GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Mehow Innovative Ltd (SZSE:301363) » Definitions » Total Assets

Mehow Innovative (SZSE:301363) Total Assets : ¥3,776 Mil (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Mehow Innovative Total Assets?

Mehow Innovative's Total Assets for the quarter that ended in Sep. 2024 was ¥3,776 Mil.

During the past 12 months, Mehow Innovative's average Total Assets Growth Rate was 17.20% per year. During the past 3 years, the average Total Assets Growth Rate was 27.60% per year. During the past 5 years, the average Total Assets Growth Rate was 37.40% per year.

During the past 6 years, Mehow Innovative's highest 3-Year average Total Assets Growth Rate was 52.70%. The lowest was 27.60%. And the median was 43.10%.

Total Assets is connected with ROA %. Mehow Innovative's annualized ROA % for the quarter that ended in Sep. 2024 was 9.61%. Total Assets is also linked to Revenue through Asset Turnover. Mehow Innovative's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.


Mehow Innovative Total Assets Historical Data

The historical data trend for Mehow Innovative'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.

Mehow Innovative Total Assets Chart

Mehow Innovative Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 1,135.59 1,401.22 1,901.18 3,388.45 3,523.27

Mehow Innovative Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,482.82 3,523.27 3,567.16 3,606.36 3,776.07

Mehow Innovative 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.

Mehow Innovative'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 )
=3182.288+340.983
=3,523

Mehow Innovative's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=3388.113+387.952
=3,776

* 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.


Mehow Innovative  (SZSE:301363) Total Assets Explanation

Total Assets is connected with ROA %.

Mehow Innovative's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=354.696/( (3606.358+3776.065)/ 2 )
=354.696/3691.2115
=9.61 %

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

Mehow Innovative's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=450.122/( (3606.358+3776.065)/ 2 )
=450.122/3691.2115
=0.12

* 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.

Mehow Innovative Total Assets Related Terms

Thank you for viewing the detailed overview of Mehow Innovative's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mehow Innovative Business Description

Traded in Other Exchanges
N/A
Address
No. 3, Baolong Sixth Road, Baolong Street, 101, 201, 401, 101, 201, 401, Building A, Xinzhongqiao Industrial Park, Longgang District, Guangdong Province, Shenzhen, CHN, 518116
Mehow Innovative Ltd is engaged in the design, development, manufacture and sales of precision components and products for medical devices.
Executives
Tan Jing Xia Secretary Dong

Mehow Innovative Headlines

No Headlines