ 2 )
=	417.204	/	5571.5305
=	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.

Shanghai BOCHU Electronic Technology Total Assets Related Terms

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Shanghai BOCHU Electronic Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shanghai BOCHU Electronic Technology Corp Ltd (SHSE:688188) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1000, Lanxiang South Road, Minhang District, Shanghai, CHN, 200240

Website

https://www.bochu.com

Shanghai BOCHU Electronic Technology Corp Ltd is engaged in Research & Development, production and sales of laser cutting control systems.

Executives

Xu Jun	Director
Hu Jia	Directors, senior managers
Zhou Xing	senior management
Han Dong Lei	senior management
Yang Xiao	Core technical personnel
Yun Xiao Yuan	Core technical personnel

Shanghai BOCHU Electronic Technology Headlines

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