VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Total Assets : ¥4,351 Mil (As of Mar. 2024)

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What is VeriSilicon Microelectronics Shanghai Co Total Assets?

VeriSilicon Microelectronics Shanghai Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,351 Mil.

During the past 12 months, VeriSilicon Microelectronics Shanghai Co's average Total Assets Growth Rate was -3.90% per year. During the past 3 years, the average Total Assets Growth Rate was 35.70% per year. During the past 5 years, the average Total Assets Growth Rate was 35.10% per year.

During the past 8 years, VeriSilicon Microelectronics Shanghai Co's highest 3-Year average Total Assets Growth Rate was 52.10%. The lowest was 6.60%. And the median was 29.90%.

Total Assets is connected with ROA %. VeriSilicon Microelectronics Shanghai Co's annualized ROA % for the quarter that ended in Mar. 2024 was -18.91%. Total Assets is also linked to Revenue through Asset Turnover. VeriSilicon Microelectronics Shanghai Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

VeriSilicon Microelectronics Shanghai Co Total Assets Historical Data

The historical data trend for VeriSilicon Microelectronics Shanghai 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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VeriSilicon Microelectronics Shanghai Co Total Assets Chart

VeriSilicon Microelectronics Shanghai Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,498.78

3,225.95

3,858.27

4,426.16

4,406.38

VeriSilicon Microelectronics Shanghai Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															4,266.32	4,588.32	4,601.80	4,406.38	4,350.56

VeriSilicon Microelectronics Shanghai 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.

VeriSilicon Microelectronics Shanghai 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 )
	=	2700.294	+	1706.087
	=	4,406

VeriSilicon Microelectronics Shanghai 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 )
	=	2493.525	+	1857.031
	=	4,351

VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Total Assets Explanation

Total Assets is connected with ROA %.

VeriSilicon Microelectronics Shanghai 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 )
	=	-827.936	/	( (4406.381	+	4350.555)	/ 2 )
	=	-827.936	/	4378.468
	=	-18.91 %

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.

VeriSilicon Microelectronics Shanghai 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 )
=	318.133	/	( (4406.381	+	4350.555)	/ 2 )
=	318.133	/	4378.468
=	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.

VeriSilicon Microelectronics Shanghai Co Total Assets Related Terms

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VeriSilicon Microelectronics Shanghai Co (SHSE:688521) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » VeriSilicon Microelectronics Shanghai Co Ltd (SHSE:688521) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.289, Chunxiao Road, 20A, Zhangjiang Building, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201203

Website

http://www.verisilicon.com

VeriSilicon Microelectronics Shanghai Co Ltd provides its customers with platform-based, all-round, one-stop custom silicon services and semiconductor IP licensing services leveraging its in-house semiconductor IP. The company provides a variety of customized silicon solutions, including high-definition video, high-definition audio and voice, In-Vehicle Infotainment, video surveillance, IoT connectivity, data center. In addition, VeriSilicon has five types of in-house processor IPs, namely GPU IP, NPU IP, VPU, DSP IP and ISP IP, and more than 1,400 analog and mixed signal IPs and RF IPs.

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