Shenzhen Senior Technology Material Co (SZSE:300568) Total Assets : ¥18,929 Mil (As of Mar. 2024)

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What is Shenzhen Senior Technology Material Co Total Assets?

Shenzhen Senior Technology Material Co's Total Assets for the quarter that ended in Mar. 2024 was ¥18,929 Mil.

During the past 12 months, Shenzhen Senior Technology Material Co's average Total Assets Growth Rate was 45.50% per year. During the past 3 years, the average Total Assets Growth Rate was 35.70% per year. During the past 5 years, the average Total Assets Growth Rate was 30.70% per year. During the past 10 years, the average Total Assets Growth Rate was 37.50% per year.

During the past 12 years, Shenzhen Senior Technology Material Co's highest 3-Year average Total Assets Growth Rate was 60.40%. The lowest was 13.90%. And the median was 35.70%.

Total Assets is connected with ROA %. Shenzhen Senior Technology Material Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.32%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Senior Technology Material Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.04.

Shenzhen Senior Technology Material Co Total Assets Historical Data

The historical data trend for Shenzhen Senior Technology Material 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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Shenzhen Senior Technology Material Co Total Assets Chart

Shenzhen Senior Technology Material Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,329.22

5,721.47

7,616.66

13,701.18

17,945.46

Shenzhen Senior Technology Material 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															14,221.26	14,711.42	16,036.57	17,945.46	18,929.41

Shenzhen Senior Technology Material 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.

Shenzhen Senior Technology Material 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 )
	=	9958.777	+	7986.683
	=	17,945

Shenzhen Senior Technology Material 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 )
	=	10093.543	+	8835.871
	=	18,929

Shenzhen Senior Technology Material Co (SZSE:300568) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Senior Technology Material 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 )
	=	428.444	/	( (17945.46	+	18929.414)	/ 2 )
	=	428.444	/	18437.437
	=	2.32 %

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.

Shenzhen Senior Technology Material 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 )
=	714.664	/	( (17945.46	+	18929.414)	/ 2 )
=	714.664	/	18437.437
=	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.

Shenzhen Senior Technology Material Co Total Assets Related Terms

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Shenzhen Senior Technology Material Co (SZSE:300568) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shenzhen Senior Technology Material Co Ltd (SZSE:300568) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

North of the Garden Road, Gongming Office, Guangming New District, Guangdong Province, Shenzhen, CHN, 518078

Website

http://www.senior798.com

Shenzhen Senior Technology Material Co Ltd is operating in the lithium battery separator industry. The company is mainly focused on the research, development, production, sales and service of lithium battery separators. The company's product portfolio includes SQ's high strength dry process, SW's wet process, SH's ceramic coating Products and SJ's polymer coating. Its products are widely used in new energy vehicles, digital products, energy storage power stations, aerospace, electric tools and other fields.

Executives

Chen Xiu Feng	Directors, executives
Wang Chang Hong	Directors, executives
Chen Liang	Directors, executives
Han Xue Song	Director
Zhang Sheng	Executives

Shenzhen Senior Technology Material Co (SZSE:300568) Headlines

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