Appotronics (SHSE:688007) Total Assets : ¥4,168 Mil (As of Mar. 2024)

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What is Appotronics Total Assets?

Appotronics's Total Assets for the quarter that ended in Mar. 2024 was ¥4,168 Mil.

During the past 12 months, Appotronics's average Total Assets Growth Rate was -8.60% per year. During the past 3 years, the average Total Assets Growth Rate was 3.10% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 8 years, Appotronics's highest 3-Year average Total Assets Growth Rate was 63.20%. The lowest was 3.10%. And the median was 19.60%.

Total Assets is connected with ROA %. Appotronics's annualized ROA % for the quarter that ended in Mar. 2024 was 4.25%. Total Assets is also linked to Revenue through Asset Turnover. Appotronics's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Appotronics Total Assets Historical Data

The historical data trend for Appotronics'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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Appotronics Total Assets Chart

Appotronics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,100.14

3,267.62

4,097.23

4,333.35

4,220.57

Appotronics 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															4,357.74	4,340.28	4,305.53	4,220.57	4,167.62

Appotronics 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.

Appotronics'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 )
	=	2796.638	+	1423.933
	=	4,221

Appotronics'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 )
	=	2804.698	+	1362.919
	=	4,168

Appotronics (SHSE:688007) Total Assets Explanation

Total Assets is connected with ROA %.

Appotronics'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 )
	=	178.172	/	( (4220.571	+	4167.617)	/ 2 )
	=	178.172	/	4194.094
	=	4.25 %

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.

Appotronics'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 )
=	445.039	/	( (4220.571	+	4167.617)	/ 2 )
=	445.039	/	4194.094
=	0.11

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.

Appotronics Total Assets Related Terms

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Appotronics (SHSE:688007) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Appotronics Corp Ltd (SHSE:688007) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 63 Xuefu Road, Yuehai Street, 20-22 Floor, Hi-Tech Zone, Union Tower, Nanshan District, Guangdong Province, Shenzhen, CHN, 518052

Website

https://www.appotronics.com

Appotronics Corp Ltd is a China based company involved in the research and innovation of laser display technology and products. The company offers various laser display products namely Digital cinema projector, Venue projector, Education projector, Ultra mobile projector, and others. Geographically, it derives a majority of revenue from China.

Executives

Wang Lin	Core technical personnel
Yu Xin	Core technical personnel
Hu Fei	Core technical personnel
Guo Zu Qiang	Core technical personnel
Wang Ze Qin	Core technical personnel
Chen Ya Sha	senior management
Wang Ying Xia	Directors, senior managers
Wu Xi Liang	Director
Bao Lian Ming	Directors, senior managers
Li Lu	senior management
Zhao Rui Jin	senior management
Wu Bin	senior management
Yan Li	senior management

Appotronics (SHSE:688007) Headlines

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