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Keystone Electrical (Zhejiang) Co (SZSE:301448) Total Assets : ¥847.7 Mil (As of Sep. 2024)


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What is Keystone Electrical (Zhejiang) Co Total Assets?

Keystone Electrical (Zhejiang) Co's Total Assets for the quarter that ended in Sep. 2024 was ¥847.7 Mil.

During the past 12 months, Keystone Electrical (Zhejiang) Co's average Total Assets Growth Rate was 45.90% per year. During the past 3 years, the average Total Assets Growth Rate was 0.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.50% per year.

During the past 6 years, Keystone Electrical (Zhejiang) Co's highest 3-Year average Total Assets Growth Rate was 18.10%. The lowest was 0.40%. And the median was 8.20%.

Total Assets is connected with ROA %. Keystone Electrical (Zhejiang) Co's annualized ROA % for the quarter that ended in Sep. 2024 was 9.33%. Total Assets is also linked to Revenue through Asset Turnover. Keystone Electrical (Zhejiang) Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.26.


Keystone Electrical (Zhejiang) Co Total Assets Historical Data

The historical data trend for Keystone Electrical (Zhejiang) 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.

Keystone Electrical (Zhejiang) Co Total Assets Chart

Keystone Electrical (Zhejiang) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 304.41 412.29 444.82 460.43 831.83

Keystone Electrical (Zhejiang) Co Quarterly Data
Dec18 Dec19 Dec20 Jun21 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 778.85 831.83 823.27 834.20 847.74

Keystone Electrical (Zhejiang) 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.

Keystone Electrical (Zhejiang) 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 )
=658.518+173.315
=831.8

Keystone Electrical (Zhejiang) Co'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 )
=691.653+156.091
=847.7

* 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.


Keystone Electrical (Zhejiang) Co  (SZSE:301448) Total Assets Explanation

Total Assets is connected with ROA %.

Keystone Electrical (Zhejiang) Co'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 )
=78.424/( (834.197+847.744)/ 2 )
=78.424/840.9705
=9.33 %

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.

Keystone Electrical (Zhejiang) Co'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 )
=214.63/( (834.197+847.744)/ 2 )
=214.63/840.9705
=0.26

* 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.

Keystone Electrical (Zhejiang) Co Total Assets Related Terms

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Keystone Electrical (Zhejiang) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 1158, Longgan South Street, Wucheng District, Zhejiang Province, Jinhua, CHN, 321025
Keystone Electrical (Zhejiang) Co Ltd is engaged in the research and development, design, production, sales and trade of hand-held electric tools and core components.

Keystone Electrical (Zhejiang) Co Headlines

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