National Silicon Industry Group Co (SHSE:688126) Total Assets : ¥26,983 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is National Silicon Industry Group Co Total Assets?

National Silicon Industry Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥26,983 Mil.

During the past 12 months, National Silicon Industry Group Co's average Total Assets Growth Rate was 17.50% per year. During the past 3 years, the average Total Assets Growth Rate was 19.90% per year. During the past 5 years, the average Total Assets Growth Rate was 26.60% per year.

During the past 8 years, National Silicon Industry Group Co's highest 3-Year average Total Assets Growth Rate was 35.40%. The lowest was 19.90%. And the median was 34.10%.

Total Assets is connected with ROA %. National Silicon Industry Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was -2.82%. Total Assets is also linked to Revenue through Asset Turnover. National Silicon Industry Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

National Silicon Industry Group Co Total Assets Historical Data

The historical data trend for National Silicon Industry Group 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.

National Silicon Industry Group Co Total Assets Chart

National Silicon Industry Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

9,963.24

14,540.37

16,256.71

25,462.61

29,031.76

National Silicon Industry Group 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															25,855.58	26,697.13	26,650.12	29,031.76	26,982.75

National Silicon Industry Group 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.

National Silicon Industry Group 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 )
	=	20505.321	+	8526.434
	=	29,032

National Silicon Industry Group 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 )
	=	18657.585	+	8325.161
	=	26,983

National Silicon Industry Group Co (SHSE:688126) Total Assets Explanation

Total Assets is connected with ROA %.

National Silicon Industry Group 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 )
	=	-790.876	/	( (29031.756	+	26982.746)	/ 2 )
	=	-790.876	/	28007.251
	=	-2.82 %

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.

National Silicon Industry Group 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 )
=	724.803	/	( (29031.756	+	26982.746)	/ 2 )
=	724.803	/	28007.251
=	0.03

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.

National Silicon Industry Group Co Total Assets Related Terms

Thank you for viewing the detailed overview of National Silicon Industry Group Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

National Silicon Industry Group Co (SHSE:688126) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » National Silicon Industry Group Co Ltd (SHSE:688126) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 865 Changning Road, 4th Floor, Building 5, Shanghai, CHN, 200050

Website

http://www.nsig.com

National Silicon Industry Group was founded in 2015 after reorganizing several smaller silicon producers. Its major subsidiaries are Zing Semiconductor and Simgui domestically, and Okmetic in Finland. The company had an annual production capacity of 9 million wafers at the end of 2022. NSIG holds a 9% stake in France-based Soitec, which is both a supplier and a customer. NSIG is headquartered in Shanghai, China and employs over 2,400 people.

Executives

Qiu Ci Yun	Directors, senior managers
Huang Yan	senior management
Li Wei	Senior management, core technical personnel
	Senior management, core technical personnel

National Silicon Industry Group Co (SHSE:688126) Headlines

No Headlines