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Gstarsoft Co (SHSE:688657) Total Assets : ¥1,468.5 Mil (As of Mar. 2024)


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What is Gstarsoft Co Total Assets?

Gstarsoft Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,468.5 Mil.

During the past 3 years, the average Total Assets Growth Rate was 14.90% per year. During the past 5 years, the average Total Assets Growth Rate was 13.10% per year.

During the past 9 years, Gstarsoft Co's highest 3-Year average Total Assets Growth Rate was 19.30%. The lowest was -3.20%. And the median was 8.35%.

Total Assets is connected with ROA %. Gstarsoft Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.63%. Total Assets is also linked to Revenue through Asset Turnover. Gstarsoft Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.


Gstarsoft Co Total Assets Historical Data

The historical data trend for Gstarsoft 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.

Gstarsoft Co Total Assets Chart

Gstarsoft Co Annual Data
Trend Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only 193.83 243.96 296.86 355.54 1,491.63

Gstarsoft Co Quarterly Data
Dec12 Dec13 Jun14 Dec14 Jun15 Dec18 Dec19 Dec20 Mar21 Jun21 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 - 382.01 1,473.97 1,491.63 1,468.50

Gstarsoft 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.

Gstarsoft 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 )
=1405.902+85.724
=1,491.6

Gstarsoft 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 )
=1413.421+55.079
=1,468.5

* 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.


Gstarsoft Co  (SHSE:688657) Total Assets Explanation

Total Assets is connected with ROA %.

Gstarsoft 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 )
=24.104/( (1491.627+1468.5)/ 2 )
=24.104/1480.0635
=1.63 %

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.

Gstarsoft 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 )
=56.253/( (1491.627+1468.5)/ 2 )
=56.253/1480.0635
=0.04

* 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.

Gstarsoft Co Total Assets Related Terms

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Gstarsoft Co (SHSE:688657) Business Description

Traded in Other Exchanges
N/A
Address
No. 286, Dongping Street, Suzhou Industrial Park, Jiangsu, Suzhou, CHN, 215123
Gstarsoft Co Ltd Is engaged in research & development, promotion and sales of CAD-related software. It provides users with Haochen CAD, Haochen 3D, Products such as Haochen CAD Viewer and related services surrounding the aforementioned products.
Executives
Lu Xiang Directors, senior managers, core technical personn
Li Zhang Chun Core technical personnel
Wang Wei Core technical personnel
Li Ming Jin Core technical personnel
Wu Hai Long Core technical personnel
Liang Jiang Directors, senior managers, core technical personn
Yu Huai Gu senior management
Deng Li Qun Senior management, core technical personnel
Huang Mei Yu senior management
Ding Guo Yun senior management
Liang Hai Xia senior management
Hu Li Xin Director
Pan Li Directors, senior managers, core technical personn

Gstarsoft Co (SHSE:688657) Headlines

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