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Shenzhen Success Electronics Co (SZSE:002289) Total Assets : ¥321.7 Mil (As of Sep. 2024)


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What is Shenzhen Success Electronics Co Total Assets?

Shenzhen Success Electronics Co's Total Assets for the quarter that ended in Sep. 2024 was ¥321.7 Mil.

During the past 12 months, Shenzhen Success Electronics Co's average Total Assets Growth Rate was 33.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.90% per year. During the past 5 years, the average Total Assets Growth Rate was -14.90% per year. During the past 10 years, the average Total Assets Growth Rate was -27.60% per year.

During the past 13 years, Shenzhen Success Electronics Co's highest 3-Year average Total Assets Growth Rate was 75.90%. The lowest was -43.30%. And the median was 3.90%.

Total Assets is connected with ROA %. Shenzhen Success Electronics Co's annualized ROA % for the quarter that ended in Sep. 2024 was -8.67%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Success Electronics Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.13.


Shenzhen Success Electronics Co Total Assets Historical Data

The historical data trend for Shenzhen Success 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.

* Premium members only.

Shenzhen Success Electronics Co Total Assets Chart

Shenzhen Success Electronics 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 411.62 385.86 359.91 290.07 316.23

Shenzhen Success 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 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 323.01 316.23 336.22 340.63 321.70

Shenzhen Success 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.

Shenzhen Success 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 )
=247.925+68.304
=316.2

Shenzhen Success 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 )
=248.094+73.602
=321.7

* 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.


Shenzhen Success Electronics Co  (SZSE:002289) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Success 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 )
=-28.716/( (340.629+321.697)/ 2 )
=-28.716/331.163
=-8.67 %

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.

Shenzhen Success 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 )
=41.883/( (340.629+321.697)/ 2 )
=41.883/331.163
=0.13

* 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.

Shenzhen Success Electronics Co Total Assets Related Terms

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Shenzhen Success Electronics Co Business Description

Traded in Other Exchanges
N/A
Address
1302, 13th Floor, Block A, Yuehai Street, Shenzhen Software Industry Base, NanShan District, ShenZhen, CHN, 518052
Shenzhen Success Electronics Co Ltd is engaged in research and development, production, sales and service, and provides display integrated solution for smart phone manufacturers. The company develops and manufactures sensors and capacitive touch screens, medium and small size LCD and corresponding modules, and glass cover products.
Executives
Yang Cai Qin Executives
Zhou Lu Directors, executives
Lin Meng Director
Zhang Yang Director
Cui Li Jun Executives
Lu Tao Director
Xu Dai Director
Wang Jin Fu Executives
Zhou Xiao Bin Director
Zhao Hou Peng Directors, executives
Wei Lian Su Directors, executives
Li Xiao Ming Executives
Li Xia Director
He Lin Qiao Supervisors

Shenzhen Success Electronics Co Headlines

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