iSoftstone Information Technology (Group) Co (SZSE:301236) Total Assets : ¥21,145 Mil (As of Mar. 2024)

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What is iSoftstone Information Technology (Group) Co Total Assets?

iSoftstone Information Technology (Group) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥21,145 Mil.

During the past 12 months, iSoftstone Information Technology (Group) Co's average Total Assets Growth Rate was 56.50% per year. During the past 3 years, the average Total Assets Growth Rate was 13.90% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year.

During the past 7 years, iSoftstone Information Technology (Group) Co's highest 3-Year average Total Assets Growth Rate was 13.90%. The lowest was 6.10%. And the median was 11.25%.

Total Assets is connected with ROA %. iSoftstone Information Technology (Group) Co's annualized ROA % for the quarter that ended in Mar. 2024 was -6.04%. Total Assets is also linked to Revenue through Asset Turnover. iSoftstone Information Technology (Group) Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.30.

iSoftstone Information Technology (Group) Co Total Assets Historical Data

The historical data trend for iSoftstone Information Technology (Group) 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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iSoftstone Information Technology (Group) Co Total Assets Chart

iSoftstone Information Technology (Group) Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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8,075.19

9,206.04

10,523.12

15,062.71

15,617.53

iSoftstone Information Technology (Group) Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial														14,514.69	14,418.50	14,469.28	15,617.53	21,144.88

iSoftstone Information Technology (Group) 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.

iSoftstone Information Technology (Group) 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 )
	=	10599.475	+	5018.055
	=	15,618

iSoftstone Information Technology (Group) 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 )
	=	10385.193	+	10759.687
	=	21,145

iSoftstone Information Technology (Group) Co (SZSE:301236) Total Assets Explanation

Total Assets is connected with ROA %.

iSoftstone Information Technology (Group) 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 )
	=	-1109.912	/	( (15617.529	+	21144.881)	/ 2 )
	=	-1109.912	/	18381.205
	=	-6.04 %

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.

iSoftstone Information Technology (Group) 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 )
=	5449.386	/	( (15617.529	+	21144.881)	/ 2 )
=	5449.386	/	18381.205
=	0.30

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.

iSoftstone Information Technology (Group) Co Total Assets Related Terms

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iSoftstone Information Technology (Group) Co (SZSE:301236) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » iSoftstone Information Technology (Group) Co Ltd (SZSE:301236) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 10, Northwest Wangdong Road, Room 502, 5th Floor, Building 16, East District, Haidian District, Beijing, CHN, 100193

Website

https://www.isoftstone.com

iSoftstone Information Technology (Group) Co Ltd is engaged in providing end-to-end software and digital technology services and digital operations services.

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