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Hunan Sund Technological (SZSE:301548) Total Assets : ¥1,660.6 Mil (As of Mar. 2024)


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What is Hunan Sund Technological Total Assets?

Hunan Sund Technological's Total Assets for the quarter that ended in Mar. 2024 was ¥1,660.6 Mil.

During the past 12 months, Hunan Sund Technological's average Total Assets Growth Rate was 2.30% per year. During the past 3 years, the average Total Assets Growth Rate was 18.00% per year. During the past 5 years, the average Total Assets Growth Rate was 13.20% per year.

During the past 6 years, Hunan Sund Technological's highest 3-Year average Total Assets Growth Rate was 18.00%. The lowest was 5.50%. And the median was 13.40%.

Total Assets is connected with ROA %. Hunan Sund Technological's annualized ROA % for the quarter that ended in Mar. 2024 was 6.96%. Total Assets is also linked to Revenue through Asset Turnover. Hunan Sund Technological's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

Hunan Sund Technological Total Assets Historical Data

The historical data trend for Hunan Sund Technological'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.

Hunan Sund Technological Total Assets Chart

Hunan Sund Technological Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 436.65 501.86 536.99 726.31 1,646.83

Hunan Sund Technological Quarterly Data
Dec18 Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 707.85 721.98 1,616.62 1,646.83 1,660.55

Hunan Sund Technological 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.

Hunan Sund Technological'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 )
=1436.547+210.286
=1,646.8

Hunan Sund Technological'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 )
=1465.474+195.078
=1,660.6

* 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.

Hunan Sund Technological  (SZSE:301548) Total Assets Explanation

Total Assets is connected with ROA %.

Hunan Sund Technological'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 )
=115.176/( (1646.833+1660.552)/ 2 )
=115.176/1653.6925
=6.96 %

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.

Hunan Sund Technological'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 )
=114.749/( (1646.833+1660.552)/ 2 )
=114.749/1653.6925
=0.07

* 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.

Hunan Sund Technological Total Assets Related Terms

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Hunan Sund Technological (SZSE:301548) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Sund Technological Corp (SZSE:301548) » Definitions » Total Assets
Comparable Companies
SZSE:000530 SHSE:601218 SZSE:002535 SZSE:300368 SHSE:688529 SZSE:002795 SHSE:603015 SHSE:603173 SZSE:002224 SHSE:600592 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
No. 9, Chayuan Road, High-tech Zone, Hunan, Xiangtan, CHN, 411102
Website
http://www.hnsund.com
Hunan Sund Technological Corp is engaged in research & development, design, production and sales of dynamic pressure oil film sliding bearings, sales of rolling bearings and related products, etc. It is a leading bearing supplier of bearing products and integral solutions for transmission systems.

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