APT Medical (SHSE:688617) Total Assets : ¥2,608 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is APT Medical Total Assets?

APT Medical's Total Assets for the quarter that ended in Mar. 2024 was ¥2,608 Mil.

During the past 12 months, APT Medical's average Total Assets Growth Rate was 24.50% per year. During the past 3 years, the average Total Assets Growth Rate was 37.40% per year. During the past 5 years, the average Total Assets Growth Rate was 37.80% per year.

During the past 7 years, APT Medical's highest 3-Year average Total Assets Growth Rate was 49.80%. The lowest was 30.90%. And the median was 38.75%.

Total Assets is connected with ROA %. APT Medical's annualized ROA % for the quarter that ended in Mar. 2024 was 21.64%. Total Assets is also linked to Revenue through Asset Turnover. APT Medical's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

APT Medical Total Assets Historical Data

The historical data trend for APT Medical'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.

APT Medical Total Assets Chart

APT Medical Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

561.03

596.87

2,013.08

2,225.98

2,572.98

APT Medical 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															2,382.60	2,322.67	2,444.10	2,572.98	2,608.09

APT Medical 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.

APT Medical'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 )
	=	1962.001	+	610.981
	=	2,573

APT Medical'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 )
	=	2103.189	+	504.895
	=	2,608

APT Medical (SHSE:688617) Total Assets Explanation

Total Assets is connected with ROA %.

APT Medical'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 )
	=	560.576	/	( (2572.982	+	2608.085)	/ 2 )
	=	560.576	/	2590.5335
	=	21.64 %

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.

APT Medical'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 )
=	455.327	/	( (2572.982	+	2608.085)	/ 2 )
=	455.327	/	2590.5335
=	0.18

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.

APT Medical Total Assets Related Terms

Thank you for viewing the detailed overview of APT Medical's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

APT Medical (SHSE:688617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » APT Medical Inc (SHSE:688617) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11, Songpingshan Langshan Road, Xili Street, Room 601, Building B, Tongfang Information Port, Songpingshan Community, Nanshan District, Guangdong Province, Shenzhen, CHN, 518000

Website

http://www.aptmed.com

APT Medical Inc is engaged in the research and development, production and sales of electrophysiological and vascular interventional medical devices for cardiovascular and cerebrovascular diseases. Its products are sold in Europe, Eastern Europe, Southeast Asia and other countries and other regions.

Executives

Dai Zhen Hua	Directors, senior managers
Cheng Zheng Hui	Directors, senior managers
Zhang Yong	Core technical personnel
Liu Fang Yuan	senior management
Wang Wei	senior management
	Senior management, core technical personnel
Xu Yi Qing	Directors, senior managers
Han Yong Gui	Senior management, core technical personnel

APT Medical (SHSE:688617) Headlines

No Headlines