Wuxi DK Electronic Materials Co (SZSE:300842) Total Assets : ¥7,538 Mil (As of Mar. 2024)

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What is Wuxi DK Electronic Materials Co Total Assets?

Wuxi DK Electronic Materials Co's Total Assets for the quarter that ended in Mar. 2024 was ¥7,538 Mil.

During the past 12 months, Wuxi DK Electronic Materials Co's average Total Assets Growth Rate was 61.70% per year. During the past 3 years, the average Total Assets Growth Rate was 56.70% per year. During the past 5 years, the average Total Assets Growth Rate was 49.80% per year.

During the past 9 years, Wuxi DK Electronic Materials Co's highest 3-Year average Total Assets Growth Rate was 159.30%. The lowest was 35.40%. And the median was 52.65%.

Total Assets is connected with ROA %. Wuxi DK Electronic Materials Co's annualized ROA % for the quarter that ended in Mar. 2024 was 9.82%. Total Assets is also linked to Revenue through Asset Turnover. Wuxi DK Electronic Materials Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.51.

Wuxi DK Electronic Materials Co Total Assets Historical Data

The historical data trend for Wuxi DK Electronic Materials 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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Wuxi DK Electronic Materials Co Total Assets Chart

Wuxi DK Electronic Materials Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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885.20

1,618.61

2,265.33

3,355.27

6,784.72

Wuxi DK Electronic Materials 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															4,169.17	4,572.46	5,572.79	6,784.72	7,537.62

Wuxi DK Electronic Materials 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.

Wuxi DK Electronic Materials 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 )
	=	1341.688	+	5443.03
	=	6,785

Wuxi DK Electronic Materials 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 )
	=	1446.128	+	6091.488
	=	7,538

Wuxi DK Electronic Materials Co (SZSE:300842) Total Assets Explanation

Total Assets is connected with ROA %.

Wuxi DK Electronic Materials 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 )
	=	702.916	/	( (6784.718	+	7537.616)	/ 2 )
	=	702.916	/	7161.167
	=	9.82 %

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.

Wuxi DK Electronic Materials 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 )
=	3644.461	/	( (6784.718	+	7537.616)	/ 2 )
=	3644.461	/	7161.167
=	0.51

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.

Wuxi DK Electronic Materials Co Total Assets Related Terms

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Wuxi DK Electronic Materials Co (SZSE:300842) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wuxi DK Electronic Materials Co Ltd (SZSE:300842) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 11 Yongning Road, Qiting Street, Building B2, Phase II, Pioneer Park, Yixing City, Jiangsu Province, Wuxi, CHN, 214200

Website

http://www.dkem.cn

Wuxi DK Electronic Materials Co Ltd is a technology company engaged in research and development of performance materials for display and energy industries. It embodies an ideal mix of technical know-how and intellectual property across nanomaterial synthesis, ink/paste/adhesive formulation, narrow line printing, thin film coating, and device fabrication. Its product includes Front Silver Metallization Paste for Silicon Solar Cell.

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