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Sunwave Communications Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,448 Mil.
During the past 12 months, Sunwave Communications Co's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was -2.80% per year. During the past 5 years, the average Total Assets Growth Rate was -3.60% per year. During the past 10 years, the average Total Assets Growth Rate was 8.80% per year.
During the past 13 years, Sunwave Communications Co's highest 3-Year average Total Assets Growth Rate was 64.50%. The lowest was -7.80%. And the median was 17.00%.
Total Assets is connected with ROA %. Sunwave Communications Co's annualized ROA % for the quarter that ended in Sep. 2024 was -2.52%. Total Assets is also linked to Revenue through Asset Turnover. Sunwave Communications Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.59.
The historical data trend for Sunwave Communications 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.
Sunwave Communications Co Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Total Assets | Get a 7-Day Free Trial | 4,631.37 | 4,655.79 | 4,372.44 | 4,568.36 | 4,383.08 |
Sunwave Communications 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 | 4,705.01 | 4,383.08 | 4,424.31 | 4,466.42 | 4,448.19 |
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.
Sunwave Communications 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 ) |
= | 2459.088 | + | 1923.994 | |
= | 4,383 |
Sunwave Communications 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 ) |
= | 2440.892 | + | 2007.296 | |
= | 4,448 |
* 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.
Sunwave Communications Co (SZSE:002115) Total Assets Explanation
Total Assets is connected with ROA %.
Sunwave Communications 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 ) |
= | -112.304 | / | ( (4466.421 | + | 4448.187) | / 2 ) | |
= | -112.304 | / | 4457.304 | ||||
= | -2.52 % |
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.
Sunwave Communications 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 ) |
= | 2648.596 | / | ( (4466.421 | + | 4448.187) | / 2 ) |
= | 2648.596 | / | 4457.304 | |||
= | 0.59 |
* 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.
Thank you for viewing the detailed overview of Sunwave Communications Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Li Yue Lun | Directors, executives | |
Zheng Jian Bo | Director | |
Li Wei Yi | Supervisors | |
Zhang Jian Zhou | Executives | |
Li Guan Xiong | Securities Affairs Representative | |
Li Jun | Director | |
Wu Zhi Jian | Executives | |
Li Gang | Directors, executives | |
Hong Ge | Executives | |
Lu Yuan Ji | Director | |
Wang Ping | Directors, executives | |
Zhou Yin | Executives | |
Cao Yong Fu | Supervisors | |
Zhou Mei Fei | Director | |
Jin Li | Executives |
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