Luster LightTech Co (SHSE:688400) Total Assets : ¥4,929 Mil (As of Mar. 2024)

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What is Luster LightTech Co Total Assets?

Luster LightTech Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,929 Mil.

During the past 12 months, Luster LightTech Co's average Total Assets Growth Rate was 6.90% per year. During the past 3 years, the average Total Assets Growth Rate was 26.60% per year. During the past 5 years, the average Total Assets Growth Rate was 25.10% per year.

During the past 6 years, Luster LightTech Co's highest 3-Year average Total Assets Growth Rate was 36.30%. The lowest was 21.50%. And the median was 26.60%.

Total Assets is connected with ROA %. Luster LightTech Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.53%. Total Assets is also linked to Revenue through Asset Turnover. Luster LightTech Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Luster LightTech Co Total Assets Historical Data

The historical data trend for Luster LightTech 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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Luster LightTech Co Total Assets Chart

Luster LightTech Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,535.75

2,110.58

2,600.32

5,014.16

5,085.20

Luster LightTech Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											4,842.11	4,854.47	4,987.54	5,085.20	4,928.52

Luster LightTech 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.

Luster LightTech 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 )
	=	3967.161	+	1118.034
	=	5,085

Luster LightTech Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	3899.463	+	1029.06
	=	4,929

Luster LightTech Co (SHSE:688400) Total Assets Explanation

Total Assets is connected with ROA %.

Luster LightTech Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-26.7	/	( (5085.195	+	4928.523)	/ 2 )
	=	-26.7	/	5006.859
	=	-0.53 %

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

Luster LightTech Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	443.427	/	( (5085.195	+	4928.523)	/ 2 )
=	443.427	/	5006.859
=	0.09

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.

Luster LightTech Co Total Assets Related Terms

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Luster LightTech Co (SHSE:688400) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Luster LightTech Co Ltd (SHSE:688400) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

Cuihu South Ring Road, Room 701, 7th Floor, Building 7, Yard 13, Haidian District, Beijing, CHN, 100094

Website

https://www.lusterinc.com

Luster LightTech Co Ltd is based on optical technology innovation, develops business around machine vision and fiber optics, and is committed to becoming a global leader in the field of visual artificial intelligence and optoelectronic information.

Executives

Yin Yong Qiang	senior management
Wang Wen Tao	Directors, senior managers

Luster LightTech Co (SHSE:688400) Headlines

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