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Wuhan Zhongyuan Huadian Science & Technology Co (SZSE:300018) Total Assets : ¥1,427.6 Mil (As of Jun. 2024)


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What is Wuhan Zhongyuan Huadian Science & Technology Co Total Assets?

Wuhan Zhongyuan Huadian Science & Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,427.6 Mil.

During the past 12 months, Wuhan Zhongyuan Huadian Science & Technology Co's average Total Assets Growth Rate was 8.60% per year. During the past 3 years, the average Total Assets Growth Rate was 0.60% per year. During the past 5 years, the average Total Assets Growth Rate was 3.00% per year. During the past 10 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 13 years, Wuhan Zhongyuan Huadian Science & Technology Co's highest 3-Year average Total Assets Growth Rate was 52.40%. The lowest was -13.50%. And the median was 26.60%.

Total Assets is connected with ROA %. Wuhan Zhongyuan Huadian Science & Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 was 6.65%. Total Assets is also linked to Revenue through Asset Turnover. Wuhan Zhongyuan Huadian Science & Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.08.


Wuhan Zhongyuan Huadian Science & Technology Co Total Assets Historical Data

The historical data trend for Wuhan Zhongyuan Huadian Science & Technology 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.

Wuhan Zhongyuan Huadian Science & Technology Co Total Assets Chart

Wuhan Zhongyuan Huadian Science & Technology 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 1,245.22 1,329.57 1,420.92 1,388.14 1,438.69

Wuhan Zhongyuan Huadian Science & Technology Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,344.71 1,382.76 1,438.69 1,427.25 1,427.61

Wuhan Zhongyuan Huadian Science & Technology 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.

Wuhan Zhongyuan Huadian Science & Technology 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 )
=1257.2+181.485
=1,438.7

Wuhan Zhongyuan Huadian Science & Technology Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1271.85+155.762
=1,427.6

* 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.


Wuhan Zhongyuan Huadian Science & Technology Co  (SZSE:300018) Total Assets Explanation

Total Assets is connected with ROA %.

Wuhan Zhongyuan Huadian Science & Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=94.896/( (1427.245+1427.612)/ 2 )
=94.896/1427.4285
=6.65 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Wuhan Zhongyuan Huadian Science & Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=120.224/( (1427.245+1427.612)/ 2 )
=120.224/1427.4285
=0.08

* 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.

Wuhan Zhongyuan Huadian Science & Technology Co Total Assets Related Terms

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Wuhan Zhongyuan Huadian Science & Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, 6th Road, Science and Technology Park, Huazhong University of Science and Technology, Wuhan East Lake New Technology Development Zone, Hubei Province, Wuhan, CHN, 430223
Wuhan Zhongyuan Huadian Science & Technology Co Ltd specializes in the development and manufacturing of intelligent record analysis, electric power, and time synchronization systems in China.
Executives
Lu Chun Ming Directors, executives
Deng Zhi Gang Director
Wang Yong Ye Director
Yin Li Guang Supervisors
Zhang Xiao Bo Directors, executives
Fu Duo Director
Chen Zhi Bing Supervisors
Yin Jian Executives
Chen Xi Ping Supervisors
Guo Xiao Ming Supervisors

Wuhan Zhongyuan Huadian Science & Technology Co Headlines

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