Beijing Emerging Eastern Aviation Equipment Co (SZSE:002933) Total Assets : ¥2,428.6 Mil (As of Mar. 2024)

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What is Beijing Emerging Eastern Aviation Equipment Co Total Assets?

Beijing Emerging Eastern Aviation Equipment Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,428.6 Mil.

During the past 12 months, Beijing Emerging Eastern Aviation Equipment Co's average Total Assets Growth Rate was 22.90% per year. During the past 3 years, the average Total Assets Growth Rate was -4.50% per year. During the past 5 years, the average Total Assets Growth Rate was 6.20% per year.

During the past 9 years, Beijing Emerging Eastern Aviation Equipment Co's highest 3-Year average Total Assets Growth Rate was 24.70%. The lowest was -4.50%. And the median was 6.40%.

Total Assets is connected with ROA %. Beijing Emerging Eastern Aviation Equipment Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.93%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Emerging Eastern Aviation Equipment Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Beijing Emerging Eastern Aviation Equipment Co Total Assets Historical Data

The historical data trend for Beijing Emerging Eastern Aviation Equipment 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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Beijing Emerging Eastern Aviation Equipment Co Total Assets Chart

Beijing Emerging Eastern Aviation Equipment Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,673.21

1,839.46

1,750.27

1,759.60

2,452.99

Beijing Emerging Eastern Aviation Equipment 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															2,173.38	2,239.67	2,281.12	2,452.99	2,428.56

Beijing Emerging Eastern Aviation Equipment 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.

Beijing Emerging Eastern Aviation Equipment 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 )
	=	1477.29	+	975.702
	=	2,453.0

Beijing Emerging Eastern Aviation Equipment 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 )
	=	1476.245	+	952.311
	=	2,428.6

Beijing Emerging Eastern Aviation Equipment Co (SZSE:002933) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Emerging Eastern Aviation Equipment 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 )
	=	-22.696	/	( (2452.992	+	2428.556)	/ 2 )
	=	-22.696	/	2440.774
	=	-0.93 %

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.

Beijing Emerging Eastern Aviation Equipment 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 )
=	91.604	/	( (2452.992	+	2428.556)	/ 2 )
=	91.604	/	2440.774
=	0.04

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.

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Beijing Emerging Eastern Aviation Equipment Co (SZSE:002933) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Beijing Emerging Eastern Aviation Equipment Co Ltd (SZSE:002933) » Definitions » Total Assets

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Address

No. 65, Xingshikou Road, Building 4, Area C, Yiyuan Wenchuang Base, Haidian District, Beijing, CHN, 100195

Website

http://www.eeae.com.cn

Beijing Emerging Eastern Aviation Equipment Co Ltd is a Chinese company that operates in the aviation industry. The company is engaged in the production and manufacture of aviation airborne equipment and supporting equipment, provides technology transfer, technical consulting, and technical services. It also produces and sells aviation equipment products and related technologies such as military and military autonomous controllable computers.

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