Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Total Assets : ¥3,103 Mil (As of Mar. 2024)

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What is Guangzhou Hi-Target Navigation Tech Co Total Assets?

Guangzhou Hi-Target Navigation Tech Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,103 Mil.

During the past 12 months, Guangzhou Hi-Target Navigation Tech Co's average Total Assets Growth Rate was -19.20% per year. During the past 3 years, the average Total Assets Growth Rate was -2.80% per year. During the past 5 years, the average Total Assets Growth Rate was 7.20% per year. During the past 10 years, the average Total Assets Growth Rate was 16.10% per year.

During the past 13 years, Guangzhou Hi-Target Navigation Tech Co's highest 3-Year average Total Assets Growth Rate was 58.70%. The lowest was -2.80%. And the median was 33.55%.

Total Assets is connected with ROA %. Guangzhou Hi-Target Navigation Tech Co's annualized ROA % for the quarter that ended in Mar. 2024 was -4.96%. Total Assets is also linked to Revenue through Asset Turnover. Guangzhou Hi-Target Navigation Tech Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Guangzhou Hi-Target Navigation Tech Co Total Assets Historical Data

The historical data trend for Guangzhou Hi-Target Navigation Tech 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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Guangzhou Hi-Target Navigation Tech Co Total Assets Chart

Guangzhou Hi-Target Navigation Tech Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,074.10

3,550.83

4,038.48

3,791.53

3,282.38

Guangzhou Hi-Target Navigation Tech 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															3,762.71	3,794.34	3,765.02	3,282.38	3,103.06

Guangzhou Hi-Target Navigation Tech 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.

Guangzhou Hi-Target Navigation Tech 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 )
	=	1631.085	+	1651.289
	=	3,282

Guangzhou Hi-Target Navigation Tech 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 )
	=	1585.644	+	1517.411
	=	3,103

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Total Assets Explanation

Total Assets is connected with ROA %.

Guangzhou Hi-Target Navigation Tech 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 )
	=	-158.36	/	( (3282.375	+	3103.055)	/ 2 )
	=	-158.36	/	3192.715
	=	-4.96 %

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.

Guangzhou Hi-Target Navigation Tech 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 )
=	116.373	/	( (3282.375	+	3103.055)	/ 2 )
=	116.373	/	3192.715
=	0.04

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.

Guangzhou Hi-Target Navigation Tech Co Total Assets Related Terms

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Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Guangzhou Hi-Target Navigation Tech Co Ltd (SZSE:300177) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 555, North of Panyu Road, Building 13, Tian'An Technology Zone, Panyu District, Guangzhou, CHN, 511400

Website

http://www.zhdgps.com

Guangzhou Hi-Target Navigation Tech Co Ltd is engaged in providing professional high-precision geographic instrument solutions. It offers GPS/GNSS, total stations, GIS mapping products, hydrographic surveying products, UAVs, 3D laser system instruments and BDS high-precision application products, precision agriculture products, precision machine controls and indoor localization solutions.

Executives

Liao Wen	Director
Liao Ding Hai	Directors, executives
Li Hong Jiang	Directors, executives
Huang Hong Ju	Directors, executives
Hu Wei	Executives
Ou Yang Ye Heng	Secretary, Director
Yang Xiao Juan	Executives
Chen Xiu Lan	Supervisors
Chen Ying	Supervisors
Chen Jin Hong	Securities Affairs Representative
Zhang Jin Qun	Securities Affairs Representative
Xu Feng	Directors, executives
Li Zhong Qiu	Director
Xu Jia	Director

Guangzhou Hi-Target Navigation Tech Co (SZSE:300177) Headlines

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