Hangzhou Shunwang Technology Co (SZSE:300113) Total Assets : ¥2,667 Mil (As of Mar. 2024)

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What is Hangzhou Shunwang Technology Co Total Assets?

Hangzhou Shunwang Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,667 Mil.

During the past 12 months, Hangzhou Shunwang Technology Co's average Total Assets Growth Rate was 1.80% per year. During the past 3 years, the average Total Assets Growth Rate was -20.40% per year. During the past 5 years, the average Total Assets Growth Rate was -12.70% per year. During the past 10 years, the average Total Assets Growth Rate was 3.60% per year.

During the past 13 years, Hangzhou Shunwang Technology Co's highest 3-Year average Total Assets Growth Rate was 212.40%. The lowest was -20.40%. And the median was 44.00%.

Total Assets is connected with ROA %. Hangzhou Shunwang Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 8.36%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Shunwang Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.16.

Hangzhou Shunwang Technology Co Total Assets Historical Data

The historical data trend for Hangzhou Shunwang 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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Hangzhou Shunwang Technology Co Total Assets Chart

Hangzhou Shunwang Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,448.30

2,989.21

2,982.93

2,296.45

2,447.10

Hangzhou Shunwang Technology 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															2,305.79	2,321.13	2,402.91	2,447.10	2,667.16

Hangzhou Shunwang 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.

Hangzhou Shunwang 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 )
	=	2091.463	+	355.635
	=	2,447

Hangzhou Shunwang 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 )
	=	2176.165	+	490.996
	=	2,667

Hangzhou Shunwang Technology Co (SZSE:300113) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Shunwang 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 )
	=	213.756	/	( (2447.099	+	2667.16)	/ 2 )
	=	213.756	/	2557.1295
	=	8.36 %

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.

Hangzhou Shunwang 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 )
=	412.126	/	( (2447.099	+	2667.16)	/ 2 )
=	412.126	/	2557.1295
=	0.16

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.

Hangzhou Shunwang Technology Co Total Assets Related Terms

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Hangzhou Shunwang Technology Co (SZSE:300113) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hangzhou Shunwang Technology Co Ltd (SZSE:300113) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 75, Wenyi West Road, Building 3, Xihu District, Zhejiang Province, Hangzhou, CHN, 310012

Website

http://www.shunwang.com

Hangzhou Shunwang Technology Co Ltd develops and sells Internet entertainment networking platforms. It focuses mainly on internet cafe technology development. It offers IcafeMavin, a software platform for Internet café management; system virtual disk, an operating system solution for diskless Internet cafes; and Game virtual disk, a game virtual service software for Internet cafes, as well as other Internet café integration solutions.

Executives

Li De Hong	Directors, executives
Wu Jian Hua	Executives
Hua Yong	Director
Chen Jian Xiang	Supervisors
Zhang Li	Executives
Fang Jin	Executives
Cai Ying	Securities Affairs Representative
Cheng Chen	Director
Xu Dong	Executives
Yu Qun E	Independent director
Shou Jian Ming	Director
Cao Yi	Executives
Wu Xiao Wei	Executives
Wang Hao	Executives

Hangzhou Shunwang Technology Co (SZSE:300113) Headlines

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