Joyware Electronics Co (SZSE:300270) Total Assets : ¥953.9 Mil (As of Mar. 2024)

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What is Joyware Electronics Co Total Assets?

Joyware Electronics Co's Total Assets for the quarter that ended in Mar. 2024 was ¥953.9 Mil.

During the past 12 months, Joyware Electronics Co's average Total Assets Growth Rate was -6.60% per year. During the past 3 years, the average Total Assets Growth Rate was -0.60% per year. During the past 5 years, the average Total Assets Growth Rate was -6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 13 years, Joyware Electronics Co's highest 3-Year average Total Assets Growth Rate was 82.90%. The lowest was -9.80%. And the median was 31.80%.

Total Assets is connected with ROA %. Joyware Electronics 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. Joyware Electronics Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Joyware Electronics Co Total Assets Historical Data

The historical data trend for Joyware Electronics 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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Joyware Electronics Co Total Assets Chart

Joyware Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,319.31

1,080.70

990.34

1,115.83

970.22

Joyware Electronics 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															1,061.31	1,017.36	980.46	970.22	953.86

Joyware Electronics 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.

Joyware Electronics 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 )
	=	661.79	+	308.434
	=	970.2

Joyware Electronics 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 )
	=	668.479	+	285.38
	=	953.9

Joyware Electronics Co (SZSE:300270) Total Assets Explanation

Total Assets is connected with ROA %.

Joyware Electronics 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 )
	=	-11.528	/	( (970.224	+	953.859)	/ 2 )
	=	-11.528	/	962.0415
	=	-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.

Joyware Electronics 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 )
=	28.428	/	( (970.224	+	953.859)	/ 2 )
=	28.428	/	962.0415
=	0.03

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.

Joyware Electronics Co Total Assets Related Terms

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Joyware Electronics Co (SZSE:300270) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Joyware Electronics Co Ltd (SZSE:300270) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No.1819 Xixing Road, 19th, Joyware Building, Hangzhou, CHN, 310051

Website

http://www.joyware.com

Joyware Electronics Co Ltd is a Chinese company engaged in providing digital video network monitoring solutions for highways, financial centers, safe cities, boutiques, supermarkets, and apartments. Its products include dome cameras, bullet cameras, fisheye cameras, PTZ cameras, license cameras, and starlight cameras; industrial Ethernet switches, optical transceivers, and wireless products; and storage products, such as NVR and DVR products. In addition, the company also offers OEM and ODM service to various security product companies. The company sells its products in China and other international countries.

Executives

Shi Xu Gang	Director
Zhu Wei Ping	Directors, executives
Shi Gu Chen	Director
Hu Zhi Shui	Executives
Xu Zao Jin	Directors, executives
Zhu Guang Xin	Executives
He Shan Shan	Director
Zhu Dong Yu	Supervisors
Zhang Liang Zhong	Directors, Directors, and Executives

Joyware Electronics Co (SZSE:300270) Headlines

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