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Winning Health Technology Group Co (SZSE:300253) Total Assets : ¥8,478 Mil (As of Mar. 2024)


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What is Winning Health Technology Group Co Total Assets?

Winning Health Technology Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥8,478 Mil.

During the past 12 months, Winning Health Technology Group Co's average Total Assets Growth Rate was 12.70% per year. During the past 3 years, the average Total Assets Growth Rate was 13.50% per year. During the past 5 years, the average Total Assets Growth Rate was 14.40% per year. During the past 10 years, the average Total Assets Growth Rate was 31.50% per year.

During the past 13 years, Winning Health Technology Group Co's highest 3-Year average Total Assets Growth Rate was 113.30%. The lowest was -1.60%. And the median was 38.20%.

Total Assets is connected with ROA %. Winning Health Technology Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.78%. Total Assets is also linked to Revenue through Asset Turnover. Winning Health Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.


Winning Health Technology Group Co Total Assets Historical Data

The historical data trend for Winning Health Technology Group 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.

Winning Health Technology Group Co Total Assets Chart

Winning Health Technology Group 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 5,128.36 6,071.30 7,496.30 7,821.75 8,548.95

Winning Health Technology Group 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 7,743.30 7,808.29 7,924.43 8,548.95 8,477.56

Winning Health Technology Group 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.

Winning Health Technology Group 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 )
=5681.277+2867.668
=8,549

Winning Health Technology Group 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 )
=5760.659+2716.898
=8,478

* 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.


Winning Health Technology Group Co  (SZSE:300253) Total Assets Explanation

Total Assets is connected with ROA %.

Winning Health Technology Group 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 )
=66.48/( (8548.946+8477.558)/ 2 )
=66.48/8513.252
=0.78 %

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.

Winning Health Technology Group 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 )
=494.492/( (8548.946+8477.558)/ 2 )
=494.492/8513.252
=0.06

* 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.

Winning Health Technology Group Co Total Assets Related Terms

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Winning Health Technology Group Co (SZSE:300253) Business Description

Traded in Other Exchanges
N/A
Address
No. 3388 Gonghe New Road, F/8, Yongding Plaza, Shanghai, CHN, 200436
Winning Health Technology Group Co Ltd is a China-based company engages in the research, development, manufacture, and sale of software, computers, and its auxiliary equipment; and provision of computer network maintenance and technical services. It also provides regional health information platform, an integrated service platform that integrates hardware network infrastructure, data center, data exchange, and business services.
Executives
Wang Li Executives
Jin Mao Directors, executives, directors
Sun Jia Ming Executives
Zhou Wei Director
Liu Ning Director
Xu Zi Tong Securities Affairs Representative
Xu Chun Hua Executives
Huang Ke Hua Supervisors
Li Lin Supervisors
Sun Kai Directors, executives
Zhang Shi Ying Supervisors

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