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Suning.com Co (SZSE:002024) Total Assets : ¥122,296 Mil (As of Mar. 2024)


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What is Suning.com Co Total Assets?

Suning.com Co's Total Assets for the quarter that ended in Mar. 2024 was ¥122,296 Mil.

During the past 12 months, Suning.com Co's average Total Assets Growth Rate was -15.40% per year. During the past 3 years, the average Total Assets Growth Rate was -18.30% per year. During the past 5 years, the average Total Assets Growth Rate was -10.30% per year. During the past 10 years, the average Total Assets Growth Rate was 8.60% per year.

During the past 13 years, Suning.com Co's highest 3-Year average Total Assets Growth Rate was 116.00%. The lowest was -18.30%. And the median was 31.10%.

Total Assets is connected with ROA %. Suning.com Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.32%. Total Assets is also linked to Revenue through Asset Turnover. Suning.com Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.


Suning.com Co Total Assets Historical Data

The historical data trend for Suning.com 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.

* Premium members only.

Suning.com Co Total Assets Chart

Suning.com Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 239,251.52 212,075.20 170,738.09 139,922.40 121,748.28

Suning.com Co 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 144,713.00 136,818.32 130,719.03 121,748.28 122,296.36

Suning.com 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.

Suning.com 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 )
=10135.919+111612.364
=121,748

Suning.com 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 )
=10146.198+112150.161
=122,296

* 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.


Suning.com Co  (SZSE:002024) Total Assets Explanation

Total Assets is connected with ROA %.

Suning.com 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 )
=-387.484/( (121748.283+122296.359)/ 2 )
=-387.484/122022.321
=-0.32 %

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.

Suning.com 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 )
=12579.798/( (121748.283+122296.359)/ 2 )
=12579.798/122022.321
=0.10

* 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.

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.

Suning.com Co Total Assets Related Terms

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Suning.com Co (SZSE:002024) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Shanxi Road, 1-5th floor, Jinshan Building, Jiangsu Province, Nanjing, CHN, 210042
Suning.com Co Ltd, formerly Suning Commerce Group Co Ltd, is a retail shop offering electronic appliances such as air-conditioners, refrigerators, washing machines, color TVs, audio-video products, small home appliances, communication products, computers and digital products.
Executives
Li Jian Ying Supervisors
Zhang Jin Dong Director
Yao Kai Executives
Huang Wei Directors, executives
Meng Xiang Sheng Directors, executives
Gu Wei Executives
Hou En Long Executives
Ren Jun Director
Tian Rui Executives
Gong Zhen Yu Executives
Wang Quan Sheng Independent director
Sun Wei Min Director
Jin Ming Directors, executives
Zhu Hua Executives

Suning.com Co (SZSE:002024) Headlines

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