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MayAir Technology (China) Co (SHSE:688376) Total Assets : ¥4,128 Mil (As of Mar. 2025)


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What is MayAir Technology (China) Co Total Assets?

MayAir Technology (China) Co's Total Assets for the quarter that ended in Mar. 2025 was ¥4,128 Mil.

Warning Sign:

If a company builds assets at 23.5% a year, faster than its revenue growth rate of 9.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, MayAir Technology (China) Co's average Total Assets Growth Rate was 51.30% per year. During the past 3 years, the average Total Assets Growth Rate was 33.50% per year. During the past 5 years, the average Total Assets Growth Rate was 23.50% per year.

During the past 8 years, MayAir Technology (China) Co's highest 3-Year average Total Assets Growth Rate was 33.50%. The lowest was 8.50%. And the median was 15.30%.

Total Assets is connected with ROA %. MayAir Technology (China) Co's annualized ROA % for the quarter that ended in Mar. 2025 was 4.28%. Total Assets is also linked to Revenue through Asset Turnover. MayAir Technology (China) Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.08.


MayAir Technology (China) Co Total Assets Historical Data

The historical data trend for MayAir Technology (China) 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.

* Premium members only.

MayAir Technology (China) Co Total Assets Chart

MayAir Technology (China) Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 1,160.34 1,263.49 2,532.13 2,990.46 3,698.70

MayAir Technology (China) Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,935.78 3,077.63 3,321.35 3,698.70 4,128.27

MayAir Technology (China) 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.

MayAir Technology (China) Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1804.045+1894.651
=3,699

MayAir Technology (China) Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=1965.287+2162.981
=4,128

* 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.


MayAir Technology (China) Co  (SHSE:688376) Total Assets Explanation

Total Assets is connected with ROA %.

MayAir Technology (China) Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=167.684/( (3698.696+4128.269)/ 2 )
=167.684/3913.4825
=4.28 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

MayAir Technology (China) Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=317.034/( (3698.696+4128.269)/ 2 )
=317.034/3913.4825
=0.08

* 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.

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.

MayAir Technology (China) Co Total Assets Related Terms

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MayAir Technology (China) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 101 Lanxia Road, Moling Street, Jiangning District, Jiangsu Province, Nanjing, CHN, 211111
MayAir Technology (China) Co Ltd is engaged in the research and development, production and sales of air purification products and atmospheric environment treatment products.

MayAir Technology (China) Co Headlines

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