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EGing Photovoltaic Technology Co (SHSE:600537) Total Assets : ¥9,695 Mil (As of Mar. 2024)


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What is EGing Photovoltaic Technology Co Total Assets?

EGing Photovoltaic Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,695 Mil.

During the past 12 months, EGing Photovoltaic Technology Co's average Total Assets Growth Rate was 14.00% per year. During the past 3 years, the average Total Assets Growth Rate was 14.20% per year. During the past 5 years, the average Total Assets Growth Rate was 12.60% per year. During the past 10 years, the average Total Assets Growth Rate was 4.50% per year.

During the past 13 years, EGing Photovoltaic Technology Co's highest 3-Year average Total Assets Growth Rate was 76.40%. The lowest was -6.60%. And the median was 12.65%.

Total Assets is connected with ROA %. EGing Photovoltaic Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -7.96%. Total Assets is also linked to Revenue through Asset Turnover. EGing Photovoltaic Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.


EGing Photovoltaic Technology Co Total Assets Historical Data

The historical data trend for EGing Photovoltaic 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.

* Premium members only.

EGing Photovoltaic Technology Co Total Assets Chart

EGing Photovoltaic Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,433.69 7,519.27 7,960.07 11,799.48 11,509.56

EGing Photovoltaic 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10,657.82 11,412.12 12,543.35 11,509.56 9,694.79

EGing Photovoltaic 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.

EGing Photovoltaic 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 )
=2935.074+8574.487
=11,510

EGing Photovoltaic 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 )
=2689.462+7005.331
=9,695

* 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.


EGing Photovoltaic Technology Co  (SHSE:600537) Total Assets Explanation

Total Assets is connected with ROA %.

EGing Photovoltaic 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 )
=-843.88/( (11509.562+9694.793)/ 2 )
=-843.88/10602.1775
=-7.96 %

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.

EGing Photovoltaic 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 )
=1005.16/( (11509.562+9694.793)/ 2 )
=1005.16/10602.1775
=0.09

* 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.

EGing Photovoltaic Technology Co Total Assets Related Terms

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EGing Photovoltaic Technology Co (SHSE:600537) Business Description

Traded in Other Exchanges
N/A
Address
No.18 Jinwu Road, Jiangsu Province, Jintan, CHN, 315300
EGing Photovoltaic Technology Co Ltd is a China based solar module manufacturer. The company is engaged in researching, developing, manufacturing and selling photo-voltaic products. Its solar module offerings includes mono series, poly series, and glass solar module.
Executives
Fu Xiao Jun senior management
Xun Jian Hua Director
Xun Jian Ping Director
Yao Zhi Zhong Director
Chen Long Hai Director
Mao Pei Cheng Director
Zhou Le Qun Director
Luo Zhen Jiang Director

EGing Photovoltaic Technology Co (SHSE:600537) Headlines

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