Maxvision Technology (SZSE:002990) Total Assets : ¥3,342 Mil (As of Sep. 2024)

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What is Maxvision Technology Total Assets?

Maxvision Technology's Total Assets for the quarter that ended in Sep. 2024 was ¥3,342 Mil.

Warning Sign:

If a company builds assets at 33.2% a year, faster than its revenue growth rate of 11.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Maxvision Technology's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 36.70% per year. During the past 5 years, the average Total Assets Growth Rate was 33.20% per year.

During the past 8 years, Maxvision Technology's highest 3-Year average Total Assets Growth Rate was 45.90%. The lowest was 29.00%. And the median was 36.70%.

Total Assets is connected with ROA %. Maxvision Technology's annualized ROA % for the quarter that ended in Sep. 2024 was 2.78%. Total Assets is also linked to Revenue through Asset Turnover. Maxvision Technology's Asset Turnover for the quarter that ended in Sep. 2024 was 0.08.

Maxvision Technology Total Assets Historical Data

The historical data trend for Maxvision Technology'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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Maxvision Technology Total Assets Chart

Maxvision Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,253.27

2,486.29

3,030.60

3,028.41

3,553.09

Maxvision Technology 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															3,445.11	3,553.09	3,538.05	3,315.10	3,342.17

Maxvision Technology 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.

Maxvision Technology'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 )
	=	2298.709	+	1254.378
	=	3,553

Maxvision Technology'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 )
	=	2338.808	+	1003.366
	=	3,342

Maxvision Technology (SZSE:002990) Total Assets Explanation

Total Assets is connected with ROA %.

Maxvision Technology'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 )
	=	92.6	/	( (3315.101	+	3342.174)	/ 2 )
	=	92.6	/	3328.6375
	=	2.78 %

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.

Maxvision Technology'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 )
=	278.979	/	( (3315.101	+	3342.174)	/ 2 )
=	278.979	/	3328.6375
=	0.08

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.

Maxvision Technology Total Assets Related Terms

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Maxvision Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Maxvision Technology Corp (SZSE:002990) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tairan Shi Road, Shatou Street, 1601, 1605, East Block, Phase 2,Tian'an Community, Tianan Innovation and Technology Plaza, Futian District, Guangdong, Shenzhen, CHN, 518040

Website

http://www.maxvision.com.cn

Maxvision Technology Corp is specialized in artificial intelligence and algorithm researches and intelligent system integration. Its products include smart port, smart traffic, artificial intelligence, and smart systems.

Executives

Miao Ying Liang	Executives
Huang Xin	Directors, executives
Hu Gang	Directors, executives
Qin Cao	Directors, executives
Jiang Bing	Directors, executives
Gong Tao	Executives
Lai Shi Wu	Executives

Maxvision Technology Headlines

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