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G Tech Technology (SZSE:301503) Total Assets : ¥1,549 Mil (As of Sep. 2024)


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What is G Tech Technology Total Assets?

G Tech Technology's Total Assets for the quarter that ended in Sep. 2024 was ¥1,549 Mil.

Warning Sign:

If a company builds assets at 21.9% a year, faster than its revenue growth rate of 13.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, G Tech Technology's average Total Assets Growth Rate was 120.00% per year. During the past 3 years, the average Total Assets Growth Rate was 20.10% per year. During the past 5 years, the average Total Assets Growth Rate was 21.90% per year.

During the past 10 years, G Tech Technology's highest 3-Year average Total Assets Growth Rate was 37.60%. The lowest was 18.30%. And the median was 22.40%.

Total Assets is connected with ROA %. G Tech Technology's annualized ROA % for the quarter that ended in Sep. 2024 was 6.73%. Total Assets is also linked to Revenue through Asset Turnover. G Tech Technology's Asset Turnover for the quarter that ended in Sep. 2024 was 0.28.


G Tech Technology Total Assets Historical Data

The historical data trend for G Tech Technology'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.

G Tech Technology Total Assets Chart

G Tech Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 466.82 681.04 828.05 749.49 1,322.51

G Tech Technology Quarterly Data
Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Mar21 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 Premium Member Only Premium Member Only 1,283.66 1,322.51 1,351.38 1,423.82 1,548.74

G Tech Technology 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.

G Tech Technology'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 )
=992.502+330.007
=1,323

G Tech Technology'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 )
=1016.705+532.038
=1,549

* 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.


G Tech Technology  (SZSE:301503) Total Assets Explanation

Total Assets is connected with ROA %.

G Tech Technology'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 )
=100.024/( (1423.819+1548.743)/ 2 )
=100.024/1486.281
=6.73 %

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.

G Tech Technology'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 )
=419.007/( (1423.819+1548.743)/ 2 )
=419.007/1486.281
=0.28

* 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.

G Tech Technology Total Assets Related Terms

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G Tech Technology Business Description

Traded in Other Exchanges
N/A
Address
Jinyuan 1st Road, Factory Building No. 8, Tangjiawan Town, High-tech Zone, Guangdong, Zhuhai, CHN, 519000
G Tech Technology Ltd is engaged in Research and development, production and sales of computer peripheral products such as keyboards and mice.

G Tech Technology Headlines

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