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Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Total Assets : $5,491 Mil (As of Mar. 2024)


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What is Sinopec Shanghai Petrochemical Co Total Assets?

Sinopec Shanghai Petrochemical Co's Total Assets for the quarter that ended in Mar. 2024 was $5,491 Mil.

During the past 12 months, Sinopec Shanghai Petrochemical Co's average Total Assets Growth Rate was -7.40% per year. During the past 3 years, the average Total Assets Growth Rate was -2.60% per year. During the past 5 years, the average Total Assets Growth Rate was 1.90% per year. During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 13 years, Sinopec Shanghai Petrochemical Co's highest 3-Year average Total Assets Growth Rate was 10.00%. The lowest was -9.70%. And the median was 4.10%.

Total Assets is connected with ROA %. Sinopec Shanghai Petrochemical Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.85%. Total Assets is also linked to Revenue through Asset Turnover. Sinopec Shanghai Petrochemical Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.54.

Sinopec Shanghai Petrochemical Co Total Assets Historical Data

The historical data trend for Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical Co Total Assets Chart

Sinopec Shanghai Petrochemical 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 6,506.71 6,843.11 7,385.21 5,915.74 5,554.22

Sinopec Shanghai Petrochemical 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 5,897.33 5,823.14 5,387.88 5,554.22 5,491.22

Sinopec Shanghai Petrochemical 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.

Sinopec Shanghai Petrochemical 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 )
=3493.306+2060.914
=5,554

Sinopec Shanghai Petrochemical 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 )
=3469.302+2021.915
=5,491

* 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.

Sinopec Shanghai Petrochemical Co  (OTCPK:SHIIY) Total Assets Explanation

Total Assets is connected with ROA %.

Sinopec Shanghai Petrochemical 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 )
=46.692/( (5554.22+5491.216)/ 2 )
=46.692/5522.718
=0.85 %

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.

Sinopec Shanghai Petrochemical 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 )
=2955.254/( (5554.22+5491.216)/ 2 )
=2955.254/5522.718
=0.54

* 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.

Sinopec Shanghai Petrochemical Co Total Assets Related Terms

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Sinopec Shanghai Petrochemical Co (Sinopec Shanghai Petrochemical Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Sinopec Shanghai Petrochemical Co Ltd (OTCPK:SHIIY) » Definitions » Total Assets
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SZSE:000096 SHSE:603906 SHSE:603003 SZSE:000407 SHSE:600387 SZSE:000159 SZSE:000554 SZSE:300839 SZSE:002778 NSE:RELIANCE MPC PSX VLO NSE:IOC OHEL:NESTE TPE:6505 XKAZ:KMGZ BOM:500547 TSE:5020 DINO
Traded in Other Exchanges
SPTJF:USA 00338:Hong Kong SGJH:Germany SGJH:Germany 600688:China
Address
No. 48 Jinyi Road, Jinshan District, Shanghai, CHN, 200540
Website
http://www.sinopec.com
Sinopec Shanghai Petrochemical Co Ltd is a Chinese petrochemical company. The company's operating segment includes Synthetic fibers; Resins and plastics; Intermediate petrochemicals; Petroleum products; Trading of petrochemical products and Others. It generates maximum revenue from the Petroleum products segment. The petroleum products segment is equipped with crude oil refinery facilities used to produce qualified refined gasoline, fuel, diesel oil, heavy oil and liquefied petroleum gas, and provide raw materials for the group's downstream petrochemical processing facilities.