Cubic Digital Technology Co (SZSE:300344) Total Assets : ¥489.9 Mil (As of Mar. 2024)

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

What is Cubic Digital Technology Co Total Assets?

Cubic Digital Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥489.9 Mil.

During the past 12 months, Cubic Digital Technology Co's average Total Assets Growth Rate was -27.20% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was -11.10% per year. During the past 10 years, the average Total Assets Growth Rate was -5.60% per year.

During the past 13 years, Cubic Digital Technology Co's highest 3-Year average Total Assets Growth Rate was 55.00%. The lowest was -29.20%. And the median was 9.40%.

Total Assets is connected with ROA %. Cubic Digital Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -12.35%. Total Assets is also linked to Revenue through Asset Turnover. Cubic Digital Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Cubic Digital Technology Co Total Assets Historical Data

The historical data trend for Cubic Digital 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.

Cubic Digital Technology Co Total Assets Chart

Cubic Digital Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

995.35

478.31

888.81

723.98

524.66

Cubic Digital 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															662.63	635.05	602.65	524.66	489.90

Cubic Digital 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.

Cubic Digital 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 )
	=	378.518	+	146.143
	=	524.7

Cubic Digital 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 )
	=	363.813	+	126.086
	=	489.9

Cubic Digital Technology Co (SZSE:300344) Total Assets Explanation

Total Assets is connected with ROA %.

Cubic Digital 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 )
	=	-62.652	/	( (524.662	+	489.899)	/ 2 )
	=	-62.652	/	507.2805
	=	-12.35 %

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.

Cubic Digital 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 )
=	30.822	/	( (524.662	+	489.899)	/ 2 )
=	30.822	/	507.2805
=	0.06

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.

Cubic Digital Technology Co Total Assets Related Terms

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

Cubic Digital Technology Co (SZSE:300344) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Cubic Digital Technology Co Ltd (SZSE:300344) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12th Floor, Building 3, No. 1, Zhonghe Road, Fengtai District, Qiaonan, Beijing, CHN, 100070

Website

http://www.taikongintel.com

Cubic Digital Technology Co Ltd formerly Taikong Intelligent Construction Co Ltd is a China based company operates in the construction industry. It is committed to intelligent construction services, technology development, technical services, technology transfer, engineering technology consulting and system integration; software development and technical services. The product offered by the group include Composite core roof panel, Grid plate, Light board, 9m column distance, Industrial wall panel and others.

Executives

Li Zheng Chao	Executives
Fan Li	Directors, executives
Fan Zhi	Director
Zhao Huan	Supervisors
Lu Geng Sheng	Executives
Wang Quan	Directors, executives
Qian Wei Hua	Executives
Yang Kun	Supervisors
Zhang Zuo Ling	Executives

Cubic Digital Technology Co (SZSE:300344) Headlines

No Headlines