Beijing Watertek Information Technology Co (SZSE:300324) Total Assets : ¥5,552 Mil (As of Mar. 2024)

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What is Beijing Watertek Information Technology Co Total Assets?

Beijing Watertek Information Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,552 Mil.

During the past 12 months, Beijing Watertek Information Technology Co's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was -5.20% per year. During the past 10 years, the average Total Assets Growth Rate was 25.40% per year.

During the past 13 years, Beijing Watertek Information Technology Co's highest 3-Year average Total Assets Growth Rate was 147.60%. The lowest was -8.00%. And the median was 32.90%.

Total Assets is connected with ROA %. Beijing Watertek Information Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -3.36%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Watertek Information Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Beijing Watertek Information Technology Co Total Assets Historical Data

The historical data trend for Beijing Watertek Information 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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Beijing Watertek Information Technology Co Total Assets Chart

Beijing Watertek Information Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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7,955.31

6,700.06

6,719.70

6,130.45

5,873.30

Beijing Watertek Information 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															6,050.49	5,778.41	6,425.34	5,873.30	5,552.14

Beijing Watertek Information 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.

Beijing Watertek Information 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 )
	=	3336.759	+	2536.536
	=	5,873

Beijing Watertek Information 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 )
	=	3282.699	+	2269.442
	=	5,552

Beijing Watertek Information Technology Co (SZSE:300324) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Watertek Information 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 )
	=	-191.896	/	( (5873.295	+	5552.142)	/ 2 )
	=	-191.896	/	5712.7185
	=	-3.36 %

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.

Beijing Watertek Information 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 )
=	467.426	/	( (5873.295	+	5552.142)	/ 2 )
=	467.426	/	5712.7185
=	0.08

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.

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Beijing Watertek Information Technology Co (SZSE:300324) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Beijing Watertek Information Technology Co Ltd (SZSE:300324) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

Fengxiu Middle Street, Building No.12,Compound No.3, Haidian District, Beijing, CHN, 100094

Website

http://www.watertek.com

Beijing Watertek Information Technology Co Ltd is a China-based company engaged in the development, production, sale, and technical servicing of embedded systems primarily for defense, military, and civilian applications. The company offers embedded system testing, equipment integrated support, broadband area communication, electronic component testing, Beidou navigation system, self-controlled information products in key industries, and radio frequency hybrid-signal chip design. It is also involved in the other fields of taxation access control, smart city, and spatio-temporal big data.

Executives

Jiang Ping	Director
Xie Jun Wei	Executives
Cai Hou Fu	Directors, executives
Zhao Ting Rong	Executives
Huang Hai Tao	Directors, executives
Chen Wei Qun	Executives
Chen Jiang Tao	Director
Zhou Xiang	Executives
Zou Wei Ming	Supervisors
Liu Ming	Directors, executives
Li Ju Yong	Supervisors
Li Shao Bin	Independent director
Wang Dan	Securities Affairs Representative
Ruan Ya Zhan	Supervisors

Beijing Watertek Information Technology Co (SZSE:300324) Headlines

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