GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Longyuan Power Group Corp Ltd (HKSE:00916) » Definitions » Total Assets

China Longyuan Power Group (HKSE:00916) Total Assets : HK$264,641 Mil (As of Sep. 2024)


View and export this data going back to 2009. Start your Free Trial

What is China Longyuan Power Group Total Assets?

China Longyuan Power Group's Total Assets for the quarter that ended in Sep. 2024 was HK$264,641 Mil.

Warning Sign:

If a company builds assets at 9.8% a year, faster than its revenue growth rate of 8.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, China Longyuan Power Group's average Total Assets Growth Rate was 8.30% per year. During the past 3 years, the average Total Assets Growth Rate was 9.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.80% per year. During the past 10 years, the average Total Assets Growth Rate was 7.20% per year.

During the past 13 years, China Longyuan Power Group's highest 3-Year average Total Assets Growth Rate was 47.70%. The lowest was 3.00%. And the median was 9.90%.

Total Assets is connected with ROA %. China Longyuan Power Group's annualized ROA % for the quarter that ended in Sep. 2024 was 2.76%. Total Assets is also linked to Revenue through Asset Turnover. China Longyuan Power Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.03.


China Longyuan Power Group Total Assets Historical Data

The historical data trend for China Longyuan Power Group'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.

China Longyuan Power Group Total Assets Chart

China Longyuan Power Group 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 173,777.20 207,010.48 251,195.02 249,348.43 250,755.47

China Longyuan Power Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 244,870.47 250,755.47 257,541.48 260,923.03 264,641.13

China Longyuan Power Group 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.

China Longyuan Power Group'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 )
=90047.511+160707.96
=250,755

China Longyuan Power Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=92802.855+171838.273
=264,641

* 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.


China Longyuan Power Group  (HKSE:00916) Total Assets Explanation

Total Assets is connected with ROA %.

China Longyuan Power Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=7256.016/( (260923.025+264641.128)/ 2 )
=7256.016/262782.0765
=2.76 %

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

China Longyuan Power Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=8221.499/( (260923.025+264641.128)/ 2 )
=8221.499/262782.0765
=0.03

* 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.

China Longyuan Power Group Total Assets Related Terms

Thank you for viewing the detailed overview of China Longyuan Power Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


China Longyuan Power Group Business Description

Traded in Other Exchanges
Address
6 Fuchengmen North Street, Room 2006, 20th Floor, Block C, Xicheng District, Beijing, CHN
Longyuan is China's largest wind farm operator, with consolidated installed wind capacity of 27.8 gigawatts as of end-2023. It has wind farms spread across China, and has also expanded into other countries such as Canada and South Africa. Longyuan owns two coal-fired power plants in Jiangsu and operates other renewable assets such as solar, geothermal, and tidal energy on a limited scale. The consolidated installed capacity mix is about 78% wind, 5% thermal, and the remainder in other renewables. China Energy Investment, which was created through the merger of China Guodian Corporation and China Shenhua Group, is the major shareholder with a controlling stake of about 58.6%.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Gic Private Limited 2102 Investment manager
Wellington Management Group Llp 2102 Investment manager
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Lazard Asset Management Llc 2102 Investment manager

China Longyuan Power Group Headlines

No Headlines