HengFeng Information Technology Co (SZSE:300605) Total Assets : ¥1,317.6 Mil (As of Mar. 2024)

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What is HengFeng Information Technology Co Total Assets?

HengFeng Information Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,317.6 Mil.

During the past 12 months, HengFeng Information Technology Co's average Total Assets Growth Rate was 3.20% per year. During the past 3 years, the average Total Assets Growth Rate was 9.50% per year. During the past 5 years, the average Total Assets Growth Rate was 10.80% per year. During the past 10 years, the average Total Assets Growth Rate was 18.90% per year.

During the past 12 years, HengFeng Information Technology Co's highest 3-Year average Total Assets Growth Rate was 35.70%. The lowest was 4.90%. And the median was 18.80%.

Total Assets is connected with ROA %. HengFeng Information Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.66%. Total Assets is also linked to Revenue through Asset Turnover. HengFeng Information Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

HengFeng Information Technology Co Total Assets Historical Data

The historical data trend for HengFeng 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.

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HengFeng Information Technology Co Total Assets Chart

HengFeng Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,060.81

1,008.75

1,089.59

1,154.70

1,384.18

HengFeng Information Technology 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															1,338.00	1,333.05	1,343.71	1,384.18	1,317.57

HengFeng 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.

HengFeng 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 )
	=	585.56	+	798.624
	=	1,384.2

HengFeng Information Technology 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 )
	=	579.382	+	738.187
	=	1,317.6

HengFeng Information Technology Co (SZSE:300605) Total Assets Explanation

Total Assets is connected with ROA %.

HengFeng Information Technology 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 )
	=	-22.42	/	( (1384.184	+	1317.569)	/ 2 )
	=	-22.42	/	1350.8765
	=	-1.66 %

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.

HengFeng Information Technology 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 )
=	65.749	/	( (1384.184	+	1317.569)	/ 2 )
=	65.749	/	1350.8765
=	0.05

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.

HengFeng Information Technology Co Total Assets Related Terms

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HengFeng Information Technology Co (SZSE:300605) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » HengFeng Information Technology Co Ltd (SZSE:300605) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Science and Technology Road East, Building 5, Haixi Innovation Park, Fuzhou, CHN, 350117

Website

http://www.i-hengfeng.com

HengFeng Information Technology Co Ltd is a smart city, data center, and computer information system. It provides planning, design, software and innovation development, system integration, and management to customers in areas like livelihood, public safety, and urban services. The company operates in China region.

Executives

Chen Chao Xue	Directors, executives
Ou Lin Jie	Directors, executives
Wei Xiao Xi	Director
Lin Wen Juan	Supervisors
Luo Wen Wen	Director
Yang Zhi Gang	Directors, executives
Zheng Ming	Supervisors
Zhao Yin Bao	Executives
Lin Jian	Director
Chen Fang	Directors, Directors, and Executives

HengFeng Information Technology Co (SZSE:300605) Headlines

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