CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Total Assets : $42,167 Mil (As of Dec. 2023)

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What is CIFI Holdings (Group) Co Total Assets?

CIFI Holdings (Group) Co's Total Assets for the quarter that ended in Dec. 2023 was $42,167 Mil.

Warning Sign:

If a company builds assets at 8.6% a year, faster than its revenue growth rate of 2.9% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, CIFI Holdings (Group) Co's average Total Assets Growth Rate was -22.80% per year. During the past 3 years, the average Total Assets Growth Rate was -6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 8.60% per year. During the past 10 years, the average Total Assets Growth Rate was 30.20% per year.

During the past 13 years, CIFI Holdings (Group) Co's highest 3-Year average Total Assets Growth Rate was 57.30%. The lowest was -6.70%. And the median was 31.25%.

Total Assets is connected with ROA %. CIFI Holdings (Group) Co's annualized ROA % for the quarter that ended in Dec. 2023 was 0.07%. Total Assets is also linked to Revenue through Asset Turnover. CIFI Holdings (Group) Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.

CIFI Holdings (Group) Co Total Assets Historical Data

The historical data trend for CIFI Holdings (Group) 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.

CIFI Holdings (Group) Co Total Assets Chart

CIFI Holdings (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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46,317.23

58,003.06

67,943.03

55,385.75

42,167.01

CIFI Holdings (Group) Co 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															67,943.03	61,240.07	55,385.75	50,659.65	42,167.01

CIFI Holdings (Group) 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.

CIFI Holdings (Group) 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 )
	=	9042.999	+	33124.012
	=	42,167

CIFI Holdings (Group) Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	9042.999	+	33124.012
	=	42,167

CIFI Holdings (Group) Co (GREY:CFFHF) Total Assets Explanation

Total Assets is connected with ROA %.

CIFI Holdings (Group) Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	32.79	/	( (50659.651	+	42167.011)	/ 2 )
	=	32.79	/	46413.331
	=	0.07 %

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

CIFI Holdings (Group) Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	5674.021	/	( (50659.651	+	42167.011)	/ 2 )
=	5674.021	/	46413.331
=	0.12

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.

CIFI Holdings (Group) Co Total Assets Related Terms

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CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CIFI Holdings (Group) Co Ltd (GREY:CFFHF) » Definitions » Total Assets

Traded in Other Exchanges

00884:Hong Kong 6CI:Germany

Address

Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106

Website

https://www.cifi.com.cn

CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

CIFI Holdings (Group) Co (CIFI Holdings (Group) Co) Headlines

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