Hangzhou Chang Chuan Technology Co (SZSE:300604) Total Assets : ¥5,902 Mil (As of Mar. 2024)

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What is Hangzhou Chang Chuan Technology Co Total Assets?

Hangzhou Chang Chuan Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,902 Mil.

During the past 12 months, Hangzhou Chang Chuan Technology Co's average Total Assets Growth Rate was 29.70% per year. During the past 3 years, the average Total Assets Growth Rate was 51.60% per year. During the past 5 years, the average Total Assets Growth Rate was 56.90% per year. During the past 10 years, the average Total Assets Growth Rate was 61.50% per year.

During the past 12 years, Hangzhou Chang Chuan Technology Co's highest 3-Year average Total Assets Growth Rate was 86.20%. The lowest was 48.20%. And the median was 55.30%.

Total Assets is connected with ROA %. Hangzhou Chang Chuan Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.28%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Chang Chuan Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Hangzhou Chang Chuan Technology Co Total Assets Historical Data

The historical data trend for Hangzhou Chang Chuan 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.

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Hangzhou Chang Chuan Technology Co Total Assets Chart

Hangzhou Chang Chuan Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,321.22

1,878.13

3,318.70

4,691.25

5,901.58

Hangzhou Chang Chuan 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															4,608.04	5,003.20	5,557.79	5,901.58	5,902.40

Hangzhou Chang Chuan 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 Chang Chuan 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 )
	=	3470.31	+	2431.275
	=	5,902

Hangzhou Chang Chuan 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 )
	=	3494.16	+	2408.236
	=	5,902

Hangzhou Chang Chuan Technology Co (SZSE:300604) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Chang Chuan 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 )
	=	16.3	/	( (5901.584	+	5902.396)	/ 2 )
	=	16.3	/	5901.99
	=	0.28 %

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 Chang Chuan 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 )
=	559.387	/	( (5901.584	+	5902.396)	/ 2 )
=	559.387	/	5901.99
=	0.09

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 Chang Chuan Technology Co Total Assets Related Terms

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Hangzhou Chang Chuan Technology Co (SZSE:300604) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Hangzhou Chang Chuan Technology Co Ltd (SZSE:300604) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 799 Jiangshu Road, Building No.3, 1st-2nd Floor and 3rd, 4th and 5th Floor A units, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hzcctech.com

Hangzhou Chang Chuan Technology Co Ltd is a China based company engaged in the research and development, production and sales of integrated circuit equipment. Its product portfolio comprises of two product lines, namely Automatic sorting system and Test systems, to carry out research and development work. The Test systems product line comprises of CTA8280, CTT3280, CTT3600, CTT1000, and CTT3320. The Automatic sorting system comprises C1 series, C2 series, C3Q series, C7100/400, and C8 series, among others.

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