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Shanghai Suochen Information Technology Co (SHSE:688507) Total Equity : ¥2,874.8 Mil (As of Mar. 2024)


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What is Shanghai Suochen Information Technology Co Total Equity?

Shanghai Suochen Information Technology Co's total equity for the quarter that ended in Mar. 2024 was ¥2,874.8 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.


Shanghai Suochen Information Technology Co Total Equity Historical Data

The historical data trend for Shanghai Suochen Information Technology Co's Total Equity 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.

Shanghai Suochen Information Technology Co Total Equity Chart

Shanghai Suochen Information Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Equity
271.81 303.44 473.47 526.59 2,920.16

Shanghai Suochen Information Technology Co Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 506.93 2,804.24 2,799.20 2,920.16 2,874.84

Shanghai Suochen Information Technology Co Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Shanghai Suochen Information Technology Co's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=3087.416-167.254
=2,920.2

Shanghai Suochen Information Technology Co's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity=Total Assets(Q: Mar. 2024 )-Total Liabilities(Q: Mar. 2024 )
=2999.207-124.367
=2,874.8

* 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.


Shanghai Suochen Information Technology Co Total Equity Related Terms

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Shanghai Suochen Information Technology Co (SHSE:688507) Business Description

Traded in Other Exchanges
N/A
Address
No. 27, Xinjinqiao Road, 2F, Building No. 13, China (Shanghai) Pilot Free Trade Zone, Shanghai, CHN, 201206
Shanghai Suochen Information Technology Co Ltd takes simulation to lead the future, achieve customer innovation as its corporate vision, and develops engineering simulation software and related solutions independently. Suochen Technology is a high-tech enterprise focusing on CAE software R&D, sales and service. Computer Aided Engineering (CAE) refers to the use of computer software to simulate the working status and behavior of products/engineering projects based on physical models in the product/engineering design stage to predict their functional availability, reliability, efficiency and safety. performance, etc., to achieve product/engineering design optimization, to ensure that the product/project achieves the expected function and meets various performance indicators.

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