Jiangxi Firstar Panel Technology Co (SZSE:300256) Total Assets : ¥2,108.9 Mil (As of Mar. 2024)

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What is Jiangxi Firstar Panel Technology Co Total Assets?

Jiangxi Firstar Panel Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,108.9 Mil.

During the past 12 months, Jiangxi Firstar Panel Technology Co's average Total Assets Growth Rate was -27.00% 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 -30.60% per year. During the past 10 years, the average Total Assets Growth Rate was -3.60% per year.

During the past 13 years, Jiangxi Firstar Panel Technology Co's highest 3-Year average Total Assets Growth Rate was 91.80%. The lowest was -37.80%. And the median was 44.30%.

Total Assets is connected with ROA %. Jiangxi Firstar Panel Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -5.50%. Total Assets is also linked to Revenue through Asset Turnover. Jiangxi Firstar Panel Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Jiangxi Firstar Panel Technology Co Total Assets Historical Data

The historical data trend for Jiangxi Firstar Panel 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.

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Jiangxi Firstar Panel Technology Co Total Assets Chart

Jiangxi Firstar Panel Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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10,100.29

7,453.98

3,227.08

2,697.32

2,154.99

Jiangxi Firstar Panel Technology Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															2,639.70	2,496.93	2,510.31	2,154.99	2,108.95

Jiangxi Firstar Panel 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.

Jiangxi Firstar Panel 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 )
	=	1455.396	+	699.598
	=	2,155.0

Jiangxi Firstar Panel Technology Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1425.878	+	683.069
	=	2,108.9

Jiangxi Firstar Panel Technology Co (SZSE:300256) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangxi Firstar Panel Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	-117.228	/	( (2154.994	+	2108.947)	/ 2 )
	=	-117.228	/	2131.9705
	=	-5.50 %

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

Jiangxi Firstar Panel Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	194.969	/	( (2154.994	+	2108.947)	/ 2 )
=	194.969	/	2131.9705
=	0.09

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.

Jiangxi Firstar Panel Technology Co Total Assets Related Terms

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Jiangxi Firstar Panel Technology Co (SZSE:300256) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangxi Firstar Panel Technology Co Ltd (SZSE:300256) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Building, Hongjiaxing Electronic Industry Base, Jiaojiang District, Zhejiang Province, Taizhou, CHN, 318015

Website

http://www.first-panel.com

Zhejiang Firstar Panel Technology Co Ltd is a China based company engaged in the manufacture and distribution of liquid crystal display window protection screen products. Its products include sight glass protective screens, touch screens, touch display modules, new display devices and relevant materials and modules. The products are used in panel mobile phones, panel computers and music displayers.

Executives

Mao Xiao Lin	Director
Chen Mei Fen	Executives
Li Wei Min	Directors, executives
Wang Xian Yu	Director
Shao Guo Feng	Executives
Pan Qing Shou	Director
Lin Hai Ping	Director
Ye Xian Yu	Director
Pan Ling Juan	Supervisors
Jing Meng	Executives
Wang Chun Qiao	Executives
Li Hai Fei	Director
Li Xue Jun	Supervisors

Jiangxi Firstar Panel Technology Co (SZSE:300256) Headlines

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