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China Post Technology Co (SHSE:688648) Total Assets : ¥2,606 Mil (As of Mar. 2024)


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What is China Post Technology Co Total Assets?

China Post Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,606 Mil.

During the past 3 years, the average Total Assets Growth Rate was -2.10% per year.

During the past 5 years, China Post Technology Co's highest 3-Year average Total Assets Growth Rate was 18.90%. The lowest was -2.10%. And the median was 8.40%.

Total Assets is connected with ROA %. China Post Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -2.92%. Total Assets is also linked to Revenue through Asset Turnover. China Post Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

China Post Technology Co Total Assets Historical Data

The historical data trend for China Post Technology 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.

China Post Technology Co Total Assets Chart

China Post Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
1,554.04 2,837.24 2,746.58 2,812.10 2,816.40

China Post Technology Co Quarterly Data
Dec19 Dec20 Dec21 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 - 2,327.79 2,487.50 2,816.40 2,605.93

China Post Technology 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.

China Post Technology 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 )
=1725.707+1090.695
=2,816

China Post Technology 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 )
=1706.827+899.099
=2,606

* 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.

China Post Technology Co  (SHSE:688648) Total Assets Explanation

Total Assets is connected with ROA %.

China Post Technology 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 )
=-79.28/( (2816.402+2605.926)/ 2 )
=-79.28/2711.164
=-2.92 %

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.

China Post Technology 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 )
=208.488/( (2816.402+2605.926)/ 2 )
=208.488/2711.164
=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.

China Post Technology Co Total Assets Related Terms

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China Post Technology Co (SHSE:688648) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Post Technology Co Ltd (SHSE:688648) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 3185, Zhongshan North Road, Putuo, Shanghai, CHN, 200062
Website
https://www.cpte.com
China Post Technology Co Ltd is engaged in the Research and development, design, production, and sales of intelligent logistics systems, as well as the transformation, design, and sales of intelligent special vehicles.

China Post Technology Co (SHSE:688648) Headlines

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