Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Total Assets : ¥1,987.7 Mil (As of Mar. 2024)

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What is Changzhou Galaxy Century Microelectronics Co Total Assets?

Changzhou Galaxy Century Microelectronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,987.7 Mil.

During the past 12 months, Changzhou Galaxy Century Microelectronics Co's average Total Assets Growth Rate was 17.60% per year. During the past 3 years, the average Total Assets Growth Rate was 18.30% per year. During the past 5 years, the average Total Assets Growth Rate was 15.20% per year.

During the past 10 years, Changzhou Galaxy Century Microelectronics Co's highest 3-Year average Total Assets Growth Rate was 19.90%. The lowest was 1.20%. And the median was 4.40%.

Total Assets is connected with ROA %. Changzhou Galaxy Century Microelectronics Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.48%. Total Assets is also linked to Revenue through Asset Turnover. Changzhou Galaxy Century Microelectronics Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

Changzhou Galaxy Century Microelectronics Co Total Assets Historical Data

The historical data trend for Changzhou Galaxy Century Microelectronics 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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Changzhou Galaxy Century Microelectronics Co Total Assets Chart

Changzhou Galaxy Century Microelectronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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699.44

813.58

1,390.43

1,903.59

1,990.28

Changzhou Galaxy Century Microelectronics Co Quarterly Data
	Mar19	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															1,865.11	1,902.13	1,969.13	1,990.28	1,987.67

Changzhou Galaxy Century Microelectronics 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.

Changzhou Galaxy Century Microelectronics 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 )
	=	1321.471	+	668.812
	=	1,990.3

Changzhou Galaxy Century Microelectronics 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 )
	=	1334.628	+	653.038
	=	1,987.7

Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Total Assets Explanation

Total Assets is connected with ROA %.

Changzhou Galaxy Century Microelectronics 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 )
	=	69.264	/	( (1990.283	+	1987.666)	/ 2 )
	=	69.264	/	1988.9745
	=	3.48 %

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.

Changzhou Galaxy Century Microelectronics 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 )
=	194.813	/	( (1990.283	+	1987.666)	/ 2 )
=	194.813	/	1988.9745
=	0.10

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.

Changzhou Galaxy Century Microelectronics Co Total Assets Related Terms

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Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Changzhou Galaxy Century Microelectronics Co Ltd (SHSE:688689) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

19 Changjiang North Road, Xinbei District, Jiangsu Province, Changzhou, CHN, 213022

Website

https://www.gmesemi.com

Changzhou Galaxy Century Microelectronics Co Ltd is primarily involved in the research and design, chip manufacturing, packaging and testing, sales and technical services for diode, triode, bridge rectifier and other semiconductor discrete devices. The company's products have been widely used in household appliances, power and chargers, green lighting, network and communications, automotive electronics, smart meters and instruments.

Executives

Jia Dong Qing

Core technical personnel

Changzhou Galaxy Century Microelectronics Co (SHSE:688689) Headlines

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