Hubei Jiuzhiyang Infrared System Co (SZSE:300516) Total Assets : ¥1,800.8 Mil (As of Mar. 2024)

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What is Hubei Jiuzhiyang Infrared System Co Total Assets?

Hubei Jiuzhiyang Infrared System Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,800.8 Mil.

During the past 12 months, Hubei Jiuzhiyang Infrared System Co's average Total Assets Growth Rate was 24.30% per year. During the past 3 years, the average Total Assets Growth Rate was 16.10% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 17.70% per year.

During the past 13 years, Hubei Jiuzhiyang Infrared System Co's highest 3-Year average Total Assets Growth Rate was 62.60%. The lowest was -3.00%. And the median was 25.90%.

Total Assets is connected with ROA %. Hubei Jiuzhiyang Infrared System Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.96%. Total Assets is also linked to Revenue through Asset Turnover. Hubei Jiuzhiyang Infrared System Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Hubei Jiuzhiyang Infrared System Co Total Assets Historical Data

The historical data trend for Hubei Jiuzhiyang Infrared System 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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Hubei Jiuzhiyang Infrared System Co Total Assets Chart

Hubei Jiuzhiyang Infrared System Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,220.56

1,498.08

1,526.34

1,510.24

1,746.43

Hubei Jiuzhiyang Infrared System 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															1,573.83	1,621.90	1,696.21	1,746.43	1,800.78

Hubei Jiuzhiyang Infrared System 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.

Hubei Jiuzhiyang Infrared System 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 )
	=	1316.424	+	430.001
	=	1,746.4

Hubei Jiuzhiyang Infrared System 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 )
	=	1321.665	+	479.11
	=	1,800.8

Hubei Jiuzhiyang Infrared System Co (SZSE:300516) Total Assets Explanation

Total Assets is connected with ROA %.

Hubei Jiuzhiyang Infrared System 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 )
	=	17.1	/	( (1746.426	+	1800.775)	/ 2 )
	=	17.1	/	1773.6005
	=	0.96 %

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 Jiuzhiyang Infrared System 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 )
=	63.543	/	( (1746.426	+	1800.775)	/ 2 )
=	63.543	/	1773.6005
=	0.04

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.

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Hubei Jiuzhiyang Infrared System Co (SZSE:300516) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hubei Jiuzhiyang Infrared System Co Ltd (SZSE:300516) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No.9 Mingze Road, Miaoshan Development Zone, Jiangxia District, Wuhan, CHN, 430223

Website

http://www.hbjir.com

Hubei Jiuzhiyang Infrared System Co Ltd engages in the research and fabrication of infrared thermal imagers, laser rangefinders in China. The company offers uncooled and cooled infrared imagers; laser range finders; and hand-held and physical thermoscopes. Its products are used in the areas of marine surveillance, law enforcement, security and protection monitoring, forest fire prevention, supervising and rescue for aquatic transportation, search and rescue, industrial detection, inspection, and quarantine, assistant driving.

Executives

Sun Xiu Rong	Director
Zhao Li Hang	Independent director

Hubei Jiuzhiyang Infrared System Co (SZSE:300516) Headlines

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