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GCL Energy Technology Co (SZSE:002015) Total Assets : ¥41,222 Mil (As of Sep. 2024)


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What is GCL Energy Technology Co Total Assets?

GCL Energy Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥41,222 Mil.

During the past 12 months, GCL Energy Technology Co's average Total Assets Growth Rate was 50.10% per year. During the past 3 years, the average Total Assets Growth Rate was 2.50% per year. During the past 5 years, the average Total Assets Growth Rate was 9.40% per year. During the past 10 years, the average Total Assets Growth Rate was 68.50% per year.

During the past 13 years, GCL Energy Technology Co's highest 3-Year average Total Assets Growth Rate was 361.70%. The lowest was -53.10%. And the median was 23.60%.

Total Assets is connected with ROA %. GCL Energy Technology Co's annualized ROA % for the quarter that ended in Sep. 2024 was 1.94%. Total Assets is also linked to Revenue through Asset Turnover. GCL Energy Technology Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.


GCL Energy Technology Co Total Assets Historical Data

The historical data trend for GCL Energy 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.

GCL Energy Technology Co Total Assets Chart

GCL Energy Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,082.00 29,691.35 27,630.22 32,363.98 31,893.10

GCL Energy Technology 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 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 28,481.50 31,893.10 36,227.45 39,196.76 41,222.27

GCL Energy 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.

GCL Energy 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 )
=12865.668+19027.434
=31,893

GCL Energy Technology 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 )
=13904.487+27317.781
=41,222

* 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.


GCL Energy Technology Co  (SZSE:002015) Total Assets Explanation

Total Assets is connected with ROA %.

GCL Energy Technology 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 )
=780.588/( (39196.762+41222.268)/ 2 )
=780.588/40209.515
=1.94 %

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.

GCL Energy Technology 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 )
=2848.902/( (39196.762+41222.268)/ 2 )
=2848.902/40209.515
=0.07

* 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.

GCL Energy Technology Co Total Assets Related Terms

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GCL Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Mazhen East Street, Xuxiake Town, Jiangsu Province, Jiangyin, CHN, 215000
GCL Energy Technology Co Ltd is a mobile energy service provider in China. The group focuses on three major businesses namely integrated solutions for battery swapping stations, battery swapping station operation and energy services, and battery cascade utilization to create an efficient, economical and green travel ecology.
Executives
Chu Jian Jian Director
Deng Bing Directors, executives
Chen Jian Zhong Directors, executives
Wu Yu Xing Executives
Sun Yin Long Director
Fan Wen Hua Supervisors

GCL Energy Technology Co Headlines

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