Suzhou TFC Optical Communications Co (SZSE:300394) Total Assets : ¥4,183 Mil (As of Mar. 2024)

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What is Suzhou TFC Optical Communications Co Total Assets?

Suzhou TFC Optical Communications Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,183 Mil.

During the past 12 months, Suzhou TFC Optical Communications Co's average Total Assets Growth Rate was 39.50% per year. During the past 3 years, the average Total Assets Growth Rate was 9.50% per year. During the past 5 years, the average Total Assets Growth Rate was 7.10% per year. During the past 10 years, the average Total Assets Growth Rate was 21.40% per year.

During the past 13 years, Suzhou TFC Optical Communications Co's highest 3-Year average Total Assets Growth Rate was 46.30%. The lowest was 2.80%. And the median was 25.20%.

Total Assets is connected with ROA %. Suzhou TFC Optical Communications Co's annualized ROA % for the quarter that ended in Mar. 2024 was 27.61%. Total Assets is also linked to Revenue through Asset Turnover. Suzhou TFC Optical Communications Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.18.

Suzhou TFC Optical Communications Co Total Assets Historical Data

The historical data trend for Suzhou TFC Optical Communications 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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Suzhou TFC Optical Communications Co Total Assets Chart

Suzhou TFC Optical Communications Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,344.72

1,620.07

2,551.08

2,900.92

3,898.22

Suzhou TFC Optical Communications 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															3,020.53	3,026.28	3,342.43	3,898.22	4,183.09

Suzhou TFC Optical Communications 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.

Suzhou TFC Optical Communications 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 )
	=	3363.211	+	535.013
	=	3,898

Suzhou TFC Optical Communications 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 )
	=	3660.579	+	522.514
	=	4,183

Suzhou TFC Optical Communications Co (SZSE:300394) Total Assets Explanation

Total Assets is connected with ROA %.

Suzhou TFC Optical Communications 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 )
	=	1115.508	/	( (3898.223	+	4183.094)	/ 2 )
	=	1115.508	/	4040.6585
	=	27.61 %

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.

Suzhou TFC Optical Communications 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 )
=	731.671	/	( (3898.223	+	4183.094)	/ 2 )
=	731.671	/	4040.6585
=	0.18

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.

Suzhou TFC Optical Communications Co Total Assets Related Terms

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Suzhou TFC Optical Communications Co (SZSE:300394) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Suzhou TFC Optical Communications Co Ltd (SZSE:300394) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 695, Changjiang Road, High-new District, Jiangsu Province, Suzhou, CHN

Website

http://www.tfcsz.com

Suzhou TFC Optical Communications Co Ltd is a fiber optical network connective component solution provider. It integrates Research and Development, production, and marketing of the products, which are widely used in telecom communication, data communication, and the Internet of things. Its products include Zirconia ceramics, CNC precision metal parts, Receptacles, Isolators, Fiber lenses, Fiber optic connectors, injection molding, and Optical fiber adaptors.

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