China Resources Microelectronics (SHSE:688396) Total Assets : ¥29,365 Mil (As of Mar. 2024)

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What is China Resources Microelectronics Total Assets?

China Resources Microelectronics's Total Assets for the quarter that ended in Mar. 2024 was ¥29,365 Mil.

During the past 12 months, China Resources Microelectronics's average Total Assets Growth Rate was 32.00% per year. During the past 3 years, the average Total Assets Growth Rate was 25.30% per year. During the past 5 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 8 years, China Resources Microelectronics's highest 3-Year average Total Assets Growth Rate was 25.30%. The lowest was 1.20%. And the median was 8.00%.

Total Assets is connected with ROA %. China Resources Microelectronics's annualized ROA % for the quarter that ended in Mar. 2024 was 0.45%. Total Assets is also linked to Revenue through Asset Turnover. China Resources Microelectronics's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

China Resources Microelectronics Total Assets Historical Data

The historical data trend for China Resources Microelectronics'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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China Resources Microelectronics Total Assets Chart

China Resources Microelectronics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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10,095.29

16,611.88

22,191.21

26,458.21

29,215.26

China Resources Microelectronics 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															27,505.07	27,821.06	29,851.95	29,215.26	29,365.02

China Resources Microelectronics 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.

China Resources Microelectronics'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 )
	=	23630.449	+	5584.811
	=	29,215

China Resources Microelectronics'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 )
	=	23786.029	+	5578.991
	=	29,365

China Resources Microelectronics (SHSE:688396) Total Assets Explanation

Total Assets is connected with ROA %.

China Resources Microelectronics'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 )
	=	132.784	/	( (29215.26	+	29365.02)	/ 2 )
	=	132.784	/	29290.14
	=	0.45 %

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.

China Resources Microelectronics'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 )
=	2115.859	/	( (29215.26	+	29365.02)	/ 2 )
=	2115.859	/	29290.14
=	0.07

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.

China Resources Microelectronics Total Assets Related Terms

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China Resources Microelectronics (SHSE:688396) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » China Resources Microelectronics Ltd (SHSE:688396) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 14, Liangxi Road, Jiangsu Province, Wuxi, CHN, 214061

Website

https://www.crmicro.com

China Resources Microelectronics Ltd is engaged in the design, production, and sales of power semiconductors, smart sensors, and smart control products, as well as provides manufacturing services such as open wafer manufacturing, packaging, and testing. The company's product portfolio includes power components, MOSFET, IGBT, BJT and DIODES, Power IC, Power modules, Smart sensors, and intelligent controls.

Executives

Zhang Sen	Core technical personnel
You Yong	Core technical personnel
Wu Quan Qing	Core technical personnel
Luo Xian Cai	Core technical personnel
Ding Dong Min	Core technical personnel
Duan Jun	senior management
Li Hong	Directors, senior managers, core technical personn
Wu Jian Zhong	Core technical personnel
Xia Zhang Feng	Core technical personnel
Ma Wei Qing	Senior management, core technical personnel
Zhuang Heng Qian	senior management
Chun Yu Jiang Min	Core technical personnel
Wu Guo Yi	Directors, senior managers
Zheng Chen Yan	Core technical personnel
Li Ge	senior management

China Resources Microelectronics (SHSE:688396) Headlines

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