Everdisplay Optronics Shanghai Co (SHSE:688538) Total Assets : ¥28,288 Mil (As of Mar. 2024)

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What is Everdisplay Optronics Shanghai Co Total Assets?

Everdisplay Optronics Shanghai Co's Total Assets for the quarter that ended in Mar. 2024 was ¥28,288 Mil.

During the past 12 months, Everdisplay Optronics Shanghai Co's average Total Assets Growth Rate was -4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 4.30% per year. During the past 5 years, the average Total Assets Growth Rate was 10.70% per year.

During the past 7 years, Everdisplay Optronics Shanghai Co's highest 3-Year average Total Assets Growth Rate was 38.60%. The lowest was 4.30%. And the median was 13.65%.

Total Assets is connected with ROA %. Everdisplay Optronics Shanghai Co's annualized ROA % for the quarter that ended in Mar. 2024 was -9.05%. Total Assets is also linked to Revenue through Asset Turnover. Everdisplay Optronics Shanghai Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Everdisplay Optronics Shanghai Co Total Assets Historical Data

The historical data trend for Everdisplay Optronics Shanghai 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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Everdisplay Optronics Shanghai Co Total Assets Chart

Everdisplay Optronics Shanghai Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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22,876.96

24,770.67

33,139.60

30,893.23

28,440.63

Everdisplay Optronics Shanghai Co Quarterly Data
	Dec18	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															30,266.30	29,578.69	29,128.62	28,440.63	28,288.42

Everdisplay Optronics Shanghai 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.

Everdisplay Optronics Shanghai 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 )
	=	12560.778	+	15879.847
	=	28,441

Everdisplay Optronics Shanghai 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 )
	=	11920.497	+	16367.926
	=	28,288

Everdisplay Optronics Shanghai Co (SHSE:688538) Total Assets Explanation

Total Assets is connected with ROA %.

Everdisplay Optronics Shanghai 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 )
	=	-2566.056	/	( (28440.626	+	28288.423)	/ 2 )
	=	-2566.056	/	28364.5245
	=	-9.05 %

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.

Everdisplay Optronics Shanghai 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 )
=	1124.074	/	( (28440.626	+	28288.423)	/ 2 )
=	1124.074	/	28364.5245
=	0.04

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.

Everdisplay Optronics Shanghai Co Total Assets Related Terms

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Everdisplay Optronics Shanghai Co (SHSE:688538) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Everdisplay Optronics Shanghai Co Ltd (SHSE:688538) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1568, Jiugong Road, Jinshan Industrial Zone, Shanghai, CHN, 201506

Website

https://www.everdisplay.com

Everdisplay Optronics Shanghai Co Ltd is engaged in the research and development, production and sales of small and medium-sized AMOLED semiconductor display panels.

Executives

Zhang Bin	senior management
Liu Hui Ran	Directors, senior managers
Liang Xiao	senior management
Li Feng Ling	senior management
Chen Zhi Hong	senior management
Fu Wen Biao	Director

Everdisplay Optronics Shanghai Co (SHSE:688538) Headlines

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