Hunan Huamin Holdings Co (SZSE:300345) Total Assets : ¥2,737 Mil (As of Mar. 2024)

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What is Hunan Huamin Holdings Co Total Assets?

Hunan Huamin Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,737 Mil.

During the past 12 months, Hunan Huamin Holdings Co's average Total Assets Growth Rate was 85.80% per year. During the past 3 years, the average Total Assets Growth Rate was 68.80% per year. During the past 5 years, the average Total Assets Growth Rate was 25.80% per year. During the past 10 years, the average Total Assets Growth Rate was 3.00% per year.

During the past 13 years, Hunan Huamin Holdings Co's highest 3-Year average Total Assets Growth Rate was 68.80%. The lowest was -22.30%. And the median was 18.20%.

Total Assets is connected with ROA %. Hunan Huamin Holdings Co's annualized ROA % for the quarter that ended in Mar. 2024 was -7.27%. Total Assets is also linked to Revenue through Asset Turnover. Hunan Huamin Holdings Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.

Hunan Huamin Holdings Co Total Assets Historical Data

The historical data trend for Hunan Huamin Holdings 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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Hunan Huamin Holdings Co Total Assets Chart

Hunan Huamin Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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582.59

570.27

573.23

1,332.71

2,445.96

Hunan Huamin Holdings 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															1,563.26	1,914.85	2,287.28	2,445.96	2,736.62

Hunan Huamin Holdings 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.

Hunan Huamin Holdings 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 )
	=	854.171	+	1591.793
	=	2,446

Hunan Huamin Holdings 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 )
	=	798.441	+	1938.176
	=	2,737

Hunan Huamin Holdings Co (SZSE:300345) Total Assets Explanation

Total Assets is connected with ROA %.

Hunan Huamin Holdings 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 )
	=	-188.372	/	( (2445.964	+	2736.617)	/ 2 )
	=	-188.372	/	2591.2905
	=	-7.27 %

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.

Hunan Huamin Holdings 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 )
=	230.941	/	( (2445.964	+	2736.617)	/ 2 )
=	230.941	/	2591.2905
=	0.09

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.

Hunan Huamin Holdings Co Total Assets Related Terms

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Hunan Huamin Holdings Co (SZSE:300345) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Huamin Holdings Co Ltd (SZSE:300345) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

No. 068 Jinsha West Road, Jinzhou New District, Hunan, Changsha, CHN, 410600

Website

http://www.chinahongyu.cn

Hunan Huamin Holdings Co Ltd is engaged in provision of high-efficiency ball mill comprehensive energy-saving technology in the mining, cement and thermal power industries; industrial promotion of controlled ion infiltration (PIP) technology. The company produces, processes and sells rinding balls, grinding sections, roller wear-resistant parts and various wear-resistant new materials; production, sales and disassembly of lining plates; research and development, production and sales of polymer materials; research and development of energy-saving technologies for ball mills, among others.

Executives

Chen Ai Wen	Independent director
Chen Gui	Supervisors
Peng Guo Qun	Supervisors
Zhang Li	Executives
Zhu Hong Yu	Directors, Directors, and Executives
Chen Xin Wen	Secretary Dong

Hunan Huamin Holdings Co (SZSE:300345) Headlines

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