Wuhan Lincontrol Automotive Electronics Co (SHSE:688667) Total Assets : ¥2,021 Mil (As of Sep. 2024)

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What is Wuhan Lincontrol Automotive Electronics Co Total Assets?

Wuhan Lincontrol Automotive Electronics Co's Total Assets for the quarter that ended in Sep. 2024 was ¥2,021 Mil.

Warning Sign:

If a company builds assets at 34.2% a year, faster than its revenue growth rate of 16.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Wuhan Lincontrol Automotive Electronics Co's average Total Assets Growth Rate was -5.10% per year. During the past 3 years, the average Total Assets Growth Rate was 30.60% per year. During the past 5 years, the average Total Assets Growth Rate was 34.20% per year.

During the past 7 years, Wuhan Lincontrol Automotive Electronics Co's highest 3-Year average Total Assets Growth Rate was 39.60%. The lowest was 27.70%. And the median was 34.85%.

Total Assets is connected with ROA %. Wuhan Lincontrol Automotive Electronics Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.15%. Total Assets is also linked to Revenue through Asset Turnover. Wuhan Lincontrol Automotive Electronics Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Wuhan Lincontrol Automotive Electronics Co Total Assets Historical Data

The historical data trend for Wuhan Lincontrol Automotive Electronics 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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Wuhan Lincontrol Automotive Electronics Co Total Assets Chart

Wuhan Lincontrol Automotive Electronics Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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640.20

760.05

1,766.62

1,919.46

2,093.89

Wuhan Lincontrol Automotive Electronics Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															2,017.72	2,093.89	2,043.19	1,982.19	2,020.86

Wuhan Lincontrol Automotive Electronics 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.

Wuhan Lincontrol Automotive Electronics 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 )
	=	1591.633	+	502.259
	=	2,094

Wuhan Lincontrol Automotive Electronics Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	1619.725	+	401.136
	=	2,021

Wuhan Lincontrol Automotive Electronics Co (SHSE:688667) Total Assets Explanation

Total Assets is connected with ROA %.

Wuhan Lincontrol Automotive Electronics Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	3.08	/	( (1982.194	+	2020.861)	/ 2 )
	=	3.08	/	2001.5275
	=	0.15 %

Note: The Net Income data used here is four times the quarterly (Sep. 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.

Wuhan Lincontrol Automotive Electronics Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	293.669	/	( (1982.194	+	2020.861)	/ 2 )
=	293.669	/	2001.5275
=	0.15

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.

Wuhan Lincontrol Automotive Electronics Co Total Assets Related Terms

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Wuhan Lincontrol Automotive Electronics Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Wuhan Lincontrol Automotive Electronics Co Ltd (SHSE:688667) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 8 Qingshui Road, Jinyinhu Street, Dongxihu District, Hubei Provinc, Wuhan, CHN, 430048

Website

http://www.whldqc.com

Wuhan Lincontrol Automotive Electronics Co Ltd is engaged in the research and development, production and sales of automobile engine management system, motorcycle engine management system, pure electric vehicle power electronic control system, and hybrid power electronic control systems.

Executives

Wu Zhang Hua	Directors, senior managers
Lian Zhang Zhen	Core technical personnel
Zhou Liang Run	Core technical personnel
Tian Kui	Core technical personnel
Guo Zi Jiang	Core technical personnel
Yu Jun Fa	Directors, senior managers, core technical personn
Chen Wei	senior management

Wuhan Lincontrol Automotive Electronics Co Headlines

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