Goody Science and Technology Co (SZSE:002694) Total Assets : ¥1,351.3 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Goody Science and Technology Co Total Assets?

Goody Science and Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,351.3 Mil.

During the past 12 months, Goody Science and Technology Co's average Total Assets Growth Rate was -46.90% per year. During the past 3 years, the average Total Assets Growth Rate was -27.50% per year. During the past 5 years, the average Total Assets Growth Rate was -17.50% per year. During the past 10 years, the average Total Assets Growth Rate was -3.00% per year.

During the past 13 years, Goody Science and Technology Co's highest 3-Year average Total Assets Growth Rate was 43.30%. The lowest was -27.50%. And the median was 7.65%.

Total Assets is connected with ROA %. Goody Science and Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -6.36%. Total Assets is also linked to Revenue through Asset Turnover. Goody Science and Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Goody Science and Technology Co Total Assets Historical Data

The historical data trend for Goody Science and 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.

* Premium members only.

Goody Science and Technology Co Total Assets Chart

Goody Science and Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

2,915.77

2,472.72

2,090.13

1,826.88

1,345.02

Goody Science and 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															1,794.15	1,073.27	1,062.97	1,345.02	1,351.35

Goody Science and 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.

Goody Science and 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 )
	=	580.984	+	764.039
	=	1,345.0

Goody Science and 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 )
	=	559.029	+	792.321
	=	1,351.4

Goody Science and Technology Co (SZSE:002694) Total Assets Explanation

Total Assets is connected with ROA %.

Goody Science and 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 )
	=	-85.792	/	( (1345.023	+	1351.349)	/ 2 )
	=	-85.792	/	1348.186
	=	-6.36 %

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.

Goody Science and 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 )
=	145.508	/	( (1345.023	+	1351.349)	/ 2 )
=	145.508	/	1348.186
=	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.

Goody Science and Technology Co Total Assets Related Terms

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

Goody Science and Technology Co (SZSE:002694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Goody Science and Technology Co Ltd (SZSE:002694) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 18, Wuchu Avenue, Ezhou Economic Development Zone, Hubei Province, Ezhou, CHN, 436000

Website

http://www.goody.com.cn

Goody Science and Technology Co Ltd is engaged in manufacturing plastic pipes. The company offers products including fire hose, drain pipes, water pipes and farm tubes.

Executives

Zhang Zhen Guo	Director
Zhang Wen Fang	Executives
Xu Hui Li	Supervisors
Fu Zhi Min	Directors, executives
Wang Han Hua	Executives
Wang Hong Lin	Directors, executives
Zhao Xia	Supervisors
Lin Chang Hua	Directors, executives
Shen Peng	Directors, executives
Lin Chao Qun	Director
Sun Zhi Jun	Executives

Goody Science and Technology Co (SZSE:002694) Headlines

No Headlines