Shenzhen Rongda Photosensitive & Technology Co (SZSE:300576) Total Assets : ¥1,852.8 Mil (As of Dec. 2024)

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What is Shenzhen Rongda Photosensitive & Technology Co Total Assets?

Shenzhen Rongda Photosensitive & Technology Co's Total Assets for the quarter that ended in Dec. 2024 was ¥1,852.8 Mil.

During the past 12 months, Shenzhen Rongda Photosensitive & Technology Co's average Total Assets Growth Rate was 25.40% per year. During the past 3 years, the average Total Assets Growth Rate was 11.20% per year. During the past 5 years, the average Total Assets Growth Rate was 14.90% per year. During the past 10 years, the average Total Assets Growth Rate was 21.10% per year.

During the past 13 years, Shenzhen Rongda Photosensitive & Technology Co's highest 3-Year average Total Assets Growth Rate was 33.80%. The lowest was 6.20%. And the median was 18.30%.

Total Assets is connected with ROA %. Shenzhen Rongda Photosensitive & Technology Co's annualized ROA % for the quarter that ended in Dec. 2024 was 3.80%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Rongda Photosensitive & Technology Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.15.

Shenzhen Rongda Photosensitive & Technology Co Total Assets Historical Data

The historical data trend for Shenzhen Rongda Photosensitive & 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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Shenzhen Rongda Photosensitive & Technology Co Total Assets Chart

Shenzhen Rongda Photosensitive & Technology Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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1,019.28

1,174.36

1,192.08

1,642.78

1,852.78

Shenzhen Rongda Photosensitive & Technology Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															1,642.78	1,583.02	1,687.46	1,751.85	1,852.78

Shenzhen Rongda Photosensitive & 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.

Shenzhen Rongda Photosensitive & Technology Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	1368.156	+	484.623
	=	1,852.8

Shenzhen Rongda Photosensitive & Technology Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	1368.156	+	484.623
	=	1,852.8

Shenzhen Rongda Photosensitive & Technology Co (SZSE:300576) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Rongda Photosensitive & Technology Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	68.44	/	( (1751.848	+	1852.779)	/ 2 )
	=	68.44	/	1802.3135
	=	3.80 %

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

Shenzhen Rongda Photosensitive & Technology Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	262.496	/	( (1751.848	+	1852.779)	/ 2 )
=	262.496	/	1802.3135
=	0.15

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.

Shenzhen Rongda Photosensitive & Technology Co Total Assets Related Terms

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Shenzhen Rongda Photosensitive & Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Rongda Photosensitive & Technology Co Ltd (SZSE:300576) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71-5, Xintian Avenue, Fuhai Street, Room 301, Xintian Community, Guangdong, Baoan District, Shenzhen, CHN, 518103

Website

http://www.szrd.com

Shenzhen Rongda Photosensitive & Technology Co Ltd produces and sells photosensitive chemical materials in China. It offers PCB Ink, Positive photoresist and Special inks.

Executives

Niu Guo Chun	Director
Yang Yu Chun	Directors, executives
Huang Yong	Directors, executives
Cai Qi Shang	Directors, Directors, and Executives
Liu Qi Sheng	Directors, executives
Wei Zhi Jun	Supervisors
Chen Wu	Executives
Liu Qun Ying	Supervisors

Shenzhen Rongda Photosensitive & Technology Co Headlines

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