Long Young Electronic (Kunshan) Co (SZSE:301389) Total Assets : ¥2,323.2 Mil (As of Mar. 2024)

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What is Long Young Electronic (Kunshan) Co Total Assets?

Long Young Electronic (Kunshan) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,323.2 Mil.

During the past 12 months, Long Young Electronic (Kunshan) Co's average Total Assets Growth Rate was 58.70% per year. During the past 3 years, the average Total Assets Growth Rate was -15.40% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year.

During the past 6 years, Long Young Electronic (Kunshan) Co's highest 3-Year average Total Assets Growth Rate was 13.20%. The lowest was -15.40%. And the median was 9.70%.

Total Assets is connected with ROA %. Long Young Electronic (Kunshan) Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.08%. Total Assets is also linked to Revenue through Asset Turnover. Long Young Electronic (Kunshan) Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Long Young Electronic (Kunshan) Co Total Assets Historical Data

The historical data trend for Long Young Electronic (Kunshan) 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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Long Young Electronic (Kunshan) Co Total Assets Chart

Long Young Electronic (Kunshan) Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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393.32

577.27

780.13

2,403.25

2,307.07

Long Young Electronic (Kunshan) Co Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial											2,402.53	2,247.53	2,282.50	2,307.07	2,323.18

Long Young Electronic (Kunshan) 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.

Long Young Electronic (Kunshan) 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 )
	=	2233.119	+	73.95
	=	2,307.1

Long Young Electronic (Kunshan) 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 )
	=	2159.945	+	163.237
	=	2,323.2

Long Young Electronic (Kunshan) Co (SZSE:301389) Total Assets Explanation

Total Assets is connected with ROA %.

Long Young Electronic (Kunshan) 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 )
	=	71.232	/	( (2307.069	+	2323.182)	/ 2 )
	=	71.232	/	2315.1255
	=	3.08 %

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.

Long Young Electronic (Kunshan) 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 )
=	59.088	/	( (2307.069	+	2323.182)	/ 2 )
=	59.088	/	2315.1255
=	0.03

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.

Long Young Electronic (Kunshan) Co Total Assets Related Terms

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Long Young Electronic (Kunshan) Co (SZSE:301389) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Long Young Electronic (Kunshan) Co Ltd (SZSE:301389) » Definitions » Total Assets

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Address

No. 99, Shunchang Road, Zhoushi Town, Jiangsu Province, Kunshan, CHN, 215313

Website

https://www.longyoung.com

Long Young Electronic (Kunshan) Co Ltd is engaged in the research and development, production and sales of electromagnetic shielding materials.

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