XDC Industries (Shenzhen) (SZSE:300615) Total Assets : ¥682.3 Mil (As of Mar. 2024)

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What is XDC Industries (Shenzhen) Total Assets?

XDC Industries (Shenzhen)'s Total Assets for the quarter that ended in Mar. 2024 was ¥682.3 Mil.

During the past 12 months, XDC Industries (Shenzhen)'s average Total Assets Growth Rate was -31.20% per year. During the past 3 years, the average Total Assets Growth Rate was 10.50% per year. During the past 5 years, the average Total Assets Growth Rate was 12.30% per year. During the past 10 years, the average Total Assets Growth Rate was 13.30% per year.

During the past 13 years, XDC Industries (Shenzhen)'s highest 3-Year average Total Assets Growth Rate was 38.60%. The lowest was 4.00%. And the median was 18.90%.

Total Assets is connected with ROA %. XDC Industries (Shenzhen)'s annualized ROA % for the quarter that ended in Mar. 2024 was -4.88%. Total Assets is also linked to Revenue through Asset Turnover. XDC Industries (Shenzhen)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

XDC Industries (Shenzhen) Total Assets Historical Data

The historical data trend for XDC Industries (Shenzhen)'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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XDC Industries (Shenzhen) Total Assets Chart

XDC Industries (Shenzhen) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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543.59

568.53

584.88

893.47

697.98

XDC Industries (Shenzhen) 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															893.45	932.74	816.19	697.98	682.25

XDC Industries (Shenzhen) 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.

XDC Industries (Shenzhen)'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 )
	=	540.354	+	157.627
	=	698.0

XDC Industries (Shenzhen)'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 )
	=	531.311	+	150.94
	=	682.3

XDC Industries (Shenzhen) (SZSE:300615) Total Assets Explanation

Total Assets is connected with ROA %.

XDC Industries (Shenzhen)'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 )
	=	-33.7	/	( (697.98	+	682.251)	/ 2 )
	=	-33.7	/	690.1155
	=	-4.88 %

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.

XDC Industries (Shenzhen)'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 )
=	40.06	/	( (697.98	+	682.251)	/ 2 )
=	40.06	/	690.1155
=	0.06

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.

XDC Industries (Shenzhen) Total Assets Related Terms

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XDC Industries (Shenzhen) (SZSE:300615) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » XDC Industries (Shenzhen) Ltd (SZSE:300615) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.05, Chaguang Road, 17th Floor, Vanke Yunchuang, Building B, Bodun Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518055

Website

http://www.xdc-industries.com

XDC Industries (Shenzhen) Ltd researches, develops, manufactures, and sells radio frequency metal components for mobile communication industry in China. The firm offers radio frequency, optical electronic, and light communication components, other precise parts and RF structures.

Executives

Liu Hui	Director
Wang Zhang Hua	Directors, executives
Sun Hai Long	Directors, executives
Xue Feng	Director
Shi Wei Ping	Director
Qin Jie	Executives
Lin Yan Jin	Directors, executives

XDC Industries (Shenzhen) (SZSE:300615) Headlines

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