Sichuan Joyou Digital Technologies Co (SZSE:301172) Total Assets : ¥1,762.2 Mil (As of Mar. 2024)

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What is Sichuan Joyou Digital Technologies Co Total Assets?

Sichuan Joyou Digital Technologies Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,762.2 Mil.

During the past 12 months, Sichuan Joyou Digital Technologies Co's average Total Assets Growth Rate was -8.00% per year. During the past 3 years, the average Total Assets Growth Rate was 6.50% per year. During the past 5 years, the average Total Assets Growth Rate was 13.70% per year.

During the past 10 years, Sichuan Joyou Digital Technologies Co's highest 3-Year average Total Assets Growth Rate was 103.00%. The lowest was 6.50%. And the median was 49.70%.

Total Assets is connected with ROA %. Sichuan Joyou Digital Technologies Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.06%. Total Assets is also linked to Revenue through Asset Turnover. Sichuan Joyou Digital Technologies Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Sichuan Joyou Digital Technologies Co Total Assets Historical Data

The historical data trend for Sichuan Joyou Digital Technologies 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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Sichuan Joyou Digital Technologies Co Total Assets Chart

Sichuan Joyou Digital Technologies Co Annual Data

Trend

Dec13

Dec14

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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537.33

785.17

969.83

917.11

1,786.08

Sichuan Joyou Digital Technologies Co Quarterly Data
	Dec14	Dec16	Dec17	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															870.64	837.38	1,774.73	1,786.08	1,762.22

Sichuan Joyou Digital Technologies 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.

Sichuan Joyou Digital Technologies 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 )
	=	1447.993	+	338.091
	=	1,786.1

Sichuan Joyou Digital Technologies 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 )
	=	1457.143	+	305.071
	=	1,762.2

Sichuan Joyou Digital Technologies Co (SZSE:301172) Total Assets Explanation

Total Assets is connected with ROA %.

Sichuan Joyou Digital Technologies 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 )
	=	36.6	/	( (1786.084	+	1762.215)	/ 2 )
	=	36.6	/	1774.1495
	=	2.06 %

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.

Sichuan Joyou Digital Technologies 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 )
=	55.079	/	( (1786.084	+	1762.215)	/ 2 )
=	55.079	/	1774.1495
=	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.

Sichuan Joyou Digital Technologies Co Total Assets Related Terms

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Sichuan Joyou Digital Technologies Co (SZSE:301172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sichuan Joyou Digital Technologies Co Ltd (SZSE:301172) » Definitions » Total Assets

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Address

No. 288, Tianfu 3rd Street, Chengdu High-tech Zone, No. 2-7, 12th Floor, 13th Floor, Building 1, China (Sichuan) Pilot Free Trade Zone, Chengdu, CHN, 610094

Website

http://www.joyoudigital.com

Sichuan Joyou Digital Technologies Co Ltd is a professional smart city comprehensive solution provider. Its main business is to provide products and services such as system integration services, operation and maintenance services, and self-developed product sales for customers in the smart city field. The company mainly adopts new-generation information application technologies such as the Internet of Things, cloud computing, big data, artificial intelligence, and BIM to provide customers with a smart city industry that integrates application software customization development and intelligent and information system integration services Comprehensive solutions.

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