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China Natural Gas (China Natural Gas) Total Assets : $307.5 Mil (As of Sep. 2013)


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What is China Natural Gas Total Assets?

China Natural Gas's Total Assets for the quarter that ended in Sep. 2013 was $307.5 Mil.

Total Assets is connected with ROA %. China Natural Gas's annualized ROA % for the quarter that ended in Sep. 2013 was 0.94%. Total Assets is also linked to Revenue through Asset Turnover. China Natural Gas's Asset Turnover for the quarter that ended in Sep. 2013 was 0.11.


China Natural Gas Total Assets Historical Data

The historical data trend for China Natural Gas'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.

China Natural Gas Total Assets Chart

China Natural Gas Annual Data
Trend Jul03 Jul04 Jul05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.26 197.62 247.45 276.98 288.50

China Natural Gas Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 287.88 288.50 293.54 299.50 307.50

China Natural Gas 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.

China Natural Gas's Total Assets for the fiscal year that ended in Dec. 2012 is calculated as

Total Assets=Total Equity (A: Dec. 2012 )+Total Liabilities (A: Dec. 2012 )
=204.241+84.26
=288.5

China Natural Gas's Total Assets for the quarter that ended in Sep. 2013 is calculated as

Total Assets=Total Equity (Q: Sep. 2013 )+Total Liabilities (Q: Sep. 2013 )
=219.783+87.714
=307.5

* 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.


China Natural Gas  (OTCPK:CHNGQ) Total Assets Explanation

Total Assets is connected with ROA %.

China Natural Gas's annualized ROA % for the quarter that ended in Sep. 2013 is

ROA %=Net Income (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=2.856/( (299.496+307.497)/ 2 )
=2.856/303.4965
=0.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2013) 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.

China Natural Gas's Asset Turnover for the quarter that ended in Sep. 2013 is

Asset Turnover
=Revenue (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=32.031/( (299.496+307.497)/ 2 )
=32.031/303.4965
=0.11

* 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.

China Natural Gas Total Assets Related Terms

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China Natural Gas (China Natural Gas) Business Description

Traded in Other Exchanges
N/A
Address
35 Tang Yan Road, 19th Floor Building B, Van Metropolis, Hi-Tech Zone, Shaanxi Province, Xian, CHN, 710065
China Natural Gas Inc through its subsidiaries engages in sales & distribution of natural gas and gasoline to commercial, industrial & residential customers, construction of pipeline networks, installation of natural gas fittings & parts for end-users.
Executives
Frank Waung director 72 GREAT HILLS RD., SHORT HILLS NJ 07078
Lawrence W. Leighton director TANG XING SHU MA BUILDING, SUITE 418, TANG XING ROAD, XIAN, SHAANXI PROVINCE F4 710065
Xiaogang Zhu officer: Chief Financial Officer SUITE 909, TOWER B, CHANG AN INTL BLDG, NO. 88 NAN GUAN ZHEN XIE, XI AN CITY, SHAN XI PROVINCE F4 710068

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