Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Total Assets : HK$1,608 Mil (As of Dec. 2023)

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What is Xiamen Yan Palace Birds Nest Industry Co Total Assets?

Xiamen Yan Palace Birds Nest Industry Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,608 Mil.

During the past 12 months, Xiamen Yan Palace Birds Nest Industry Co's average Total Assets Growth Rate was 46.80% per year. During the past 3 years, the average Total Assets Growth Rate was 23.90% per year.

During the past 4 years, Xiamen Yan Palace Birds Nest Industry Co's highest 3-Year average Total Assets Growth Rate was 23.90%. The lowest was 23.90%. And the median was 23.90%.

Total Assets is connected with ROA %. Xiamen Yan Palace Birds Nest Industry Co's annualized ROA % for the quarter that ended in Dec. 2023 was 16.30%. Total Assets is also linked to Revenue through Asset Turnover. Xiamen Yan Palace Birds Nest Industry Co's Asset Turnover for the quarter that ended in Dec. 2023 was 1.59.

Xiamen Yan Palace Birds Nest Industry Co Total Assets Historical Data

The historical data trend for Xiamen Yan Palace Birds Nest Industry 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.

* Premium members only.

Xiamen Yan Palace Birds Nest Industry Co Total Assets Chart

Xiamen Yan Palace Birds Nest Industry Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Assets

770.26

975.57

1,092.54

1,607.85

Xiamen Yan Palace Birds Nest Industry Co Semi-Annual Data
	Dec20	Dec21	Dec22	Dec23
Total Assets	770.26	975.57	1,092.54	1,607.85

Xiamen Yan Palace Birds Nest Industry 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.

Xiamen Yan Palace Birds Nest Industry 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 )
	=	871.662	+	736.185
	=	1,608

Xiamen Yan Palace Birds Nest Industry 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 )
	=	871.662	+	736.185
	=	1,608

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Total Assets Explanation

Total Assets is connected with ROA %.

Xiamen Yan Palace Birds Nest Industry Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	220.088	/	( (1092.542	+	1607.847)	/ 2 )
	=	220.088	/	1350.1945
	=	16.30 %

Note: The Net Income data used here is one times the 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.

Xiamen Yan Palace Birds Nest Industry Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	2148.441	/	( (1092.542	+	1607.847)	/ 2 )
=	2148.441	/	1350.1945
=	1.59

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.

Xiamen Yan Palace Birds Nest Industry Co Total Assets Related Terms

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Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Xiamen Yan Palace Birds Nest Industry Co Ltd (HKSE:01497) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Qianpu Road, 22/F, Caizihui No. 188, Siming District, Fujian Province, Xiamen City, CHN

Website

http://www.yanzhiwu.com

Xiamen Yan Palace Birds Nest Industry Co Ltd is engaged in the development, production, and marketing of Edible bird's nest (EBN) products. It is a natural health delicacy product with various perceived health benefits and nutritional value. Its product includes One Nest, Freshly Stewed Bird's Nest, Crystal Sugar Bird's Nest, and Dried EBN.

Executives

Yang Lei
Xia Men Guang Yao Tian Xiang Gu Quan Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Guang Yao Tian Xiang Tou Zi You Xian Gong Si
Shan Nan Yan Shi Chuang Ye Tou Zi You Xian Gong Si
Bei Jing Yan Shi Tou Zi Guan Li Zhong Xin You Xian He Huo
Bei Jing Hong Yan Gu Quan Tou Zi Zhong Xin You Xian He Huo	2101 Beneficial owner
Xia Men Jin Yan Lai Tou Zi He Huo Qi Ye You Xian He Huo
Xia Men Shi Shuang Dan Ma Shi Ye Fa Zhan You Xian Gong Si
Hu Qiaohong	2101 Beneficial owner
Huang Jian
Wang Jinghui
Wang Junjie
Wang Yalong
Liu Zhen	2201 Interest of corporation controlled by you
Zheng Wenbin

Xiamen Yan Palace Birds Nest Industry Co (HKSE:01497) Headlines

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