China Taiping Insurance Holdings Co (HKSE:00966) Total Assets : HK$1,509,497 Mil (As of Dec. 2023)

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What is China Taiping Insurance Holdings Co Total Assets?

China Taiping Insurance Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,509,497 Mil.

During the past 12 months, China Taiping Insurance Holdings Co's average Total Assets Growth Rate was 11.00% per year. During the past 3 years, the average Total Assets Growth Rate was -2.80% per year. During the past 5 years, the average Total Assets Growth Rate was 2.90% per year. During the past 10 years, the average Total Assets Growth Rate was 10.40% per year.

During the past 13 years, China Taiping Insurance Holdings Co's highest 3-Year average Total Assets Growth Rate was 81.50%. The lowest was -2.80%. And the median was 33.20%.

Total Assets is connected with ROA %. China Taiping Insurance Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.13%. Total Assets is also linked to Revenue through Asset Turnover. China Taiping Insurance Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.

China Taiping Insurance Holdings Co Total Assets Historical Data

The historical data trend for China Taiping Insurance Holdings 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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China Taiping Insurance Holdings Co Total Assets Chart

China Taiping Insurance Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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919,420.18

1,169,007.97

1,295,703.10

1,321,590.06

1,509,497.49

China Taiping Insurance Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															1,295,703.10	1,442,711.86	1,321,590.06	1,422,988.84	1,509,497.49

China Taiping Insurance Holdings 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.

China Taiping Insurance Holdings 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 )
	=	132595.654	+	1376901.834
	=	1,509,497

China Taiping Insurance Holdings Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	132595.654	+	1376901.834
	=	1,509,497

China Taiping Insurance Holdings Co (HKSE:00966) Total Assets Explanation

Total Assets is connected with ROA %.

China Taiping Insurance Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	1938.798	/	( (1422988.843	+	1509497.488)	/ 2 )
	=	1938.798	/	1466243.1655
	=	0.13 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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 Taiping Insurance Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	46756.874	/	( (1422988.843	+	1509497.488)	/ 2 )
=	46756.874	/	1466243.1655
=	0.03

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 Taiping Insurance Holdings Co Total Assets Related Terms

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China Taiping Insurance Holdings Co (HKSE:00966) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » China Taiping Insurance Holdings Co Ltd (HKSE:00966) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HIUC:Germany

Address

18 King Wah Road, 25th Floor, North Point, Hong Kong, HKG

Website

https://www.ctih.cntaiping.com

China Taiping Insurance Holdings Co Ltd is a holding company, which through its subsidiaries, sells insurance products and offers a variety of investment management services. The company sells life, property and casualty, reinsurance, and pension insurance products. The firm also operates asset management and real estate management services. The majority of China Taiping Insurance's income is derived from life insurance, with the People's Republic of China contributing the largest portion of company revenue. The Group consists of business segments: the life insurance business, property and casualty insurance business, Pension and group life insurance business, reinsurance business and Others. Majority of revenue is generated from the life insurance business.

Executives

Zhong Guo Tai Ping Bao Xian Ji Tuan You Xian Ze Ren Gong Si

2201 Interest of corporation controlled by you

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