Whole Shine Medical Technology Co (SZSE:002622) Total Assets : ¥1,524.6 Mil (As of Mar. 2024)

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What is Whole Shine Medical Technology Co Total Assets?

Whole Shine Medical Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,524.6 Mil.

During the past 12 months, Whole Shine Medical Technology Co's average Total Assets Growth Rate was -7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 6.60% per year. During the past 5 years, the average Total Assets Growth Rate was -3.20% per year. During the past 10 years, the average Total Assets Growth Rate was 9.30% per year.

During the past 13 years, Whole Shine Medical Technology Co's highest 3-Year average Total Assets Growth Rate was 41.50%. The lowest was -9.80%. And the median was 9.55%.

Total Assets is connected with ROA %. Whole Shine Medical Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.20%. Total Assets is also linked to Revenue through Asset Turnover. Whole Shine Medical Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Whole Shine Medical Technology Co Total Assets Historical Data

The historical data trend for Whole Shine Medical Technology 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.

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Whole Shine Medical Technology Co Total Assets Chart

Whole Shine Medical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,751.56

1,341.81

1,792.17

1,635.41

1,535.89

Whole Shine Medical Technology 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															1,672.55	1,681.35	1,692.74	1,535.89	1,524.56

Whole Shine Medical Technology 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.

Whole Shine Medical Technology 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 )
	=	465.143	+	1070.748
	=	1,535.9

Whole Shine Medical Technology 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 )
	=	463.784	+	1060.779
	=	1,524.6

Whole Shine Medical Technology Co (SZSE:002622) Total Assets Explanation

Total Assets is connected with ROA %.

Whole Shine Medical Technology 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 )
	=	-18.292	/	( (1535.891	+	1524.564)	/ 2 )
	=	-18.292	/	1530.2275
	=	-1.20 %

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.

Whole Shine Medical Technology 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 )
=	163.504	/	( (1535.891	+	1524.564)	/ 2 )
=	163.504	/	1530.2275
=	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.

Whole Shine Medical Technology Co Total Assets Related Terms

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Whole Shine Medical Technology Co (SZSE:002622) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Whole Shine Medical Technology Co Ltd (SZSE:002622) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 98, Yingbin Road, Shiping District, Jilin Province, Jilin, CHN, 132013

Website

https://www.wholeshinemedical.com

Whole Shine Medical Technology Co Ltd is a China based company engaged in the businesses of electrical equipment, credit report big data, e-commerce big data, banking service, commercial factoring, financial leasing, and insurance brokerage service. In the electrical equipment business, the company offers electrical equipment products like Electronic control equipment, permanent magnet low-voltage switch products, permanent magnet high-voltage switch products, electronic energy meters, highway component facilities, and others.

Executives

Chen Ya Wei	Independent director
Ma Zheng Xue	Executives
Li Xiang Wen	Director
Huang Jia Hui	Directors, executives
Deng Qiang	Executives
Li Gang	Director
Lv Yong Xiang	Directors, executives
Zhao Feng	Directors, executives
Lv Lan	Secretary, Director

Whole Shine Medical Technology Co (SZSE:002622) Headlines

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