GURUFOCUS.COM » STOCK LIST » Technology » Software » Hangzhou Anysoft Information Technology Co Ltd (SZSE:300571) » Definitions » Total Assets

Hangzhou Anysoft Information Technology Co (SZSE:300571) Total Assets : ¥3,877 Mil (As of Sep. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Hangzhou Anysoft Information Technology Co Total Assets?

Hangzhou Anysoft Information Technology Co's Total Assets for the quarter that ended in Sep. 2024 was ¥3,877 Mil.

Warning Sign:

If a company builds assets at 31.6% a year, faster than its revenue growth rate of 11.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hangzhou Anysoft Information Technology Co's average Total Assets Growth Rate was 12.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.30% per year. During the past 5 years, the average Total Assets Growth Rate was 31.60% per year. During the past 10 years, the average Total Assets Growth Rate was 63.70% per year.

During the past 13 years, Hangzhou Anysoft Information Technology Co's highest 3-Year average Total Assets Growth Rate was 115.00%. The lowest was 10.30%. And the median was 53.95%.

Total Assets is connected with ROA %. Hangzhou Anysoft Information Technology Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.32%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Anysoft Information Technology Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.


Hangzhou Anysoft Information Technology Co Total Assets Historical Data

The historical data trend for Hangzhou Anysoft Information 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.

* Premium members only.

Hangzhou Anysoft Information Technology Co Total Assets Chart

Hangzhou Anysoft Information Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,219.07 2,800.22 4,125.12 4,029.14 3,478.44

Hangzhou Anysoft Information Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,315.73 3,478.44 3,623.87 3,430.25 3,877.16

Hangzhou Anysoft Information 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.

Hangzhou Anysoft Information 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 )
=1573.526+1904.919
=3,478

Hangzhou Anysoft Information Technology Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=1585.389+2291.769
=3,877

* 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.


Hangzhou Anysoft Information Technology Co  (SZSE:300571) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Anysoft Information Technology Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=11.696/( (3430.249+3877.158)/ 2 )
=11.696/3653.7035
=0.32 %

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

Hangzhou Anysoft Information Technology Co's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=452.534/( (3430.249+3877.158)/ 2 )
=452.534/3653.7035
=0.12

* 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.

Hangzhou Anysoft Information Technology Co Total Assets Related Terms

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


Hangzhou Anysoft Information Technology Co Business Description

Traded in Other Exchanges
N/A
Address
North of 11th Floor, Building 2, Xixi Century Center, Xihu District, Hangzhou, CHN
Hangzhou Anysoft Information Technology Co Ltd is mainly engaged in the design and development of mobile reading platforms. The company is organized into three business divisions: mobile reading service, information business, and other value-added telecommunications services. Its mobile reading service division provides a full range of reading services through its own reading platform, third-party platform and telecom operators' reading platform; information business division provides users with professional magazines and industries through mobile newspapers and self-media push; other value-added telecommunications services mainly includes music, video, games, animation and other content.

Hangzhou Anysoft Information Technology Co Headlines

No Headlines