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Harden Technologies (Harden Technologies) Total Assets : $24.76 Mil (As of Jun. 2023)


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What is Harden Technologies Total Assets?

Harden Technologies's Total Assets for the quarter that ended in Jun. 2023 was $24.76 Mil.

During the past 12 months, Harden Technologies's average Total Assets Growth Rate was -24.80% per year.

Total Assets is connected with ROA %. Harden Technologies's annualized ROA % for the quarter that ended in Jun. 2023 was 10.62%. Total Assets is also linked to Revenue through Asset Turnover. Harden Technologies's Asset Turnover for the quarter that ended in Jun. 2023 was 0.55.


Harden Technologies Total Assets Historical Data

The historical data trend for Harden Technologies'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.

* Premium members only.

Harden Technologies Total Assets Chart

Harden Technologies Annual Data
Trend Dec20 Dec21 Dec22
Total Assets
20.94 22.84 24.50

Harden Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Assets Get a 7-Day Free Trial - 22.84 30.24 24.50 24.76

Harden Technologies 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.

Harden Technologies'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 )
=10.227+14.275
=24.50

Harden Technologies's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=10.952+13.804
=24.76

* 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.


Harden Technologies  (BATS:HAHA) Total Assets Explanation

Total Assets is connected with ROA %.

Harden Technologies's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=2.616/( (24.502+24.756)/ 2 )
=2.616/24.629
=10.62 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Harden Technologies's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=13.503/( (24.502+24.756)/ 2 )
=13.503/24.629
=0.55

* 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.

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.

Harden Technologies Total Assets Related Terms

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Harden Technologies (Harden Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400
Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

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