Asymchem Laboratories Tianjin Co (SZSE:002821) Total Assets : ¥19,841 Mil (As of Mar. 2024)

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What is Asymchem Laboratories Tianjin Co Total Assets?

Asymchem Laboratories Tianjin Co's Total Assets for the quarter that ended in Mar. 2024 was ¥19,841 Mil.

During the past 12 months, Asymchem Laboratories Tianjin Co's average Total Assets Growth Rate was 7.10% per year. During the past 3 years, the average Total Assets Growth Rate was 28.60% per year. During the past 5 years, the average Total Assets Growth Rate was 37.90% per year. During the past 10 years, the average Total Assets Growth Rate was 34.30% per year.

During the past 13 years, Asymchem Laboratories Tianjin Co's highest 3-Year average Total Assets Growth Rate was 49.50%. The lowest was 8.70%. And the median was 31.65%.

Total Assets is connected with ROA %. Asymchem Laboratories Tianjin Co's annualized ROA % for the quarter that ended in Mar. 2024 was 5.70%. Total Assets is also linked to Revenue through Asset Turnover. Asymchem Laboratories Tianjin Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

Asymchem Laboratories Tianjin Co Total Assets Historical Data

The historical data trend for Asymchem Laboratories Tianjin 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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Asymchem Laboratories Tianjin Co Total Assets Chart

Asymchem Laboratories Tianjin Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,758.74

7,181.57

15,156.30

18,239.27

19,767.16

Asymchem Laboratories Tianjin 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															18,546.76	19,196.90	19,764.23	19,767.16	19,841.42

Asymchem Laboratories Tianjin 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.

Asymchem Laboratories Tianjin 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 )
	=	17509.979	+	2257.18
	=	19,767

Asymchem Laboratories Tianjin 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 )
	=	17606.959	+	2234.465
	=	19,841

Asymchem Laboratories Tianjin Co (SZSE:002821) Total Assets Explanation

Total Assets is connected with ROA %.

Asymchem Laboratories Tianjin 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 )
	=	1127.88	/	( (19767.159	+	19841.423)	/ 2 )
	=	1127.88	/	19804.291
	=	5.70 %

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.

Asymchem Laboratories Tianjin 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 )
=	1399.808	/	( (19767.159	+	19841.423)	/ 2 )
=	1399.808	/	19804.291
=	0.07

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.

Asymchem Laboratories Tianjin Co Total Assets Related Terms

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Asymchem Laboratories Tianjin Co (SZSE:002821) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Asymchem Laboratories Tianjin Co Ltd (SZSE:002821) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

06821:Hong Kong 7K90:Germany

Address

No. 6 Dongting Third Street, Economic and Technological Development Zone, Tianjin, CHN, 300457

Website

https://www.asymchem.com

Asymchem Laboratories Tianjin Co Ltd is a China-based company, a technology-driven provider of Contract Development Manufacture Organization solutions throughout the drug development and manufacturing process. The Group provides clinical-stage CDMO solutions, commercial-stage CDMO solutions, and emerging services. Its operations relate to contract development and manufacturing which focuses on innovation and commercial application of global pharmaceutical technology.

Executives

Xiao Yi	Executives
Xu Xiang Ke	Directors, executives
Zhou Yan	Executives
Chen Chao Yong	Executives
Huang Xiao Lian	Executives
Yang Jing	Director
	Executives

Asymchem Laboratories Tianjin Co (SZSE:002821) Headlines

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