Sonoscape Medical's Total Assets for the quarter that ended in Mar. 2024 was ¥4,044 Mil.
During the past 12 months, Sonoscape Medical's average Total Assets Growth Rate was 11.80% per year.
During the past 3 years, the average Total Assets Growth Rate was 11.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 6.50% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.00% per year.
During the past 12 years, Sonoscape Medical's highest 3-Year average Total Assets Growth Rate was 27.10%. The lowest was 3.10%. And the median was 12.10%.
The historical data trend for Sonoscape Medical'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.
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.
Sonoscape Medical's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Sonoscape Medical (SZSE:300633) Total Assets Explanation
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.
Sonoscape Medical's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Sonoscape Medical Total Assets Related Terms
Thank you for viewing the detailed overview of Sonoscape Medical's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Sonoscape Medical (SZSE:300633) Business Description
Sonoscape Medical Corp is a Chinese manufacturer of medical devices for ultrasound diagnostic systems and transducers. The company's product categories include Ultrasound, Endoscope which also includes video equipment, and Electrocardiography consisting of veterinary ECG and resting ECG. Ultrasound category covers color Doppler trolley systems, color Doppler HCU, B/W trolley systems, and probe, among others. The organization has a business presence in China and in other countries.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:300633 has been successfully added to your 