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Visionox Technology (SZSE:002387) Total Assets : ¥40,755 Mil (As of Jun. 2024)


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What is Visionox Technology Total Assets?

Visionox Technology's Total Assets for the quarter that ended in Jun. 2024 was ¥40,755 Mil.

During the past 12 months, Visionox Technology's average Total Assets Growth Rate was -1.10% per year. During the past 3 years, the average Total Assets Growth Rate was -2.90% per year. During the past 5 years, the average Total Assets Growth Rate was 2.10% per year. During the past 10 years, the average Total Assets Growth Rate was 52.10% per year.

During the past 13 years, Visionox Technology's highest 3-Year average Total Assets Growth Rate was 217.80%. The lowest was -7.50%. And the median was 33.40%.

Total Assets is connected with ROA %. Visionox Technology's annualized ROA % for the quarter that ended in Jun. 2024 was -5.16%. Total Assets is also linked to Revenue through Asset Turnover. Visionox Technology's Asset Turnover for the quarter that ended in Jun. 2024 was 0.05.


Visionox Technology Total Assets Historical Data

The historical data trend for Visionox Technology'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.

Visionox Technology Total Assets Chart

Visionox Technology 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 37,151.08 38,840.64 38,836.35 40,069.10 39,093.59

Visionox Technology Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 37,549.38 37,973.11 39,093.59 43,936.30 40,754.73

Visionox Technology 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.

Visionox Technology'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 )
=10817.644+28275.942
=39,094

Visionox Technology's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=9225.146+31529.579
=40,755

* 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.


Visionox Technology  (SZSE:002387) Total Assets Explanation

Total Assets is connected with ROA %.

Visionox Technology's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=-2184.944/( (43936.303+40754.726)/ 2 )
=-2184.944/42345.5145
=-5.16 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Visionox Technology's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=2136.439/( (43936.303+40754.726)/ 2 )
=2136.439/42345.5145
=0.05

* 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.

Visionox Technology Total Assets Related Terms

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Visionox Technology Business Description

Traded in Other Exchanges
N/A
Address
No.1,Longteng Road, Kunshan Economic&Technological Development Zone, Jiangsu, Shanghai, CHN, 215300
Visionox Technology Inc is engaged in OLED technology development. The products of the company include AMOLED displays, PMOLED displays, and displays for industrial use. The company also provides after sales service.
Executives
Zhang De Qiang Directors, executives
Yan Ruo Yuan Directors, executives
Lin Xiu Hai Directors, executives
Lin Xiu Hao Director
He Wen Biao Independent director
Huang Xun Cai Supervisors
Chen Ru Director
Huang Shu Zhong Director, Director Secretary
He Yu Long Directors, executives
Deng Chan Yu Supervisors
Lin Shao Ping Supervisors
Wu Di Nian Directors, executives
Chen Ke Mei Executives
Yao Li Chang Director
Lin Xi Qin Executives

Visionox Technology Headlines

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