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China Runji Cement (China Runji Cement) Total Assets : $81.05 Mil (As of Feb. 2011)


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What is China Runji Cement Total Assets?

China Runji Cement's Total Assets for the quarter that ended in Feb. 2011 was $81.05 Mil.

Total Assets is connected with ROA %. China Runji Cement's annualized ROA % for the quarter that ended in Feb. 2011 was 5.92%. Total Assets is also linked to Revenue through Asset Turnover. China Runji Cement's Asset Turnover for the quarter that ended in Feb. 2011 was 0.21.


China Runji Cement Total Assets Historical Data

The historical data trend for China Runji Cement'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 Runji Cement Total Assets Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Total Assets
0.02 0.01 68.26 77.07 74.78

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 81.23 81.25 74.78 85.11 81.05

China Runji Cement 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 Runji Cement's Total Assets for the fiscal year that ended in Aug. 2010 is calculated as

Total Assets=Total Equity (A: Aug. 2010 )+Total Liabilities (A: Aug. 2010 )
=25.044+49.733
=74.78

China Runji Cement's Total Assets for the quarter that ended in Feb. 2011 is calculated as

Total Assets=Total Equity (Q: Feb. 2011 )+Total Liabilities (Q: Feb. 2011 )
=31.392+49.656
=81.05

* 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 Runji Cement  (GREY:CRJI) Total Assets Explanation

Total Assets is connected with ROA %.

China Runji Cement's annualized ROA % for the quarter that ended in Feb. 2011 is

ROA %=Net Income (Q: Feb. 2011 )/( (Total Assets (Q: Nov. 2010 )+Total Assets (Q: Feb. 2011 ))/ count )
=4.92/( (85.11+81.048)/ 2 )
=4.92/83.079
=5.92 %

Note: The Net Income data used here is four times the quarterly (Feb. 2011) 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 Runji Cement's Asset Turnover for the quarter that ended in Feb. 2011 is

Asset Turnover
=Revenue (Q: Feb. 2011 )/( (Total Assets (Q: Nov. 2010 )+Total Assets (Q: Feb. 2011 ))/ count )
=17.042/( (85.11+81.048)/ 2 )
=17.042/83.079
=0.21

* 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 Runji Cement Total Assets Related Terms

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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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