Biwin Storage Technology Co (SHSE:688525) Total Assets : ¥6,465 Mil (As of Mar. 2024)

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What is Biwin Storage Technology Co Total Assets?

Biwin Storage Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,465 Mil.

During the past 12 months, Biwin Storage Technology Co's average Total Assets Growth Rate was 34.40% per year. During the past 3 years, the average Total Assets Growth Rate was 56.30% per year. During the past 5 years, the average Total Assets Growth Rate was 54.30% per year.

During the past 6 years, Biwin Storage Technology Co's highest 3-Year average Total Assets Growth Rate was 56.30%. The lowest was 52.70%. And the median was 56.10%.

Total Assets is connected with ROA %. Biwin Storage Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 10.47%. Total Assets is also linked to Revenue through Asset Turnover. Biwin Storage Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.27.

Biwin Storage Technology Co Total Assets Historical Data

The historical data trend for Biwin Storage 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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Biwin Storage Technology Co Total Assets Chart

Biwin Storage Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,215.99

1,770.11

2,809.55

4,411.20

6,332.40

Biwin Storage Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial										5,162.80	5,972.62	6,325.24	6,332.40	6,464.75

Biwin Storage 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.

Biwin Storage 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 )
	=	1921.123	+	4411.278
	=	6,332

Biwin Storage 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 )
	=	2143.165	+	4321.586
	=	6,465

Biwin Storage Technology Co (SHSE:688525) Total Assets Explanation

Total Assets is connected with ROA %.

Biwin Storage 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 )
	=	670.248	/	( (6332.401	+	6464.751)	/ 2 )
	=	670.248	/	6398.576
	=	10.47 %

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.

Biwin Storage 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 )
=	1726.642	/	( (6332.401	+	6464.751)	/ 2 )
=	1726.642	/	6398.576
=	0.27

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.

Biwin Storage Technology Co Total Assets Related Terms

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Biwin Storage Technology Co (SHSE:688525) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Biwin Storage Technology Co Ltd (SHSE:688525) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 1213, Liuxian Avenue, Taoyuan Street, Floor 1-3, Building 4, Building 4, Zone 2, Zhongguan Honghualing Industrial South District, Pingshan Community, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

https://www.biwin.com.cn

Biwin Storage Technology Co Ltd focuses on the research and development and packaging and testing of memory chips. The company integrates storage medium characteristic research, firmware algorithm development, storage chip advanced packaging, storage chip test equipment R&D and algorithm development, brand operation and others. Its memory chip products are widely used in mobile smart terminals, PCs, industry terminals, data centers, smart cars, mobile storage and other information technology fields.

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