Hydsoft Technology Co (SZSE:301316) Total Assets : ¥1,528 Mil (As of Mar. 2024)

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What is Hydsoft Technology Co Total Assets?

Hydsoft Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,528 Mil.

Warning Sign:

If a company builds assets at 32.2% a year, faster than its revenue growth rate of 17.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hydsoft Technology Co's average Total Assets Growth Rate was 36.70% per year. During the past 3 years, the average Total Assets Growth Rate was 33.70% per year. During the past 5 years, the average Total Assets Growth Rate was 32.20% per year.

During the past 8 years, Hydsoft Technology Co's highest 3-Year average Total Assets Growth Rate was 168.30%. The lowest was 28.20%. And the median was 33.70%.

Total Assets is connected with ROA %. Hydsoft Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.87%. Total Assets is also linked to Revenue through Asset Turnover. Hydsoft Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Hydsoft Technology Co Total Assets Historical Data

The historical data trend for Hydsoft 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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Hydsoft Technology Co Total Assets Chart

Hydsoft Technology Co Annual Data

Trend

Dec13

Dec14

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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447.78

650.38

861.24

1,309.94

1,558.88

Hydsoft Technology Co Quarterly Data
	Dec13	Dec14	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial													1,261.22	1,378.33	1,436.84	1,558.88	1,527.97

Hydsoft 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.

Hydsoft 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 )
	=	1125.766	+	433.117
	=	1,559

Hydsoft 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 )
	=	1139.514	+	388.458
	=	1,528

Hydsoft Technology Co (SZSE:301316) Total Assets Explanation

Total Assets is connected with ROA %.

Hydsoft 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 )
	=	59.752	/	( (1558.883	+	1527.972)	/ 2 )
	=	59.752	/	1543.4275
	=	3.87 %

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.

Hydsoft 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 )
=	367.924	/	( (1558.883	+	1527.972)	/ 2 )
=	367.924	/	1543.4275
=	0.24

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.

Hydsoft Technology Co Total Assets Related Terms

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Hydsoft Technology Co (SZSE:301316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hydsoft Technology Co Ltd (SZSE:301316) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11 Liangzhan Road, Renhe Street, Room 309, 3rd Floor, Building 1, Yuhang District, Zhejiang Province, Hangzhou, CHN, 311107

Website

https://www.hydsoft.com

Hydsoft Technology Co Ltd is engaged in providing professional information technology outsourcing services to customers.

Hydsoft Technology Co (SZSE:301316) Headlines

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