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China Food Co (LSE:CFC) Total Assets : £73.21 Mil (As of Jun. 2013)


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What is China Food Co Total Assets?

China Food Co's Total Assets for the quarter that ended in Jun. 2013 was £73.21 Mil.

Total Assets is connected with ROA %. China Food Co's annualized ROA % for the quarter that ended in Jun. 2013 was -9.18%. Total Assets is also linked to Revenue through Asset Turnover. China Food Co's Asset Turnover for the quarter that ended in Jun. 2013 was 0.09.


China Food Co Total Assets Historical Data

The historical data trend for China Food 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 Food Co Total Assets Chart

China Food Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Assets
Get a 7-Day Free Trial 26.11 45.20 43.85 54.68 67.85

China Food Co Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 60.10 67.85 68.51 69.39 73.21

China Food 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 Food Co's Total Assets for the fiscal year that ended in Dec. 2011 is calculated as

Total Assets=Total Equity (A: Dec. 2011 )+Total Liabilities (A: Dec. 2011 )
=38.895+28.957
=67.85

China Food Co's Total Assets for the quarter that ended in Jun. 2013 is calculated as

Total Assets=Total Equity (Q: Jun. 2013 )+Total Liabilities (Q: Jun. 2013 )
=31.515+41.695
=73.21

* 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.


China Food Co  (LSE:CFC) Total Assets Explanation

Total Assets is connected with ROA %.

China Food Co's annualized ROA % for the quarter that ended in Jun. 2013 is

ROA %=Net Income (Q: Jun. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=-6.548/( (69.385+73.21)/ 2 )
=-6.548/71.2975
=-9.18 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2013) 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 Food Co's Asset Turnover for the quarter that ended in Jun. 2013 is

Asset Turnover
=Revenue (Q: Jun. 2013 )/( (Total Assets (Q: Dec. 2012 )+Total Assets (Q: Jun. 2013 ))/ count )
=6.332/( (69.385+73.21)/ 2 )
=6.332/71.2975
=0.09

* 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.

China Food Co Total Assets Related Terms

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China Food Co (LSE:CFC) Business Description

Traded in Other Exchanges
N/A
Address
China Food Company PLC is incorporated in England and Wales. It produces and distributes cooking and dipping sauces, soya sauce and vinegar/bean paste through its subsidiaries in the People's Republic of China.

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