Shenzhen EXC-LED Technology Co (SZSE:300889) Total Assets : ¥2,593 Mil (As of Mar. 2024)

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What is Shenzhen EXC-LED Technology Co Total Assets?

Shenzhen EXC-LED Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,593 Mil.

During the past 12 months, Shenzhen EXC-LED Technology Co's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 27.70% per year. During the past 5 years, the average Total Assets Growth Rate was 35.30% per year.

During the past 8 years, Shenzhen EXC-LED Technology Co's highest 3-Year average Total Assets Growth Rate was 51.90%. The lowest was 27.70%. And the median was 37.00%.

Total Assets is connected with ROA %. Shenzhen EXC-LED Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -5.25%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen EXC-LED Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Shenzhen EXC-LED Technology Co Total Assets Historical Data

The historical data trend for Shenzhen EXC-LED 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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Shenzhen EXC-LED Technology Co Total Assets Chart

Shenzhen EXC-LED Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,025.99

2,266.79

2,659.60

2,658.54

2,750.50

Shenzhen EXC-LED 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															2,679.57	2,610.63	2,791.62	2,750.50	2,592.83

Shenzhen EXC-LED 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.

Shenzhen EXC-LED 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 )
	=	1639.912	+	1110.585
	=	2,750

Shenzhen EXC-LED 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 )
	=	1601.645	+	991.183
	=	2,593

Shenzhen EXC-LED Technology Co (SZSE:300889) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen EXC-LED 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 )
	=	-140.164	/	( (2750.497	+	2592.828)	/ 2 )
	=	-140.164	/	2671.6625
	=	-5.25 %

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.

Shenzhen EXC-LED 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 )
=	171.343	/	( (2750.497	+	2592.828)	/ 2 )
=	171.343	/	2671.6625
=	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.

Shenzhen EXC-LED Technology Co Total Assets Related Terms

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Shenzhen EXC-LED Technology Co (SZSE:300889) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen EXC-LED Technology Co Ltd (SZSE:300889) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.11 Songgang Avenue, Songgang Street, Building 1, Jiancang Science and Technology Park, Baoan District, Guangdong, Shenzhen, CHN, 518105

Website

https://www.exc-led.com

Shenzhen EXC-LED Technology Co Ltd research and development, production and sales of landscape lighting intelligent control systems and LED landscape lighting lamps.

Executives

Chen Jian Bo

Supervisors

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