Cambricon Technologies (SHSE:688256) Total Assets : ¥6,581.3 Mil (As of Sep. 2023)

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What is Cambricon Technologies Total Assets?

Cambricon Technologies's Total Assets for the quarter that ended in Sep. 2023 was ¥6,581.3 Mil.

During the past 12 months, Cambricon Technologies's average Total Assets Growth Rate was 29.80% per year. During the past 3 years, the average Total Assets Growth Rate was -8.30% per year. During the past 5 years, the average Total Assets Growth Rate was 49.10% per year.

During the past 6 years, Cambricon Technologies's highest 3-Year average Total Assets Growth Rate was 101.90%. The lowest was -8.30%. And the median was 34.10%.

Total Assets is connected with ROA %. Cambricon Technologies's annualized ROA % for the quarter that ended in Sep. 2023 was -15.92%. Total Assets is also linked to Revenue through Asset Turnover. Cambricon Technologies's Asset Turnover for the quarter that ended in Sep. 2023 was 0.00.

Cambricon Technologies Total Assets Historical Data

The historical data trend for Cambricon Technologies'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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Cambricon Technologies Total Assets Chart

Cambricon Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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3,041.45

4,668.47

7,403.19

6,989.15

5,770.42

Cambricon Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															6,008.01	5,770.42	5,308.21	6,633.20	6,581.32

Cambricon Technologies 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.

Cambricon Technologies'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 )
	=	4939.82	+	830.6
	=	5,770.4

Cambricon Technologies's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	5880.293	+	701.027
	=	6,581.3

Cambricon Technologies (SHSE:688256) Total Assets Explanation

Total Assets is connected with ROA %.

Cambricon Technologies's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-1051.62	/	( (6633.204	+	6581.321)	/ 2 )
	=	-1051.62	/	6607.2625
	=	-15.92 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Cambricon Technologies's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	31.343	/	( (6633.204	+	6581.321)	/ 2 )
=	31.343	/	6607.2625
=	0.00

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.

Cambricon Technologies Total Assets Related Terms

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Cambricon Technologies (SHSE:688256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Cambricon Technologies Corp Ltd (SHSE:688256) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 7 Zhichun Road, 11th, 14th, 16th floors, Block D, Zhizheng Building, Haidian District, Beijing, CHN, 100191

Website

http://www.cambricon.com

Cambricon Technologies Corp Ltd is engaged in design and sales of artificial intelligence core chips in various cloud servers, edge computing equipment, and terminal equipment provide customers with rich chip products and system software solutions.

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