Cheerwin Group (HKSE:06601) Total Assets : HK$4,196 Mil (As of Dec. 2023)

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What is Cheerwin Group Total Assets?

Cheerwin Group's Total Assets for the quarter that ended in Dec. 2023 was HK$4,196 Mil.

Warning Sign:

If a company builds assets at 5.9% a year, faster than its revenue growth rate of 2.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Cheerwin Group's average Total Assets Growth Rate was 21.70% per year. During the past 3 years, the average Total Assets Growth Rate was 10.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.90% per year.

During the past 7 years, Cheerwin Group's highest 3-Year average Total Assets Growth Rate was 10.70%. The lowest was -12.90%. And the median was 3.90%.

Total Assets is connected with ROA %. Cheerwin Group's annualized ROA % for the quarter that ended in Dec. 2023 was 2.11%. Total Assets is also linked to Revenue through Asset Turnover. Cheerwin Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.13.

Cheerwin Group Total Assets Historical Data

The historical data trend for Cheerwin 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.

Cheerwin Group Total Assets Chart

Cheerwin Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,364.10

1,906.68

4,190.92

3,995.78

4,195.89

Cheerwin Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial						4,190.92	3,800.51	3,995.78	3,806.85	4,195.89

Cheerwin 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.

Cheerwin 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 )
	=	3212.945	+	982.95
	=	4,196

Cheerwin Group'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 )
	=	3212.945	+	982.95
	=	4,196

Cheerwin Group (HKSE:06601) Total Assets Explanation

Total Assets is connected with ROA %.

Cheerwin Group'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 )
	=	84.252	/	( (3806.849	+	4195.894)	/ 2 )
	=	84.252	/	4001.3715
	=	2.11 %

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.

Cheerwin Group'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 )
=	528.103	/	( (3806.849	+	4195.894)	/ 2 )
=	528.103	/	4001.3715
=	0.13

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.

Cheerwin Group Total Assets Related Terms

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Cheerwin Group (HKSE:06601) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Cheerwin Group Ltd (HKSE:06601) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2, Luju Road, Liwan District, Guangdong Province, Guangzhou, CHN, 510370

Website

https://www.cheerwin.com

Cheerwin Group Ltd is an investment holding company. It is mainly manufacturing and trading of household insecticides and repellents, household cleaning, air care, personal care, pet care, and other products in China. company revenue is geographically derived from PRC.

Executives

Ubs Group Ag	2201 Interest of corporation controlled by you
Chen Kaichen
Chen Kaixuan
Li Ruohong
Ma Huizhen
Morgan Stanley & Co. International Plc	2105 Underwriter
Morgan Stanley International Holdings Inc.	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Chao Yun Huan Qiu You Xian Gong Si

Cheerwin Group (HKSE:06601) Headlines

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