Decheng Technology AG (FRA:3330) Total Assets : €0.91 Mil (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Decheng Technology AG Total Assets?

Decheng Technology AG's Total Assets for the quarter that ended in Dec. 2023 was €0.91 Mil.

During the past 12 months, Decheng Technology AG's average Total Assets Growth Rate was -95.90% per year. During the past 3 years, the average Total Assets Growth Rate was -87.40% per year.

During the past 5 years, Decheng Technology AG's highest 3-Year average Total Assets Growth Rate was -62.50%. The lowest was -87.40%. And the median was -74.95%.

Total Assets is connected with ROA %. Decheng Technology AG's annualized ROA % for the quarter that ended in Dec. 2023 was -31.08%. Total Assets is also linked to Revenue through Asset Turnover. Decheng Technology AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.00.

Decheng Technology AG Total Assets Historical Data

The historical data trend for Decheng Technology AG'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.

Decheng Technology AG Total Assets Chart

Decheng Technology AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec23

Total Assets

43.87

52.83

33.26

0.64

0.91

Decheng Technology AG Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Mar20	Sep20	Mar21	Sep21	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial										1.14	1.18	1.15	1.06	0.91

Decheng Technology AG 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.

Decheng Technology AG'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 )
	=	0.578	+	0.335
	=	0.91

Decheng Technology AG's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	0.578	+	0.335
	=	0.91

Decheng Technology AG (FRA:3330) Total Assets Explanation

Total Assets is connected with ROA %.

Decheng Technology AG's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-0.306	/	( (1.056	+	0.913)	/ 2 )
	=	-0.306	/	0.9845
	=	-31.08 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Decheng Technology AG's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	0	/	( (1.056	+	0.913)	/ 2 )
=	0	/	0.9845
=	0.00

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.

Decheng Technology AG Total Assets Related Terms

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

Decheng Technology AG (FRA:3330) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Decheng Technology AG (FRA:3330) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ziegelhauser Landstrasse 3, Heidelberg, DEU, 69120

Website

https://www.decheng-ag.de

Decheng Technology AG is engaged in the research and development, production and marketing of polyurethane resin and related additives in the People's Republic of China. The company's product profile includes Textile Applications, Leather Applications, Magnetic Absorber Material, and others. Its core product is classified into six categories namely Two liquid type polyurethane resin for dry fabrics, Polyurethane produces by the wet winding technology, Polyurethane resin for fiberic coating, Single liquid type polyurethane resin for dry fabrics, Coating additives, and Magnetic absorption polyurethane resin. The Polyurethane resin for fiberic coating generates maximum revenue for the company.

Decheng Technology AG (FRA:3330) Headlines

No Headlines