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Qitian Technology Group Co (SZSE:300061) Total Assets : ¥1,357.4 Mil (As of Mar. 2025)


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What is Qitian Technology Group Co Total Assets?

Qitian Technology Group Co's Total Assets for the quarter that ended in Mar. 2025 was ¥1,357.4 Mil.

During the past 12 months, Qitian Technology Group Co's average Total Assets Growth Rate was -19.60% per year. During the past 3 years, the average Total Assets Growth Rate was -16.70% per year. During the past 5 years, the average Total Assets Growth Rate was -18.20% per year. During the past 10 years, the average Total Assets Growth Rate was -0.30% per year.

During the past 13 years, Qitian Technology Group Co's highest 3-Year average Total Assets Growth Rate was 75.20%. The lowest was -18.40%. And the median was 10.60%.

Total Assets is connected with ROA %. Qitian Technology Group Co's annualized ROA % for the quarter that ended in Mar. 2025 was 0.84%. Total Assets is also linked to Revenue through Asset Turnover. Qitian Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.09.


Qitian Technology Group Co Total Assets Historical Data

The historical data trend for Qitian Technology Group 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.

Qitian Technology Group Co Total Assets Chart

Qitian Technology Group Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,420.51 1,731.63 1,976.68 1,633.27 1,331.54

Qitian Technology Group Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,687.89 1,681.19 1,564.39 1,331.54 1,357.44

Qitian Technology Group 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.

Qitian Technology Group Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=568.149+763.389
=1,331.5

Qitian Technology Group Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=571.228+786.216
=1,357.4

* 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.


Qitian Technology Group Co  (SZSE:300061) Total Assets Explanation

Total Assets is connected with ROA %.

Qitian Technology Group Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=11.32/( (1331.538+1357.444)/ 2 )
=11.32/1344.491
=0.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Qitian Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=125.207/( (1331.538+1357.444)/ 2 )
=125.207/1344.491
=0.09

* 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.

Qitian Technology Group Co Total Assets Related Terms

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Qitian Technology Group Co Business Description

Traded in Other Exchanges
N/A
Address
999 Dangui Road, C5, Phase I, Guochuang Center, Pudong New District, Shanghai, CHN, 201203
Qitian Technology Group Co Ltd is engaged in production and sales of resin lenses.
Executives
Liu Tao Director
Fei Zheng Xiang Supervisors
Li Cai Xia Securities Affairs Representative
Zhang Hui Xiang Director
Xu Shi Ying Independent director
Fei Zhong Bao Supervisors
Fan Sen Xin Supervisors

Qitian Technology Group Co Headlines

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