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China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Total Assets : $2,701.0 Mil (As of Jun. 2023)


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What is China Shuifa Singyes Energy Holdings Total Assets?

China Shuifa Singyes Energy Holdings's Total Assets for the quarter that ended in Jun. 2023 was $2,701.0 Mil.

During the past 12 months, China Shuifa Singyes Energy Holdings's average Total Assets Growth Rate was 12.90% per year. During the past 3 years, the average Total Assets Growth Rate was 20.30% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year. During the past 10 years, the average Total Assets Growth Rate was 13.20% per year.

During the past 13 years, China Shuifa Singyes Energy Holdings's highest 3-Year average Total Assets Growth Rate was 81.50%. The lowest was 1.50%. And the median was 20.30%.

Total Assets is connected with ROA %. China Shuifa Singyes Energy Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was 0.24%. Total Assets is also linked to Revenue through Asset Turnover. China Shuifa Singyes Energy Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.11.


China Shuifa Singyes Energy Holdings Total Assets Historical Data

The historical data trend for China Shuifa Singyes Energy Holdings'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 Shuifa Singyes Energy Holdings Total Assets Chart

China Shuifa Singyes Energy Holdings 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 1,704.84 2,098.59 2,291.93 2,777.23 3,030.51

China Shuifa Singyes Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2,291.93 2,458.44 2,777.23 2,701.00 3,030.51

China Shuifa Singyes Energy Holdings 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 Shuifa Singyes Energy Holdings'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 )
=783.363+1993.866
=2,777.2

China Shuifa Singyes Energy Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=757.847+1943.157
=2,701.0

* 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 Shuifa Singyes Energy Holdings  (OTCPK:CSSXF) Total Assets Explanation

Total Assets is connected with ROA %.

China Shuifa Singyes Energy Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=6.656/( (2777.229+2701.003)/ 2 )
=6.656/2739.116
=0.24 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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 Shuifa Singyes Energy Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=311.628/( (2777.229+2701.003)/ 2 )
=311.628/2739.116
=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 Shuifa Singyes Energy Holdings Total Assets Related Terms

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China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Business Description

Traded in Other Exchanges
Address
168-200 Connaught Road Central, Unit 3108, 31st Floor, China Merchants Tower, Shun Tak Centre, Sheung Wan, Hong Kong, HKG
China Shuifa Singyes Energy Holdings Ltd is an investment holding company. The company is a professional renewable energy solution provider and building contractor. The principal activities of the company include design, fabrication, and installation of conventional curtain walls and solar projects. The operating segment includes Construction services, Sale of products, Sale of electricity and related tariff subsidy and Others. Majority revenue derived from Construction services segment.

China Shuifa Singyes Energy Holdings (China Shuifa Singyes Energy Holdings) Headlines

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