Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Total Assets : ¥2,761.4 Mil (As of Jun. 2024)

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What is Suzhou Electrical Apparatus Science Academy Co Total Assets?

Suzhou Electrical Apparatus Science Academy Co's Total Assets for the quarter that ended in Jun. 2024 was ¥2,761.4 Mil.

During the past 12 months, Suzhou Electrical Apparatus Science Academy Co's average Total Assets Growth Rate was -10.20% per year. During the past 3 years, the average Total Assets Growth Rate was -7.00% per year. During the past 5 years, the average Total Assets Growth Rate was -4.00% per year. During the past 10 years, the average Total Assets Growth Rate was -0.20% per year.

During the past 13 years, Suzhou Electrical Apparatus Science Academy Co's highest 3-Year average Total Assets Growth Rate was 87.00%. The lowest was -7.00%. And the median was 3.70%.

Total Assets is connected with ROA %. Suzhou Electrical Apparatus Science Academy Co's annualized ROA % for the quarter that ended in Jun. 2024 was 0.47%. Total Assets is also linked to Revenue through Asset Turnover. Suzhou Electrical Apparatus Science Academy Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.

Suzhou Electrical Apparatus Science Academy Co Total Assets Historical Data

The historical data trend for Suzhou Electrical Apparatus Science Academy 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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Suzhou Electrical Apparatus Science Academy Co Total Assets Chart

Suzhou Electrical Apparatus Science Academy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,651.87

4,104.04

3,770.38

3,387.66

2,869.65

Suzhou Electrical Apparatus Science Academy 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															2,920.57	2,849.95	2,869.65	2,789.66	2,761.36

Suzhou Electrical Apparatus Science Academy 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.

Suzhou Electrical Apparatus Science Academy 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 )
	=	2002.247	+	867.401
	=	2,869.6

Suzhou Electrical Apparatus Science Academy 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 )
	=	1980.776	+	780.58
	=	2,761.4

Suzhou Electrical Apparatus Science Academy Co (SZSE:300215) Total Assets Explanation

Total Assets is connected with ROA %.

Suzhou Electrical Apparatus Science Academy 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 )
	=	13.116	/	( (2789.655	+	2761.357)	/ 2 )
	=	13.116	/	2775.506
	=	0.47 %

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.

Suzhou Electrical Apparatus Science Academy 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 )
=	167.434	/	( (2789.655	+	2761.357)	/ 2 )
=	167.434	/	2775.506
=	0.06

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.

Suzhou Electrical Apparatus Science Academy Co Total Assets Related Terms

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Suzhou Electrical Apparatus Science Academy Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Suzhou Electrical Apparatus Science Academy Co Ltd (SZSE:300215) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 7, Yonghe Street, Binhe Road,New Zone, Suzhou, CHN, 215011

Website

http://www.dqjc.com

Suzhou Electrical Apparatus Science Academy Co Ltd is mainly engaged in testing, researching, training of manpower, getting standard information and developing checkout equipment about power generation assembly, electric transmission and transformation equipment, high voltage electrical apparatus, high voltage switchgear assemblies, low voltage electrical apparatus, low voltage switchgear assemblies, machine tool electric appliance, marine electrical apparatus, nuclear power electrical apparatus, automobile electrical and electronic, wind power generation equipment, solar power photovoltaic system, energy saving products, RoHS, EMC, anti-seismic and so on.

Executives

Jiang Wen Bo	Director
Hu De Lin	Directors, executives
Li Wei Ping	Supervisors
Chen Wei	Director

Suzhou Electrical Apparatus Science Academy Co Headlines

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