China Green Agriculture's Total Assets for the quarter that ended in Dec. 2023 was $186.0 Mil.
During the past 12 months, China Green Agriculture's average Total Assets Growth Rate was -12.20% per year.
During the past 3 years, the average Total Assets Growth Rate was -29.50% per year.
During the past 5 years, the average Total Assets Growth Rate was -22.30% per year.
During the past 10 years, the average Total Assets Growth Rate was -7.70% per year.
During the past 13 years, China Green Agriculture's highest 3-Year average Total Assets Growth Rate was 70.20%. The lowest was -30.50%. And the median was 6.90%.
Total Assets is connected with ROA %. China Green Agriculture's annualizedROA % for the quarter that ended in Dec. 2023 was -11.65%. Total Assets is also linked to Revenue through Asset Turnover. China Green Agriculture's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.
China Green Agriculture Total Assets Historical Data
The historical data trend for China Green Agriculture'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.
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 Green Agriculture's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as
* 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 Green Agriculture (NYSE:CGA) Total Assets Explanation
Note:
The Net Income data used here is four times the quarterly (Dec. 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.
China Green Agriculture's Asset Turnover for the quarter that ended in Dec. 2023 is
* 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 Green Agriculture Total Assets Related Terms
Thank you for viewing the detailed overview of China Green Agriculture's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
China Green Agriculture (China Green Agriculture) Business Description
China Green Agriculture Inc is engaged in the business of fertilizer and agricultural products. It involves the research, development, production, distribution, and sale of humic acid-based compound fertilizer, blended fertilizer, organic compound fertilizer, slow-release fertilizers, concentrated water-soluble fertilizers, and mixed organic-inorganic compound fertilizer and the development, production, and distribution of agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings in China. The company operates in three segments: Fertilizer products (Jinong), Fertilizer products (Gufeng), and agricultural products (Yuxing). All of its operations are conducted in China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
CGA has been successfully added to your 