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Sublime China Information Co (SZSE:301299) Total Assets : ¥984.2 Mil (As of Mar. 2024)


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What is Sublime China Information Co Total Assets?

Sublime China Information Co's Total Assets for the quarter that ended in Mar. 2024 was ¥984.2 Mil.

During the past 12 months, Sublime China Information Co's average Total Assets Growth Rate was 127.90% per year. During the past 3 years, the average Total Assets Growth Rate was 29.80% per year. During the past 5 years, the average Total Assets Growth Rate was 8.00% per year.

During the past 8 years, Sublime China Information Co's highest 3-Year average Total Assets Growth Rate was 29.80%. The lowest was -8.70%. And the median was 1.70%.

Total Assets is connected with ROA %. Sublime China Information Co's annualized ROA % for the quarter that ended in Mar. 2024 was 10.11%. Total Assets is also linked to Revenue through Asset Turnover. Sublime China Information Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.


Sublime China Information Co Total Assets Historical Data

The historical data trend for Sublime China Information 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.

Sublime China Information Co Total Assets Chart

Sublime China Information Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 366.63 455.94 550.93 1,005.73 979.60

Sublime China Information Co Quarterly Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 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 998.02 967.49 955.39 979.60 984.20

Sublime China Information 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.

Sublime China Information 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 )
=673.163+306.436
=979.6

Sublime China Information 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 )
=698.566+285.63
=984.2

* 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.


Sublime China Information Co  (SZSE:301299) Total Assets Explanation

Total Assets is connected with ROA %.

Sublime China Information 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 )
=99.248/( (979.6+984.196)/ 2 )
=99.248/981.898
=10.11 %

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.

Sublime China Information 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 )
=75.492/( (979.6+984.196)/ 2 )
=75.492/981.898
=0.08

* 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.

Sublime China Information Co Total Assets Related Terms

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Sublime China Information Co (SZSE:301299) Business Description

Traded in Other Exchanges
N/A
Address
No. 186, North Beijing Road, Zhangdian District, Shandong Province, Zibo, CHN, 255095
Sublime China Information Co Ltd is commodity market data monitoring, transaction price evaluation and industry data analysis company.
Executives
Lu Hua Directors, executives

Sublime China Information Co (SZSE:301299) Headlines

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