Shengkai Innovations (Shengkai Innovations) Total Assets : $141.08 Mil (As of Mar. 2013)

Shengkai Innovations Total Assets Chart

Shengkai Innovations Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Total Assets	Get a 7-Day Free Trial															142.97	143.60	142.98	142.00	141.08

Shengkai Innovations 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.

Shengkai Innovations's Total Assets for the fiscal year that ended in Jun. 2012 is calculated as

Shengkai Innovations's Total Assets for the quarter that ended in Mar. 2013 is calculated as

* 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.

Shengkai Innovations  (OTCPK:VALV) Total Assets Explanation

Total Assets is connected with ROA %.

Shengkai Innovations's annualized ROA % for the quarter that ended in Mar. 2013 is

Note: The Net Income data used here is four times the quarterly (Mar. 2013) 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.

Shengkai Innovations's Asset Turnover for the quarter that ended in Mar. 2013 is

* 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.

Shengkai Innovations Total Assets Related Terms

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

Shengkai Innovations (Shengkai Innovations) Business Description