Beijing Huafeng Testntrol Technology Co (SHSE:688200) Total Assets : ¥3,429.7 Mil (As of Sep. 2023)

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What is Beijing Huafeng Testntrol Technology Co Total Assets?

Beijing Huafeng Testntrol Technology Co's Total Assets for the quarter that ended in Sep. 2023 was ¥3,429.7 Mil.

Warning Sign:

If a company builds assets at 65.7% a year, faster than its revenue growth rate of 37.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing Huafeng Testntrol Technology Co's average Total Assets Growth Rate was 5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 74.00% per year. During the past 5 years, the average Total Assets Growth Rate was 65.70% per year.

During the past 7 years, Beijing Huafeng Testntrol Technology Co's highest 3-Year average Total Assets Growth Rate was 87.00%. The lowest was 34.20%. And the median was 64.30%.

Total Assets is connected with ROA %. Beijing Huafeng Testntrol Technology Co's annualized ROA % for the quarter that ended in Sep. 2023 was 4.19%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Huafeng Testntrol Technology Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.04.

Beijing Huafeng Testntrol Technology Co Total Assets Historical Data

The historical data trend for Beijing Huafeng Testntrol 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 Huafeng Testntrol Technology Co Total Assets Chart

Beijing Huafeng Testntrol Technology Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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285.69

493.58

2,272.11

2,914.63

3,371.36

Beijing Huafeng Testntrol Technology Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															3,165.78	3,371.36	3,437.92	3,398.11	3,429.72

Beijing Huafeng Testntrol 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 Huafeng Testntrol Technology Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	3138.951	+	232.405
	=	3,371.4

Beijing Huafeng Testntrol Technology Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	3287.839	+	141.877
	=	3,429.7

Beijing Huafeng Testntrol Technology Co (SHSE:688200) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Huafeng Testntrol Technology Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	143.128	/	( (3398.106	+	3429.716)	/ 2 )
	=	143.128	/	3413.911
	=	4.19 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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 Huafeng Testntrol Technology Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	137.244	/	( (3398.106	+	3429.716)	/ 2 )
=	137.244	/	3413.911
=	0.04

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.

Beijing Huafeng Testntrol Technology Co Total Assets Related Terms

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Beijing Huafeng Testntrol Technology Co (SHSE:688200) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Beijing Huafeng Test & Control Technology Co Ltd (SHSE:688200) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

7th Floor, 2 Building, No 1 Haiying Road, Fengtai District, Beijing, CHN, 100070

Website

http://www.accotest.com

Beijing Huafeng Test & Control Technology Co Ltd is engaged in research, development, production, and sales of semiconductor automated test systems. The company's products include STS 8200 Test System and STS 8300 Test System.

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