Sinovus Mining (ASX:SNV) Total Assets: A$1.88 Mil (As of Dec. 2015)


What is Sinovus Mining Total Assets?

Sinovus Mining ASX:SNV Total Assets is A$1.88 Mil as of Dec. 2015. The stock has 4 warning signs investors should review.

Sinovus Mining's Total Assets for the quarter that ended in Dec. 2015 was A$1.88 Mil.

During the past 12 months, Sinovus Mining's average Total Assets Growth Rate was -2.10% per year. During the past 3 years, the average Total Assets Growth Rate was -48.50% per year. During the past 5 years, the average Total Assets Growth Rate was -26.50% per year.

During the past 9 years, Sinovus Mining's highest 3-Year average Total Assets Growth Rate was 81.40%. The lowest was -48.50%. And the median was -16.20%.

Total Assets is connected with ROA %. Sinovus Mining's annualized ROA % for the quarter that ended in Dec. 2015 was 10.09%. Total Assets is also linked to Revenue through Asset Turnover. Sinovus Mining's Asset Turnover for the quarter that ended in Dec. 2015 was 0.00.

Sinovus Mining  (ASX:SNV) Total Assets Explanation

Total Assets is connected with ROA %.

Sinovus Mining's annualized ROA % for the quarter that ended in Dec. 2015 is

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0.19/( (1.888+1.877)/ 2 )
=0.19/1.8825
=10.09 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2015) 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.

Sinovus Mining's Asset Turnover for the quarter that ended in Dec. 2015 is

Asset Turnover
=Revenue (Q: Dec. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=0/( (1.888+1.877)/ 2 )
=0/1.8825
=0.00

* 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.

Sinovus Mining Total Assets Related Terms

Sinovus Mining Total Assets Historical Data

* Premium members only.

The historical data trend for Sinovus Mining'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.

Sinovus Mining Total Assets Chart

Sinovus Mining Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Assets
Get a 7-Day Free Trial Premium Member Only 3.04 2.51 1.98 1.89 1.90

Sinovus Mining Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 1.98 1.91 1.89 1.88 1.90

Sinovus Mining 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.

Sinovus Mining's Total Assets for the fiscal year that ended in Jun. 2016 is calculated as

Total Assets=Total Equity (A: Jun. 2016 )+Total Liabilities (A: Jun. 2016 )
=0.964+0.934
=1.90

Sinovus Mining's Total Assets for the quarter that ended in Dec. 2015 is calculated as

Total Assets=Total Equity (Q: Dec. 2015 )+Total Liabilities (Q: Dec. 2015 )
=1.141+0.737
=1.88

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of A$1.88 Mil mean?
Sinovus Mining (ASX:SNV) has a Total Assets of A$1.88 Mil as of Dec. 2015. The total amount of assets as recorded on a company's balance sheet. View historical data on Sinovus Mining and its competitors.
Is Sinovus Mining's Total Assets too high?
Sinovus Mining's current Total Assets is A$1.88 Mil.
How does Sinovus Mining's Total Assets compare to competitors?
Sinovus Mining's Total Assets of A$1.88 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Metals & Mining company?
A good Total Assets depends on the Metals & Mining industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Sinovus Mining and its competitors. Sinovus Mining's current Total Assets is A$1.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sinovus Mining stock overvalued right now?
Sinovus Mining (ASX:SNV) has a current Total Assets of A$1.88 Mil. The current Total Assets is A$1.88 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Sinovus Mining (ASX:SNV), the current Total Assets is A$1.88 Mil as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Sinovus Mining Business Description

Address 32 Martin Place, Level 10, Sydney, NSW, AUS, 2000
Sinovus Mining Ltd is a mineral resource company. It engaged in developing its gold assets in the Heilongjiang region of north-eastern China. The Company's main projects include: Xiangguang Silver Project, Laogouxi Gold Project, YangShan Coal Mine and Paltar Petroleum Limited.