Hubei Century Network Technology (SZSE:300494) Total Assets : ¥1,965 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Hubei Century Network Technology Total Assets?

Hubei Century Network Technology's Total Assets for the quarter that ended in Mar. 2024 was ¥1,965 Mil.

During the past 12 months, Hubei Century Network Technology's average Total Assets Growth Rate was -21.50% per year. During the past 3 years, the average Total Assets Growth Rate was -6.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.40% per year. During the past 10 years, the average Total Assets Growth Rate was 27.90% per year.

During the past 13 years, Hubei Century Network Technology's highest 3-Year average Total Assets Growth Rate was 83.60%. The lowest was -6.60%. And the median was 26.45%.

Total Assets is connected with ROA %. Hubei Century Network Technology's annualized ROA % for the quarter that ended in Mar. 2024 was 2.88%. Total Assets is also linked to Revenue through Asset Turnover. Hubei Century Network Technology's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.

Hubei Century Network Technology Total Assets Historical Data

The historical data trend for Hubei Century Network Technology'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.

Hubei Century Network Technology Total Assets Chart

Hubei Century Network Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

1,539.49

1,542.18

1,902.77

2,058.80

1,992.19

Hubei Century Network Technology 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															2,138.61	2,015.41	2,005.73	1,992.19	1,964.60

Hubei Century Network Technology 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.

Hubei Century Network Technology'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 )
	=	1715.413	+	276.781
	=	1,992

Hubei Century Network Technology'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 )
	=	1731.049	+	233.551
	=	1,965

Hubei Century Network Technology (SZSE:300494) Total Assets Explanation

Total Assets is connected with ROA %.

Hubei Century Network Technology'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 )
	=	56.968	/	( (1992.194	+	1964.6)	/ 2 )
	=	56.968	/	1978.397
	=	2.88 %

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.

Hubei Century Network Technology'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 )
=	253.521	/	( (1992.194	+	1964.6)	/ 2 )
=	253.521	/	1978.397
=	0.13

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.

Hubei Century Network Technology Total Assets Related Terms

Thank you for viewing the detailed overview of Hubei Century Network Technology's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Hubei Century Network Technology (SZSE:300494) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hubei Century Network Technology Inc (SZSE:300494) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 77 Guanggu Avenue, 9-11 Floor, Building B7, Financial Port, Donghu New Technology Development Zone, Hubei, Wuhan, CHN, 430070

Website

http://www.stnts.com

Hubei Century Network Technology Co Ltd provides internet content and service aggregation platforms. Its products and services are network entertainment platforms, mobile internet, internet value-added products, and advertising business. It provides services to Internet cafes, the education sector, hotels, and other public Internet service sites.

Hubei Century Network Technology (SZSE:300494) Headlines

No Headlines