GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Gansu Dunhuang Seed Group Co Ltd (SHSE:600354) » Definitions » Total Assets

Gansu Dunhuang Seed Group Co (SHSE:600354) Total Assets : ¥1,738 Mil (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Gansu Dunhuang Seed Group Co Total Assets?

Gansu Dunhuang Seed Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,738 Mil.

During the past 12 months, Gansu Dunhuang Seed Group Co's average Total Assets Growth Rate was -5.80% per year. During the past 3 years, the average Total Assets Growth Rate was -2.40% per year. During the past 5 years, the average Total Assets Growth Rate was -7.00% per year. During the past 10 years, the average Total Assets Growth Rate was -9.90% per year.

During the past 13 years, Gansu Dunhuang Seed Group Co's highest 3-Year average Total Assets Growth Rate was 31.70%. The lowest was -16.60%. And the median was 7.30%.

Total Assets is connected with ROA %. Gansu Dunhuang Seed Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 8.64%. Total Assets is also linked to Revenue through Asset Turnover. Gansu Dunhuang Seed Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.


Gansu Dunhuang Seed Group Co Total Assets Historical Data

The historical data trend for Gansu Dunhuang Seed Group 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.

Gansu Dunhuang Seed Group Co Total Assets Chart

Gansu Dunhuang Seed Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,964.67 1,723.32 1,587.55 1,947.14 1,918.25

Gansu Dunhuang Seed Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,881.17 1,551.51 1,768.22 1,918.25 1,738.18

Gansu Dunhuang Seed Group 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.

Gansu Dunhuang Seed Group 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 )
=773.282+1144.968
=1,918

Gansu Dunhuang Seed Group Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=800.01+938.173
=1,738

* 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.


Gansu Dunhuang Seed Group Co  (SHSE:600354) Total Assets Explanation

Total Assets is connected with ROA %.

Gansu Dunhuang Seed Group Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=157.876/( (1918.25+1738.182)/ 2 )
=157.876/1828.216
=8.64 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) 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.

Gansu Dunhuang Seed Group Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=443.21/( (1918.25+1738.182)/ 2 )
=443.21/1828.216
=0.24

* 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.

Gansu Dunhuang Seed Group Co Total Assets Related Terms

Thank you for viewing the detailed overview of Gansu Dunhuang Seed Group Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Gansu Dunhuang Seed Group Co (SHSE:600354) Business Description

Traded in Other Exchanges
N/A
Address
No. 28 Suzhou Road, Suzhou District, Jiuquan, Gansu, CHN, 735000
Gansu Dunhuang Seed Group Co Ltd is a China-based company engaged in the production and sale of all kinds of crop seed. The company produces and markets grain, cotton, melon and vegetable seeds and cotton products such as lint, cottonseeds, and linters. It is also involved in processing and sale of cotton oil, tomato sauce, tomato powder, and hops products.
Executives
Shi Xiao Zhong Director
Wang Cheng Ji Director
Wang Shan Guang senior management
Zhang Shao Ping Director

Gansu Dunhuang Seed Group Co (SHSE:600354) Headlines

No Headlines