Zhongyuan Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,472,715 Mil.
During the past 12 months, Zhongyuan Bank Co's average Total Assets Growth Rate was 0.40% per year.
During the past 3 years, the average Total Assets Growth Rate was 20.10% per year.
During the past 5 years, the average Total Assets Growth Rate was 19.00% per year.
During the past 10 years, Zhongyuan Bank Co's highest 3-Year average Total Assets Growth Rate was 38.00%. The lowest was 10.30%. And the median was 20.10%.
The historical data trend for Zhongyuan Bank 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.
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.
Zhongyuan Bank Co'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.
Zhongyuan Bank Co (HKSE:01216) Total Assets Explanation
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.
Zhongyuan Bank Co's Asset Turnover for the quarter that ended in Dec. 2023 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.
Zhongyuan Bank Co Total Assets Related Terms
Thank you for viewing the detailed overview of Zhongyuan Bank Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Zhongyuan Bank Co (HKSE:01216) Business Description
Zhongyuan Bank Co Ltd is engaged in the provision of corporate banking services. The business segments of the company are the Corporate banking segment, which represents the provision of a range of financial products and services to corporations, government agencies and financial institutions. The retail banking segment represents the provision of a range of financial products and services to retail customers. The financial markets business segment covers the Group's financial markets business operations. The financial markets business enters into inter-bank money market transactions, repurchases transactions and investments. Other segments represent assets, liabilities, income and expenses which cannot be directly attributable or cannot be allocated to a segment on a reasonable basis.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01216 has been successfully added to your 