Realcan Pharmaceutical Group Co (SZSE:002589) Total Assets : ¥15,559 Mil (As of Mar. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Realcan Pharmaceutical Group Co Total Assets?

Realcan Pharmaceutical Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥15,559 Mil.

During the past 12 months, Realcan Pharmaceutical Group Co's average Total Assets Growth Rate was -5.40% per year. During the past 3 years, the average Total Assets Growth Rate was -23.80% per year. During the past 5 years, the average Total Assets Growth Rate was -19.20% per year. During the past 10 years, the average Total Assets Growth Rate was 13.50% per year.

During the past 13 years, Realcan Pharmaceutical Group Co's highest 3-Year average Total Assets Growth Rate was 69.80%. The lowest was -23.80%. And the median was 41.30%.

Total Assets is connected with ROA %. Realcan Pharmaceutical Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.38%. Total Assets is also linked to Revenue through Asset Turnover. Realcan Pharmaceutical Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.

Realcan Pharmaceutical Group Co Total Assets Historical Data

The historical data trend for Realcan Pharmaceutical 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.

Realcan Pharmaceutical Group Co Total Assets Chart

Realcan Pharmaceutical Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

32,465.27

32,162.75

26,396.97

18,332.21

16,709.31

Realcan Pharmaceutical 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															19,189.86	18,281.21	17,427.55	16,709.31	15,558.94

Realcan Pharmaceutical 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.

Realcan Pharmaceutical 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 )
	=	5636.977	+	11072.329
	=	16,709

Realcan Pharmaceutical 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 )
	=	5655.548	+	9903.392
	=	15,559

Realcan Pharmaceutical Group Co (SZSE:002589) Total Assets Explanation

Total Assets is connected with ROA %.

Realcan Pharmaceutical 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 )
	=	60.676	/	( (16709.306	+	15558.94)	/ 2 )
	=	60.676	/	16134.123
	=	0.38 %

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.

Realcan Pharmaceutical 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 )
=	2018.759	/	( (16709.306	+	15558.94)	/ 2 )
=	2018.759	/	16134.123
=	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.

Realcan Pharmaceutical Group Co Total Assets Related Terms

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

Realcan Pharmaceutical Group Co (SZSE:002589) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Realcan Pharmaceutical Group Co Ltd (SZSE:002589) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 326, Airport Road, Zhifu District, Shandong Province, Yantai, CHN, 264004

Website

http://www.realcan.cn

Realcan Pharmaceutical Group Co Ltd is a Chinese company engaged in direct pharmaceuticals distribution services. The company's main business is divided into the Drug, vaccine, medical device circulation service; Medical industry third-party logistics; Medical information service; Medical logistics service; Chinese medicine plate; Hospital management sector; Medical industry research and development production sector; and Medical industry financial sector.

Realcan Pharmaceutical Group Co (SZSE:002589) Headlines

No Headlines