Hangzhou Yitong New Material Co (SZSE:300930) Total Assets : ¥1,025.0 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Hangzhou Yitong New Material Co Total Assets?

Hangzhou Yitong New Material Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,025.0 Mil.

During the past 12 months, Hangzhou Yitong New Material Co's average Total Assets Growth Rate was 42.60% per year. During the past 3 years, the average Total Assets Growth Rate was 33.30% per year. During the past 5 years, the average Total Assets Growth Rate was 26.00% per year.

During the past 8 years, Hangzhou Yitong New Material Co's highest 3-Year average Total Assets Growth Rate was 33.30%. The lowest was 15.30%. And the median was 23.10%.

Total Assets is connected with ROA %. Hangzhou Yitong New Material Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.09%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Yitong New Material Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Hangzhou Yitong New Material Co Total Assets Historical Data

The historical data trend for Hangzhou Yitong New Material 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 Yitong New Material Co Total Assets Chart

Hangzhou Yitong New Material Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

380.88

398.13

776.79

846.81

952.04

Hangzhou Yitong New Material 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															886.33	901.55	934.78	952.04	1,024.96

Hangzhou Yitong New Material 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 Yitong New Material 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 )
	=	840.455	+	111.586
	=	952.0

Hangzhou Yitong New Material 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 )
	=	850.541	+	174.419
	=	1,025.0

Hangzhou Yitong New Material Co (SZSE:300930) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Yitong New Material 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 )
	=	40.4	/	( (952.041	+	1024.96)	/ 2 )
	=	40.4	/	988.5005
	=	4.09 %

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.

Hangzhou Yitong New Material 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 )
=	105.486	/	( (952.041	+	1024.96)	/ 2 )
=	105.486	/	988.5005
=	0.11

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 Yitong New Material Co Total Assets Related Terms

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

Hangzhou Yitong New Material Co (SZSE:300930) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hangzhou Yitong New Material Co Ltd (SZSE:300930) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Tancun Village, Daciyan Town, Jiande City, Zhejiang Province, Hangzhou, CHN, 311613

Website

http://www.hzytxc.com

Hangzhou Yitong New Material Co Ltd manufactures and sells iron-based powder. It offers iron-based powder metallurgy products, non-ferrous metal powder processing and metal materials.

Hangzhou Yitong New Material Co (SZSE:300930) Headlines

No Headlines