GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nanjing Comptech Composites Corp (SZSE:301591) » Definitions » Total Assets

Nanjing Comptech Composites (SZSE:301591) Total Assets : ¥933.6 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Nanjing Comptech Composites Total Assets?

Nanjing Comptech Composites's Total Assets for the quarter that ended in Sep. 2024 was ¥933.6 Mil.

During the past 12 months, Nanjing Comptech Composites's average Total Assets Growth Rate was 27.40% per year. During the past 3 years, the average Total Assets Growth Rate was 14.90% per year. During the past 5 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 8 years, Nanjing Comptech Composites's highest 3-Year average Total Assets Growth Rate was 25.20%. The lowest was 14.30%. And the median was 22.40%.

Total Assets is connected with ROA %. Nanjing Comptech Composites's annualized ROA % for the quarter that ended in Sep. 2024 was 9.14%. Total Assets is also linked to Revenue through Asset Turnover. Nanjing Comptech Composites's Asset Turnover for the quarter that ended in Sep. 2024 was 0.12.


Nanjing Comptech Composites Total Assets Historical Data

The historical data trend for Nanjing Comptech Composites'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.

Nanjing Comptech Composites Total Assets Chart

Nanjing Comptech Composites Annual Data
Trend Dec14 Dec15 Dec16 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 343.48 377.73 408.62 474.72 533.30

Nanjing Comptech Composites Quarterly Data
Dec14 Dec15 Dec16 Mar17 Dec19 Dec20 Sep21 Dec21 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 517.72 533.30 928.43 907.72 933.55

Nanjing Comptech Composites 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.

Nanjing Comptech Composites'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 )
=469.842+63.461
=533.3

Nanjing Comptech Composites'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 )
=862.027+71.527
=933.6

* 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.


Nanjing Comptech Composites  (SZSE:301591) Total Assets Explanation

Total Assets is connected with ROA %.

Nanjing Comptech Composites'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 )
=84.184/( (907.722+933.554)/ 2 )
=84.184/920.638
=9.14 %

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.

Nanjing Comptech Composites'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 )
=112.153/( (907.722+933.554)/ 2 )
=112.153/920.638
=0.12

* 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.

Nanjing Comptech Composites Total Assets Related Terms

Thank you for viewing the detailed overview of Nanjing Comptech Composites's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Nanjing Comptech Composites Business Description

Traded in Other Exchanges
N/A
Address
Tangtong Road, No. 18, Binjiang Development Zone, Jiangning District, Jiangsu Province, Nanjing, CHN, 211162
Nanjing Comptech Composites Corp research and development, production and sales of high-performance engineering plastic products and components.

Nanjing Comptech Composites Headlines

No Headlines