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Sinotruk Jinan Truck Co (SZSE:000951) Total Assets : ¥40,986 Mil (As of Mar. 2024)


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What is Sinotruk Jinan Truck Co Total Assets?

Sinotruk Jinan Truck Co's Total Assets for the quarter that ended in Mar. 2024 was ¥40,986 Mil.

During the past 12 months, Sinotruk Jinan Truck Co's average Total Assets Growth Rate was 9.00% per year. During the past 3 years, the average Total Assets Growth Rate was -12.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was 6.00% per year.

During the past 13 years, Sinotruk Jinan Truck Co's highest 3-Year average Total Assets Growth Rate was 42.60%. The lowest was -12.20%. And the median was 14.15%.

Total Assets is connected with ROA %. Sinotruk Jinan Truck Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.81%. Total Assets is also linked to Revenue through Asset Turnover. Sinotruk Jinan Truck Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.29.


Sinotruk Jinan Truck Co Total Assets Historical Data

The historical data trend for Sinotruk Jinan Truck 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.

Sinotruk Jinan Truck Co Total Assets Chart

Sinotruk Jinan Truck 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 24,003.44 37,116.66 35,477.79 34,371.52 37,082.79

Sinotruk Jinan Truck 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 36,279.98 37,476.59 39,192.83 37,082.79 40,985.76

Sinotruk Jinan Truck 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.

Sinotruk Jinan Truck 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 )
=15723.968+21358.823
=37,083

Sinotruk Jinan Truck 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 )
=16092.16+24893.601
=40,986

* 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.


Sinotruk Jinan Truck Co  (SZSE:000951) Total Assets Explanation

Total Assets is connected with ROA %.

Sinotruk Jinan Truck 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 )
=1096.128/( (37082.79+40985.761)/ 2 )
=1096.128/39034.2755
=2.81 %

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.

Sinotruk Jinan Truck 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 )
=11426.63/( (37082.79+40985.761)/ 2 )
=11426.63/39034.2755
=0.29

* 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.

Sinotruk Jinan Truck Co Total Assets Related Terms

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Sinotruk Jinan Truck Co (SZSE:000951) Business Description

Traded in Other Exchanges
N/A
Address
South Head of Dangjiazhuang Town, Shizhong District, Shandong Province, Jinan, CHN, 250116
Sinotruk Jinan Truck Co Ltd formerly known as Cnhtc Jinan Truck Co Ltd is a China-based company operates in the heavy-duty truck industry. The business activity of the group includes research, development, manufacture, and sale of a variety of truck which includes special vehicles, military vehicles, private cars as well as engines and special chassis. Geographically operates through China and its products are made available in both Chinese and international market.
Executives
Song Qi Dong Director
Yu You De Director
Liu Gang Director
Wan Chun Ling Executives
Liu Wei Director

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