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Rongan Property Co (SZSE:000517) Total Assets : ¥16,115 Mil (As of Mar. 2025)


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What is Rongan Property Co Total Assets?

Rongan Property Co's Total Assets for the quarter that ended in Mar. 2025 was ¥16,115 Mil.

During the past 12 months, Rongan Property Co's average Total Assets Growth Rate was -61.50% per year. During the past 3 years, the average Total Assets Growth Rate was -38.90% per year. During the past 5 years, the average Total Assets Growth Rate was -11.90% per year. During the past 10 years, the average Total Assets Growth Rate was 22.60% per year.

During the past 13 years, Rongan Property Co's highest 3-Year average Total Assets Growth Rate was 220.50%. The lowest was -38.90%. And the median was 24.05%.

Total Assets is connected with ROA %. Rongan Property Co's annualized ROA % for the quarter that ended in Mar. 2025 was 0.44%. Total Assets is also linked to Revenue through Asset Turnover. Rongan Property Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.15.


Rongan Property Co Total Assets Historical Data

The historical data trend for Rongan Property 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.

Rongan Property Co Total Assets Chart

Rongan Property Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67,775.55 83,411.55 73,336.81 48,317.31 19,008.98

Rongan Property Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 40,705.66 33,448.71 28,886.48 19,008.98 16,114.79

Rongan Property 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.

Rongan Property Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=6465.536+12543.443
=19,009

Rongan Property Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=6472.752+9642.042
=16,115

* 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.


Rongan Property Co  (SZSE:000517) Total Assets Explanation

Total Assets is connected with ROA %.

Rongan Property Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=77.272/( (19008.979+16114.794)/ 2 )
=77.272/17561.8865
=0.44 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Rongan Property Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=2618.408/( (19008.979+16114.794)/ 2 )
=2618.408/17561.8865
=0.15

* 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.

Rongan Property Co Total Assets Related Terms

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Rongan Property Co Business Description

Traded in Other Exchanges
N/A
Address
No. 513, Lingqiao Road, 15th Floor, Haishu District, Zhejiang, Ningbo, CHN, 315010
Rongan Property Co Ltd is a China-based company engages in the development, operation, and distribution of real estate. Its business activities include the sale of real estate properties, property management, and house leasing services. It is also engaged in the construction of commercial properties such as parking lots. It also offers multi-story apartments, small and high-rise apartments and business buildings.
Executives
Wang Cong Wei Directors, executives
Wang Jiu Fang Director
Lan Dong Hai Directors, executives
Yu Ya Ping Supervisors
Wang Lin Shan Director
Zhong Wei Min Director
Yu Kang Qi Directors, executives
Song Zhang Hong Executives
Wang Xin Zhong Supervisors
Hu Yue Han Directors, executives
Wu Ying Securities Affairs Representative

Rongan Property Co Headlines

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