Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Total Assets : ¥549.3 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Chengdu Zhonghuan Flow Controls Mfg Co Total Assets?

Chengdu Zhonghuan Flow Controls Mfg Co's Total Assets for the quarter that ended in Mar. 2024 was ¥549.3 Mil.

Warning Sign:

If a company builds assets at 14.8% a year, faster than its revenue growth rate of 6.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Chengdu Zhonghuan Flow Controls Mfg Co's average Total Assets Growth Rate was -2.70% per year. During the past 3 years, the average Total Assets Growth Rate was 23.30% per year. During the past 5 years, the average Total Assets Growth Rate was 14.80% per year. During the past 10 years, the average Total Assets Growth Rate was 13.10% per year.

During the past 11 years, Chengdu Zhonghuan Flow Controls Mfg Co's highest 3-Year average Total Assets Growth Rate was 23.30%. The lowest was 5.90%. And the median was 12.00%.

Total Assets is connected with ROA %. Chengdu Zhonghuan Flow Controls Mfg Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.86%. Total Assets is also linked to Revenue through Asset Turnover. Chengdu Zhonghuan Flow Controls Mfg Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Chengdu Zhonghuan Flow Controls Mfg Co Total Assets Historical Data

The historical data trend for Chengdu Zhonghuan Flow Controls Mfg 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.

Chengdu Zhonghuan Flow Controls Mfg Co Total Assets Chart

Chengdu Zhonghuan Flow Controls Mfg Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

291.75

305.84

473.50

556.49

556.66

Chengdu Zhonghuan Flow Controls Mfg Co Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															542.14	520.21	536.80	556.66	549.26

Chengdu Zhonghuan Flow Controls Mfg 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.

Chengdu Zhonghuan Flow Controls Mfg 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 )
	=	413.749	+	142.911
	=	556.7

Chengdu Zhonghuan Flow Controls Mfg 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 )
	=	420.469	+	128.792
	=	549.3

Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Total Assets Explanation

Total Assets is connected with ROA %.

Chengdu Zhonghuan Flow Controls Mfg 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 )
	=	26.88	/	( (556.66	+	549.261)	/ 2 )
	=	26.88	/	552.9605
	=	4.86 %

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.

Chengdu Zhonghuan Flow Controls Mfg 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 )
=	32.416	/	( (556.66	+	549.261)	/ 2 )
=	32.416	/	552.9605
=	0.06

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.

Chengdu Zhonghuan Flow Controls Mfg Co Total Assets Related Terms

Thank you for viewing the detailed overview of Chengdu Zhonghuan Flow Controls Mfg Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chengdu Zhonghuan Flow Controls Mfg Co Ltd (BJSE:836260) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 2139, Konggang 4th Road, Southwest Airport, Pilot Free Trade Zone, Xihanggang, Shuangliu District, Chengdu, CHN, 610207

Website

https://www.zh-flow.com

Chengdu Zhonghuan Flow Controls Mfg Co Ltd engages in the design, development, production, and sales of valve actuators, wellhead safety control systems, and skid-mounted equipment. It manufactures API 6D valve gas-hydraulic actuators, electro-hydraulic actuators, and pneumatic actuators; API 6A wellhead safety control systems, wellhead safety valve actuators; skids for major conventional oil and gas fields, unconventional oil and gas fields, gas storage depots, and local gas companies Assembly and module manufacturing; control valves and instrumentation.

Chengdu Zhonghuan Flow Controls Mfg Co (BJSE:836260) Headlines

No Headlines