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Beijing Beetech (SZSE:300667) Total Assets : ¥1,578.6 Mil (As of Mar. 2024)


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What is Beijing Beetech Total Assets?

Beijing Beetech's Total Assets for the quarter that ended in Mar. 2024 was ¥1,578.6 Mil.

During the past 12 months, Beijing Beetech's average Total Assets Growth Rate was -0.80% per year. During the past 3 years, the average Total Assets Growth Rate was -1.10% per year. During the past 5 years, the average Total Assets Growth Rate was 18.60% per year. During the past 10 years, the average Total Assets Growth Rate was 36.90% per year.

During the past 12 years, Beijing Beetech's highest 3-Year average Total Assets Growth Rate was 87.00%. The lowest was -1.10%. And the median was 37.00%.

Total Assets is connected with ROA %. Beijing Beetech's annualized ROA % for the quarter that ended in Mar. 2024 was -0.89%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Beetech's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.


Beijing Beetech Total Assets Historical Data

The historical data trend for Beijing Beetech'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.

Beijing Beetech Total Assets Chart

Beijing Beetech 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 1,428.05 1,578.94 1,669.55 1,667.58 1,607.45

Beijing Beetech 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 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 1,639.61 1,594.87 1,613.92 1,607.45 1,578.63

Beijing Beetech 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.

Beijing Beetech'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 )
=1284.328+323.124
=1,607.5

Beijing Beetech'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 )
=1282.446+296.185
=1,578.6

* 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.


Beijing Beetech  (SZSE:300667) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Beetech'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 )
=-14.16/( (1607.451+1578.631)/ 2 )
=-14.16/1593.041
=-0.89 %

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.

Beijing Beetech'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 )
=157.094/( (1607.451+1578.631)/ 2 )
=157.094/1593.041
=0.10

* 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.

Beijing Beetech Total Assets Related Terms

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Beijing Beetech (SZSE:300667) Business Description

Traded in Other Exchanges
N/A
Address
Seven Streets 7th Floor, No. 1 Huizhong Building, Haidian District, Beijing, CHN, 100085
Beijing Beetech Inc is a China-based company. It is a wireless sensor network system solutions and micro-electro-mechanical systems (MEMS) sensor chip provider. The company provides monitoring solutions for smart industrial, digital oilfields, smart grids and other fields. It also focuses on testing solutions in the fields of equipment manufacturing, research and testing, teaching and experiment and defense research, and MEMS products for automotive electronics and consumer electronics.
Executives
Zhang Zhi Tao Executives
Ding Liang Cheng Director
Xu Feng Directors, executives
Dai Xiao Ning Directors, executives
Shen Wei Zhen Executives
Chen De Min Supervisors
Deng Yan Qing Executives
Tang Zhi Bin Directors, executives
He Lei Director
Gong Dao Yong Director

Beijing Beetech (SZSE:300667) Headlines

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