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Zhejiang Communications Technology Co (SZSE:002061) Total Assets : ¥73,848 Mil (As of Mar. 2025)


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What is Zhejiang Communications Technology Co Total Assets?

Zhejiang Communications Technology Co's Total Assets for the quarter that ended in Mar. 2025 was ¥73,848 Mil.

Warning Sign:

If a company builds assets at 20.2% a year, faster than its revenue growth rate of 4.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Zhejiang Communications Technology Co's average Total Assets Growth Rate was 15.20% per year. During the past 3 years, the average Total Assets Growth Rate was 16.00% per year. During the past 5 years, the average Total Assets Growth Rate was 20.20% per year. During the past 10 years, the average Total Assets Growth Rate was 32.40% per year.

During the past 13 years, Zhejiang Communications Technology Co's highest 3-Year average Total Assets Growth Rate was 103.10%. The lowest was 10.30%. And the median was 18.80%.

Total Assets is connected with ROA %. Zhejiang Communications Technology Co's annualized ROA % for the quarter that ended in Mar. 2025 was 1.16%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Communications Technology Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.11.


Zhejiang Communications Technology Co Total Assets Historical Data

The historical data trend for Zhejiang Communications 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.

Zhejiang Communications Technology Co Total Assets Chart

Zhejiang Communications Technology Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,697.92 52,745.16 58,965.67 69,356.16 78,570.78

Zhejiang Communications Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 64,746.57 68,380.20 72,671.38 78,570.78 73,847.91

Zhejiang Communications 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.

Zhejiang Communications Technology Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=17141.827+61428.949
=78,571

Zhejiang Communications Technology Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=17522.509+56325.4
=73,848

* 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.


Zhejiang Communications Technology Co  (SZSE:002061) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Communications Technology Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=884.876/( (78570.776+73847.909)/ 2 )
=884.876/76209.3425
=1.16 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Zhejiang Communications Technology Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=8171.374/( (78570.776+73847.909)/ 2 )
=8171.374/76209.3425
=0.11

* 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.

Zhejiang Communications Technology Co Total Assets Related Terms

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Zhejiang Communications Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 38 Jingxing East Road, Zheijiang Province, Jiangshan, CHN, 310051
Zhejiang Communications Technology Co Ltd is mainly engaged in the construction of infrastructure projects. The company's business involves five sectors: The transportation infrastructure sector: Urban construction sector: Comprehensive maintenance industry sector: Transportation manufacturing industry sector, and other traffic engineering supporting products.
Executives
Wu Wei Director
Shao Wen Nian Director
Zhang Xu Independent director
Xing Jiang Nan Director
Xu Chun Lin Director
Yan Zi Qian Supervisors
Zhou Min Xia Supervisors

Zhejiang Communications Technology Co Headlines

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