Fengzhushou Co (SZSE:301382) Total Assets : ¥2,157 Mil (As of Mar. 2024)

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What is Fengzhushou Co Total Assets?

Fengzhushou Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,157 Mil.

Warning Sign:

If a company builds assets at 35.4% a year, faster than its revenue growth rate of 26.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Fengzhushou Co's average Total Assets Growth Rate was 48.00% per year. During the past 3 years, the average Total Assets Growth Rate was 44.10% per year. During the past 5 years, the average Total Assets Growth Rate was 35.40% per year.

During the past 7 years, Fengzhushou Co's highest 3-Year average Total Assets Growth Rate was 49.20%. The lowest was 32.80%. And the median was 40.20%.

Total Assets is connected with ROA %. Fengzhushou Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.18%. Total Assets is also linked to Revenue through Asset Turnover. Fengzhushou Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Fengzhushou Co Total Assets Historical Data

The historical data trend for Fengzhushou 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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Fengzhushou Co Total Assets Chart

Fengzhushou Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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523.53

605.82

895.10

1,125.69

2,048.12

Fengzhushou Co Quarterly Data
	Dec17	Dec18	Sep19	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial														1,224.19	2,136.60	2,012.92	2,048.12	2,157.34

Fengzhushou 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.

Fengzhushou 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 )
	=	1697.626	+	350.492
	=	2,048

Fengzhushou 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 )
	=	1723.297	+	434.047
	=	2,157

Fengzhushou Co (SZSE:301382) Total Assets Explanation

Total Assets is connected with ROA %.

Fengzhushou 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 )
	=	130.044	/	( (2048.118	+	2157.343)	/ 2 )
	=	130.044	/	2102.7305
	=	6.18 %

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.

Fengzhushou 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 )
=	345.94	/	( (2048.118	+	2157.343)	/ 2 )
=	345.94	/	2102.7305
=	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.

Fengzhushou Co Total Assets Related Terms

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Fengzhushou Co (SZSE:301382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Fengzhushou Co Ltd (SZSE:301382) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 660, Huangpu Avenue Middle, Room 901-909, Tianhe District, Guangdong Province, Guangzhou, CHN, 510655

Website

http://www.phone580.com

Fengzhushou Co Ltd is an Internet digital virtual commodity comprehensive service provider, mainly providing mobile Internet digital virtual commodity aggregate operation, fusion operation, distribution operation and other comprehensive operation services for customers in mobile Internet-related scenarios, and providing Internet of Things traffic access, Comprehensive solutions such as hardware solutions, scene applications, and cloud terminal solutions, and provide customized operational support services and technical services according to customer needs. It is an innovative software technology enterprise that has grown up with the development of the mobile Internet.

Executives

Luo Hong Peng	Directors, executives
Ma Da Liang	Supervisors
Ding Jing Lei	Directors, executives

Fengzhushou Co (SZSE:301382) Headlines

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