Yuhuan CNC Machine Tool Co (SZSE:002903) Total Assets : ¥1,107.7 Mil (As of Mar. 2024)

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What is Yuhuan CNC Machine Tool Co Total Assets?

Yuhuan CNC Machine Tool Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,107.7 Mil.

During the past 12 months, Yuhuan CNC Machine Tool Co's average Total Assets Growth Rate was 13.70% per year. During the past 3 years, the average Total Assets Growth Rate was 21.90% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was 17.10% per year.

During the past 11 years, Yuhuan CNC Machine Tool Co's highest 3-Year average Total Assets Growth Rate was 37.50%. The lowest was 0.30%. And the median was 19.05%.

Total Assets is connected with ROA %. Yuhuan CNC Machine Tool Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.24%. Total Assets is also linked to Revenue through Asset Turnover. Yuhuan CNC Machine Tool Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Yuhuan CNC Machine Tool Co Total Assets Historical Data

The historical data trend for Yuhuan CNC Machine Tool 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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Yuhuan CNC Machine Tool Co Total Assets Chart

Yuhuan CNC Machine Tool Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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670.43

954.38

990.00

996.49

1,150.51

Yuhuan CNC Machine Tool Co Quarterly Data
	Jun19	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															968.82	1,039.99	1,071.37	1,150.51	1,107.73

Yuhuan CNC Machine Tool 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.

Yuhuan CNC Machine Tool 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 )
	=	819.9	+	330.608
	=	1,150.5

Yuhuan CNC Machine Tool 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 )
	=	831.386	+	276.347
	=	1,107.7

Yuhuan CNC Machine Tool Co (SZSE:002903) Total Assets Explanation

Total Assets is connected with ROA %.

Yuhuan CNC Machine Tool 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 )
	=	47.904	/	( (1150.507	+	1107.733)	/ 2 )
	=	47.904	/	1129.12
	=	4.24 %

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.

Yuhuan CNC Machine Tool 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 )
=	104.313	/	( (1150.507	+	1107.733)	/ 2 )
=	104.313	/	1129.12
=	0.09

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.

Yuhuan CNC Machine Tool Co Total Assets Related Terms

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Yuhuan CNC Machine Tool Co (SZSE:002903) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yuhuan CNC Machine Tool Co Ltd (SZSE:002903) » Definitions » Total Assets

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Address

No. 9 Yongyang Road, Liuyang manufacturing industry base, Hunan Province, Changsha, CHN, 410323

Website

http://www.yh-cn.com

Yuhuan CNC Machine Tool Co Ltd is specialized in the research and development, production, sales and service of CNC grinding equipment, polishing machines and intelligent equipment products. The company's products are widely used in automotive, IT electronic, military, and aerospace, shipbuilding, bearings, seals, household appliances, and other key areas of the national economy.

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