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Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Total Assets : ¥2,513.7 Mil (As of Mar. 2024)


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What is Circuit Fabology Microelectronics Equipment Co Total Assets?

Circuit Fabology Microelectronics Equipment Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,513.7 Mil.

During the past 12 months, Circuit Fabology Microelectronics Equipment Co's average Total Assets Growth Rate was 27.90% per year. During the past 3 years, the average Total Assets Growth Rate was 41.30% per year. During the past 5 years, the average Total Assets Growth Rate was 59.30% per year.

During the past 7 years, Circuit Fabology Microelectronics Equipment Co's highest 3-Year average Total Assets Growth Rate was 79.70%. The lowest was 41.30%. And the median was 67.90%.

Total Assets is connected with ROA %. Circuit Fabology Microelectronics Equipment Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.37%. Total Assets is also linked to Revenue through Asset Turnover. Circuit Fabology Microelectronics Equipment Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.


Circuit Fabology Microelectronics Equipment Co Total Assets Historical Data

The historical data trend for Circuit Fabology Microelectronics Equipment 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.

Circuit Fabology Microelectronics Equipment Co Total Assets Chart

Circuit Fabology Microelectronics Equipment Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 467.99 622.81 1,263.57 1,546.66 2,480.47

Circuit Fabology Microelectronics Equipment Co Quarterly Data
Dec18 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 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 1,522.47 1,512.58 2,347.97 2,480.47 2,513.71

Circuit Fabology Microelectronics Equipment 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.

Circuit Fabology Microelectronics Equipment 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 )
=2031.69+448.783
=2,480.5

Circuit Fabology Microelectronics Equipment 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 )
=2044.166+469.541
=2,513.7

* 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.


Circuit Fabology Microelectronics Equipment Co  (SHSE:688630) Total Assets Explanation

Total Assets is connected with ROA %.

Circuit Fabology Microelectronics Equipment 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 )
=159.04/( (2480.473+2513.707)/ 2 )
=159.04/2497.09
=6.37 %

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.

Circuit Fabology Microelectronics Equipment 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 )
=198.054/( (2480.473+2513.707)/ 2 )
=198.054/2497.09
=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.

Circuit Fabology Microelectronics Equipment Co Total Assets Related Terms

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Circuit Fabology Microelectronics Equipment Co (SHSE:688630) Business Description

Traded in Other Exchanges
N/A
Address
2800 Chuangxin Avenue, Phase II, Innovation Industrial Park, 11th Floor, Building F3, High-tech Zone, Anhui Province, Hefei, CHN, 230088
Circuit Fabology Microelectronics Equipment Co Ltd specializes in micro-nano direct writing, research and development and production of direct imaging equipment and direct-write lithography equipment with lithography as the core technology. The main products and services include printed circuit board direct imaging equipment and automatic line systems, pan-semiconductor direct writing lithography equipment and automatic line systems, and other laser direct imaging equipment.
Executives
He Shao Feng Core technical personnel
Fang Lin Directors, senior managers, core technical personn

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