Guangzhou Rural Commercial Bank Co (HKSE:01551) Total Assets : HK$1,437,272 Mil (As of Dec. 2023)

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What is Guangzhou Rural Commercial Bank Co Total Assets?

Guangzhou Rural Commercial Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$1,437,272 Mil.

During the past 12 months, Guangzhou Rural Commercial Bank Co's average Total Assets Growth Rate was 4.00% per year. During the past 3 years, the average Total Assets Growth Rate was 6.90% per year. During the past 5 years, the average Total Assets Growth Rate was 12.70% per year.

During the past 10 years, Guangzhou Rural Commercial Bank Co's highest 3-Year average Total Assets Growth Rate was 20.10%. The lowest was 6.90%. And the median was 12.80%.

Total Assets is connected with ROA %. Guangzhou Rural Commercial Bank Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.08%. Total Assets is also linked to Revenue through Asset Turnover. Guangzhou Rural Commercial Bank Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

Guangzhou Rural Commercial Bank Co Total Assets Historical Data

The historical data trend for Guangzhou Rural Commercial 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.

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Guangzhou Rural Commercial Bank Co Total Assets Chart

Guangzhou Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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994,970.87

1,218,472.65

1,422,376.35

1,377,416.74

1,437,271.89

Guangzhou Rural Commercial Bank Co Semi-Annual Data
	Dec14	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													1,422,376.35	1,449,605.05	1,377,416.74	1,382,374.92	1,437,271.89

Guangzhou Rural Commercial Bank 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.

Guangzhou Rural Commercial Bank 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 )
	=	105594.373	+	1331677.514
	=	1,437,272

Guangzhou Rural Commercial Bank 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 )
	=	105594.373	+	1331677.514
	=	1,437,272

Guangzhou Rural Commercial Bank Co (HKSE:01551) Total Assets Explanation

Total Assets is connected with ROA %.

Guangzhou Rural Commercial Bank 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 )
	=	1162.118	/	( (1382374.922	+	1437271.887)	/ 2 )
	=	1162.118	/	1409823.4045
	=	0.08 %

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.

Guangzhou Rural Commercial Bank 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 )
=	8938.614	/	( (1382374.922	+	1437271.887)	/ 2 )
=	8938.614	/	1409823.4045
=	0.01

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.

Guangzhou Rural Commercial Bank Co Total Assets Related Terms

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Guangzhou Rural Commercial Bank Co (HKSE:01551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Guangzhou Rural Commercial Bank Co Ltd (HKSE:01551) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.grcbank.com

Guangzhou Rural Commercial Bank Co Ltd is engaged in providing banking and related financial services. The company's operating segments are Corporate banking, Retail banking, Treasury business, and others. It generates maximum revenue from the Corporate banking segment, which covers financial products and services for corporate customers, including deposits, loans, settlement, clearing, and other trade-related services. The Bank primarily operates in the Guangdong Province.

Executives

Harvest Fund Management Co., Ltd.
China Credit Trust Co., Ltd.
Guang Zhou Shi Jian She Tou Zi Fa Zhan You Xian Gong Si	2101 Beneficial owner
Guang Zhou Shi Cheng Shi Jian She Tou Zi Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Goncius I Limited	2101 Beneficial owner
Guang Zhou Jin Rong Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Guangzhou Finance Holdings (hk) Company Limited	2101 Beneficial owner
Guang Rong Finance Company Limited	2101 Beneficial owner
Manureen Investment Limited	2101 Beneficial owner
Lin Xiaohui	2201 Interest of corporation controlled by you
Su Jiaohua	2202 Interest of your spouse
Lead Straight Limited	2101 Beneficial owner
Grandbuy International Trade (hk) Limited	2101 Beneficial owner
Guang Zhou Bai Huo Qi Ye Ji Tuan You Xian Gong Si	2101 Beneficial owner
Lei Manying	2201 Interest of corporation controlled by you

Guangzhou Rural Commercial Bank Co (HKSE:01551) Headlines

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