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Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Total Assets : ¥988.5 Mil (As of Mar. 2024)


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What is Hangzhou Huaxing Chuangye Communication Technology Co Total Assets?

Hangzhou Huaxing Chuangye Communication Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥988.5 Mil.

During the past 12 months, Hangzhou Huaxing Chuangye Communication Technology Co's average Total Assets Growth Rate was 12.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.20% per year. During the past 5 years, the average Total Assets Growth Rate was -16.90% per year. During the past 10 years, the average Total Assets Growth Rate was -9.40% per year.

During the past 13 years, Hangzhou Huaxing Chuangye Communication Technology Co's highest 3-Year average Total Assets Growth Rate was 127.20%. The lowest was -31.40%. And the median was 34.50%.

Total Assets is connected with ROA %. Hangzhou Huaxing Chuangye Communication Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -5.23%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Huaxing Chuangye Communication Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Hangzhou Huaxing Chuangye Communication Technology Co Total Assets Historical Data

The historical data trend for Hangzhou Huaxing Chuangye Communication 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.

Hangzhou Huaxing Chuangye Communication Technology Co Total Assets Chart

Hangzhou Huaxing Chuangye Communication Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,612.17 959.81 807.37 937.47 1,006.50

Hangzhou Huaxing Chuangye Communication 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 945.20 931.06 955.66 1,006.50 988.48

Hangzhou Huaxing Chuangye Communication 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.

Hangzhou Huaxing Chuangye Communication 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 )
=670.528+335.975
=1,006.5

Hangzhou Huaxing Chuangye Communication 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 )
=659.769+328.712
=988.5

* 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.

Hangzhou Huaxing Chuangye Communication Technology Co  (SZSE:300025) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Huaxing Chuangye Communication 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 )
=-52.208/( (1006.503+988.481)/ 2 )
=-52.208/997.492
=-5.23 %

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.

Hangzhou Huaxing Chuangye Communication 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 )
=159.062/( (1006.503+988.481)/ 2 )
=159.062/997.492
=0.16

* 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.

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.

Hangzhou Huaxing Chuangye Communication Technology Co Total Assets Related Terms

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Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Hangzhou Huaxing Chuangye Communication Technology Co Ltd (SZSE:300025) » Definitions » Total Assets
Comparable Companies
SZSE:301139 SZSE:300560 SZSE:300299 SZSE:300921 SZSE:002148 SZSE:301380 SZSE:300766 SHSE:603602 SZSE:002467 SZSE:300959 SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433
Traded in Other Exchanges
N/A
Address
No. 500, Jucai Road, Changhe Street, Binjiang District, Zhejiang, Hangzhou, CHN, 310052
Website
http://www.hxcy.com.cn
Hangzhou Huaxing Chuangye Communication Technology Co Ltd is engaged in providing mobile communication technology services and internet data services. The service provided by the company include mobile communication networks, engineering construction, room division engineering, network foundation generation, and network evaluation and optimization.
Executives
Xia Jian Miao Supervisors
Zhang Min Executives
Shou Zou Independent director
Bao Hang Directors, Directors, and Executives
Cheng Xiao Yan Director
Qu Zhen Sheng Directors, executives
Chen Jin Guang Directors, executives
Li Hua Executives
Du Guang Ming Supervisors
Huang Bo Supervisors
Zhou You Executives
Liu Han Supervisors

Hangzhou Huaxing Chuangye Communication Technology Co (SZSE:300025) Headlines

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