Guangdong HEC Technology Holding Co (SHSE:600673) Total Assets : ¥26,155 Mil (As of Mar. 2024)

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What is Guangdong HEC Technology Holding Co Total Assets?

Guangdong HEC Technology Holding Co's Total Assets for the quarter that ended in Mar. 2024 was ¥26,155 Mil.

During the past 12 months, Guangdong HEC Technology Holding Co's average Total Assets Growth Rate was 7.20% per year. During the past 3 years, the average Total Assets Growth Rate was -2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 0.70% per year. During the past 10 years, the average Total Assets Growth Rate was 9.80% per year.

During the past 13 years, Guangdong HEC Technology Holding Co's highest 3-Year average Total Assets Growth Rate was 142.00%. The lowest was -13.50%. And the median was 7.05%.

Total Assets is connected with ROA %. Guangdong HEC Technology Holding Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.55%. Total Assets is also linked to Revenue through Asset Turnover. Guangdong HEC Technology Holding Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Guangdong HEC Technology Holding Co Total Assets Historical Data

The historical data trend for Guangdong HEC Technology Holding Co'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.

Guangdong HEC Technology Holding Co Total Assets Chart

Guangdong HEC Technology Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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26,407.07

27,842.83

22,156.12

24,492.35

24,951.87

Guangdong HEC Technology Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															24,474.18	25,484.94	25,808.95	24,951.87	26,154.52

Guangdong HEC Technology Holding Co 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.

Guangdong HEC Technology Holding Co'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 )
	=	10143.492	+	14808.378
	=	24,952

Guangdong HEC Technology Holding Co'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 )
	=	10256.524	+	15898
	=	26,155

Guangdong HEC Technology Holding Co (SHSE:600673) Total Assets Explanation

Total Assets is connected with ROA %.

Guangdong HEC Technology Holding Co'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 )
	=	395.048	/	( (24951.87	+	26154.524)	/ 2 )
	=	395.048	/	25553.197
	=	1.55 %

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.

Guangdong HEC Technology Holding Co'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 )
=	2829.631	/	( (24951.87	+	26154.524)	/ 2 )
=	2829.631	/	25553.197
=	0.11

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.

Guangdong HEC Technology Holding Co Total Assets Related Terms

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Guangdong HEC Technology Holding Co (SHSE:600673) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangdong HEC Technology Holding Co Ltd (SHSE:600673) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Fifth Industrial Zone, Shangsha Village, Chang'an Town, Guangdong Province, Dongguan, CHN, 523871

Website

http://www.tech.hec.cn

Guangdong HEC Technology Holding Co Ltd is engaged in the manufacture and distribution of electronic materials and alloy materials. The company's products consist of electronic foils, hydrophilic foil, electronic light foil, capacitors, magnetic materials, electronic aluminum, and others.

Executives

Zhang Yu Shuai	Director
Zhang Hong Wei	Director
Tang Xin Fa	Director
Chen Tie Sheng	Director
Wang Zhen	Director
Zhang Gao Shan	Supervisors

Guangdong HEC Technology Holding Co (SHSE:600673) Headlines

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