Actions Technology Co (SHSE:688049) Total Assets : ¥1,903.0 Mil (As of Mar. 2024)

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What is Actions Technology Co Total Assets?

Actions Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,903.0 Mil.

During the past 12 months, Actions Technology Co's average Total Assets Growth Rate was -0.60% per year. During the past 3 years, the average Total Assets Growth Rate was 30.70% per year. During the past 5 years, the average Total Assets Growth Rate was 26.20% per year.

During the past 7 years, Actions Technology Co's highest 3-Year average Total Assets Growth Rate was 42.70%. The lowest was 6.80%. And the median was 22.40%.

Total Assets is connected with ROA %. Actions Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.78%. Total Assets is also linked to Revenue through Asset Turnover. Actions Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Actions Technology Co Total Assets Historical Data

The historical data trend for Actions 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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Actions Technology Co Total Assets Chart

Actions Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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355.68

502.04

1,819.26

1,850.77

1,926.60

Actions Technology Co Quarterly Data
	Dec17	Dec18	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial														1,825.63	1,844.71	1,869.25	1,926.60	1,903.00

Actions 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.

Actions 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 )
	=	1809.708	+	116.889
	=	1,926.6

Actions 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 )
	=	1787.699	+	115.305
	=	1,903.0

Actions Technology Co (SHSE:688049) Total Assets Explanation

Total Assets is connected with ROA %.

Actions 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 )
	=	34.14	/	( (1926.597	+	1903.004)	/ 2 )
	=	34.14	/	1914.8005
	=	1.78 %

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.

Actions 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 )
=	118.467	/	( (1926.597	+	1903.004)	/ 2 )
=	118.467	/	1914.8005
=	0.06

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.

Actions Technology Co Total Assets Related Terms

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Actions Technology Co (SHSE:688049) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Actions Technology Co Ltd (SHSE:688049) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Keji 4th Road, Zone C, 1st Floor, No.1 Factory Building, Tangjiawan Town, High-tech Zone, Guangdong Province, Zhuhai, CHN, 519085

Website

http://www.actions-semi.com

Actions Technology Co Ltd is engaged in the research and development, design and sales of mid-to-high-end smart audio SoC chips.

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