Fanhua (Fanhua) Total Assets : $548.9 Mil (As of Sep. 2023)

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What is Fanhua Total Assets?

Fanhua's Total Assets for the quarter that ended in Sep. 2023 was $548.9 Mil.

During the past 12 months, Fanhua's average Total Assets Growth Rate was 24.30% per year. During the past 3 years, the average Total Assets Growth Rate was 9.70% per year. During the past 5 years, the average Total Assets Growth Rate was 3.40% per year. During the past 10 years, the average Total Assets Growth Rate was 8.20% per year.

During the past 13 years, Fanhua's highest 3-Year average Total Assets Growth Rate was 181.90%. The lowest was -16.70%. And the median was 10.80%.

Total Assets is connected with ROA %. Fanhua's annualized ROA % for the quarter that ended in Sep. 2023 was 16.58%. Total Assets is also linked to Revenue through Asset Turnover. Fanhua's Asset Turnover for the quarter that ended in Sep. 2023 was 0.15.

Fanhua Total Assets Historical Data

The historical data trend for Fanhua'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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Fanhua Total Assets Chart

Fanhua Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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561.71

490.59

471.15

509.02

443.15

Fanhua Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															407.05	443.15	566.50	580.08	548.85

Fanhua 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.

Fanhua's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	248.337	+	194.814
	=	443.2

Fanhua's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	330.005	+	218.845
	=	548.9

Fanhua (NAS:FANH) Total Assets Explanation

Total Assets is connected with ROA %.

Fanhua's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	93.56	/	( (580.075	+	548.85)	/ 2 )
	=	93.56	/	564.4625
	=	16.58 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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.

Fanhua's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	86.959	/	( (580.075	+	548.85)	/ 2 )
=	86.959	/	564.4625
=	0.15

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.

Fanhua Total Assets Related Terms

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Fanhua (Fanhua) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fanhua Inc (NAS:FANH) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

4CIA:Germany

Address

No.15 West Zhujiang Road, 60th Floor, Pearl River Tower, Guangdong, Guangzhou, CHN, 510623

Website

https://www.fanhuaholdings.com

Fanhua Inc is an independent insurance intermediary company operating in China. The company sells insurance product offerings from various insurance companies through their online platforms Lan Zhanggui, Baowang, and eHuzhu. The company's segments include the insurance agency segment, which mainly consists of providing agency services for distributing life insurance products and P&C insurance products on behalf of insurance companies; and the claims adjusting segment, which consists of providing pre-underwriting survey services, claim adjusting services, disposal of residual value services, loading and unloading supervision services, and consulting services. The insurance agency segment contributes to the majority of the revenue. The company generates all of its revenues from China.