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China Dive Co (SZSE:300526) Total Assets : ¥388.9 Mil (As of Mar. 2023)


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What is China Dive Co Total Assets?

China Dive Co's Total Assets for the quarter that ended in Mar. 2023 was ¥388.9 Mil.

Total Assets is connected with ROA %. China Dive Co's annualized ROA % for the quarter that ended in Mar. 2023 was -11.50%. Total Assets is also linked to Revenue through Asset Turnover. China Dive Co's Asset Turnover for the quarter that ended in Mar. 2023 was 0.05.


China Dive Co Total Assets Historical Data

The historical data trend for China Dive 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.

China Dive Co Total Assets Chart

China Dive Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,052.21 1,060.74 668.11 542.17 391.88

China Dive Co Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 384.99 378.16 409.40 391.88 388.91

China Dive 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.

China Dive Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=261.397+130.478
=391.9

China Dive Co's Total Assets for the quarter that ended in Mar. 2023 is calculated as

Total Assets=Total Equity (Q: Mar. 2023 )+Total Liabilities (Q: Mar. 2023 )
=245.884+143.03
=388.9

* 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.


China Dive Co  (SZSE:300526) Total Assets Explanation

Total Assets is connected with ROA %.

China Dive Co's annualized ROA % for the quarter that ended in Mar. 2023 is

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=-44.912/( (391.875+388.914)/ 2 )
=-44.912/390.3945
=-11.50 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) 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.

China Dive Co's Asset Turnover for the quarter that ended in Mar. 2023 is

Asset Turnover
=Revenue (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=20.231/( (391.875+388.914)/ 2 )
=20.231/390.3945
=0.05

* 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.

China Dive Co Total Assets Related Terms

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China Dive Co (SZSE:300526) Business Description

Traded in Other Exchanges
N/A
Address
Changbu Village, Xinxu Town, Huiyang District, Guangdong Province, Huizhou, CHN, 516223
China Dive Co Ltd is a manufacturer of diving equipment products and provides diving services. Its engaged in producing marine diving equipment such as diving suits and fishing and hunting suits. It offers products such as dry diving suits, semi-dry wetsuit, wetsuit, hunting and fishing clothes, and other accessory equipment.

China Dive Co (SZSE:300526) Headlines

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