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Winall Hi-tech Seed Co (SZSE:300087) Total Assets : ¥7,592 Mil (As of Sep. 2024)


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What is Winall Hi-tech Seed Co Total Assets?

Winall Hi-tech Seed Co's Total Assets for the quarter that ended in Sep. 2024 was ¥7,592 Mil.

During the past 12 months, Winall Hi-tech Seed Co's average Total Assets Growth Rate was 39.60% per year. During the past 3 years, the average Total Assets Growth Rate was 37.80% per year. During the past 5 years, the average Total Assets Growth Rate was 34.20% per year. During the past 10 years, the average Total Assets Growth Rate was 20.40% per year.

During the past 13 years, Winall Hi-tech Seed Co's highest 3-Year average Total Assets Growth Rate was 89.60%. The lowest was 4.70%. And the median was 20.55%.

Total Assets is connected with ROA %. Winall Hi-tech Seed Co's annualized ROA % for the quarter that ended in Sep. 2024 was -3.53%. Total Assets is also linked to Revenue through Asset Turnover. Winall Hi-tech Seed Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.09.


Winall Hi-tech Seed Co Total Assets Historical Data

The historical data trend for Winall Hi-tech Seed 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.

Winall Hi-tech Seed Co Total Assets Chart

Winall Hi-tech Seed 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 1,729.69 2,490.63 3,538.39 5,078.11 6,709.80

Winall Hi-tech Seed Co 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 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 5,796.88 6,709.80 6,211.01 6,494.70 7,592.06

Winall Hi-tech Seed 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.

Winall Hi-tech Seed 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 )
=2582.506+4127.291
=6,710

Winall Hi-tech Seed Co'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 )
=2323.666+5268.398
=7,592

* 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.


Winall Hi-tech Seed Co  (SZSE:300087) Total Assets Explanation

Total Assets is connected with ROA %.

Winall Hi-tech Seed Co'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 )
=-248.38/( (6494.695+7592.064)/ 2 )
=-248.38/7043.3795
=-3.53 %

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.

Winall Hi-tech Seed Co'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 )
=644.634/( (6494.695+7592.064)/ 2 )
=644.634/7043.3795
=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.

Winall Hi-tech Seed Co Total Assets Related Terms

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Winall Hi-tech Seed Co Business Description

Traded in Other Exchanges
N/A
Address
Tian Chi Road, Hefei High-tech Industrial Development Zone No 3, Hefei, CHN, 230088
Winall Hi-tech Seed Co Ltd is a seed company. It is engaged in the breeding of various crop seeds in China. The company produces hybrid rice varieties from double cropping; and three-line two-line hybrid rice varieties, as well as corn, wheat, cottonseed oil, vegetables, west melon, pumpkin, and other crop seeds.
Executives
Zhang Qin Directors, executives
Jiang San Qiao Executives
Zhang Cong He Executives
Zhu Quan Gui Executives
Gao Sheng Cong Executives
Jia Gui Lan Director
Chen Jin Jie Director
Wang Jin Directors, executives
Feng Qi Supervisors
Xu Wen Jian Director
Gao Jian Director
Wang Qun Executives
Li Cheng Quan Director
Jiang Xiao Min Supervisors

Winall Hi-tech Seed Co Headlines

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