Focus Lightings Tech Co (SZSE:300708) Total Assets : ¥4,607 Mil (As of Jun. 2024)

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What is Focus Lightings Tech Co Total Assets?

Focus Lightings Tech Co's Total Assets for the quarter that ended in Jun. 2024 was ¥4,607 Mil.

During the past 12 months, Focus Lightings Tech Co's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year. During the past 10 years, the average Total Assets Growth Rate was 18.30% per year.

During the past 12 years, Focus Lightings Tech Co's highest 3-Year average Total Assets Growth Rate was 38.00%. The lowest was 0.30%. And the median was 19.50%.

Total Assets is connected with ROA %. Focus Lightings Tech Co's annualized ROA % for the quarter that ended in Jun. 2024 was 5.71%. Total Assets is also linked to Revenue through Asset Turnover. Focus Lightings Tech Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.16.

Focus Lightings Tech Co Total Assets Historical Data

The historical data trend for Focus Lightings Tech 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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Focus Lightings Tech Co Total Assets Chart

Focus Lightings Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,692.69

2,659.61

3,007.84

3,638.74

4,739.74

Focus Lightings Tech Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															3,737.83	5,007.88	4,739.74	4,499.16	4,607.40

Focus Lightings Tech 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.

Focus Lightings Tech 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 )
	=	2883.187	+	1856.556
	=	4,740

Focus Lightings Tech Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	2627.823	+	1979.579
	=	4,607

Focus Lightings Tech Co (SZSE:300708) Total Assets Explanation

Total Assets is connected with ROA %.

Focus Lightings Tech Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	259.912	/	( (4499.159	+	4607.402)	/ 2 )
	=	259.912	/	4553.2805
	=	5.71 %

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

Focus Lightings Tech Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	733.367	/	( (4499.159	+	4607.402)	/ 2 )
=	733.367	/	4553.2805
=	0.16

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.

Focus Lightings Tech Co Total Assets Related Terms

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Focus Lightings Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Focus Lightings Tech Co Ltd (SZSE:300708) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

8 Xinqing Road, Suzhou Industrial Park, Suzhou, CHN, 215125

Website

http://www.focuslightings.com

Focus Lightings Tech Co Ltd is a China-based company is engaged in the manufacture and production of home and commercial lighting products. Its products include glitter lamp, desk lamp, floor lamp, wall lamp, ceiling lamp, and a pendent lamp. The company's products can be used in backlight and lighting and other fields.

Executives

Xu Ying Gai	Director
Wang Hui	Supervisors
Pan Hua Rong	Directors, executives
Lu Ye	Executives
Cheng Fei Long	Directors, executives
Xu Wen Wen	Securities Affairs Representative
Yin Zuo Zhao	Director
Xiang Fang Nan	Director
Wang Yan Li	Executives
Qin Zhen	Director

Focus Lightings Tech Co Headlines

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