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ARTS Group Co (SHSE:603017) Total Assets : ¥3,289 Mil (As of Mar. 2024)


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What is ARTS Group Co Total Assets?

ARTS Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,289 Mil.

During the past 12 months, ARTS Group Co's average Total Assets Growth Rate was -4.00% per year. During the past 3 years, the average Total Assets Growth Rate was -7.30% per year. During the past 5 years, the average Total Assets Growth Rate was -1.70% per year. During the past 10 years, the average Total Assets Growth Rate was 18.00% per year.

During the past 13 years, ARTS Group Co's highest 3-Year average Total Assets Growth Rate was 78.70%. The lowest was -7.30%. And the median was 13.80%.

Total Assets is connected with ROA %. ARTS Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.58%. Total Assets is also linked to Revenue through Asset Turnover. ARTS Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.


ARTS Group Co Total Assets Historical Data

The historical data trend for ARTS 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.

ARTS Group Co Total Assets Chart

ARTS 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 3,532.30 3,780.29 3,292.96 3,393.85 3,392.26

ARTS 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 3,210.58 3,236.70 3,324.25 3,392.26 3,289.09

ARTS 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.

ARTS 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 )
=1484.228+1908.032
=3,392

ARTS 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 )
=1504.792+1784.298
=3,289

* 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.


ARTS Group Co  (SHSE:603017) Total Assets Explanation

Total Assets is connected with ROA %.

ARTS 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 )
=119.744/( (3392.26+3289.09)/ 2 )
=119.744/3340.675
=3.58 %

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.

ARTS 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 )
=329.222/( (3392.26+3289.09)/ 2 )
=329.222/3340.675
=0.10

* 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.

ARTS Group Co Total Assets Related Terms

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ARTS Group Co (SHSE:603017) Business Description

Traded in Other Exchanges
N/A
Address
Suhong Middle Road No.393, Suzhou Industrial Park, Suzhou, Hongkong, CHN
ARTS Group Co Ltd is engaged in planning, design, construction, and development with the purpose of providing engineering and technical service. The company's project profile consists of Public Building, Planning Design, Interior Design, Landscape Design, Residential Projects, Logistics Construction, Green Building, and others.
Executives
Li Zheng senior management
Zhan Xin Jian Director
Xu Hai Ying Director
Jiang Wen Bei Director
Bai Jiang Hong Director
Lu Xue Jun Director
Zhang Yan Cheng senior management
Yu Ji Peng Supervisors
Zhang Jin Director
Liao Chen Supervisors
Fu Wei Dong Supervisors
Xu Hong Tao Supervisors
Tan Li Hua Supervisors
Zou Jin Xin Director
Xue Jin Hai Supervisors

ARTS Group Co (SHSE:603017) Headlines

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