COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Total Assets : $10,095 Mil (As of Dec. 2023)

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What is COSCO SHIPPING Energy Transportation Co Total Assets?

COSCO SHIPPING Energy Transportation Co's Total Assets for the quarter that ended in Dec. 2023 was $10,095 Mil.

During the past 12 months, COSCO SHIPPING Energy Transportation Co's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 1.10% per year. During the past 10 years, the average Total Assets Growth Rate was -0.90% per year.

During the past 13 years, COSCO SHIPPING Energy Transportation Co's highest 3-Year average Total Assets Growth Rate was 39.90%. The lowest was -11.10%. And the median was 8.30%.

Total Assets is connected with ROA %. COSCO SHIPPING Energy Transportation Co's annualized ROA % for the quarter that ended in Dec. 2023 was -2.04%. Total Assets is also linked to Revenue through Asset Turnover. COSCO SHIPPING Energy Transportation Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.08.

COSCO SHIPPING Energy Transportation Co Total Assets Historical Data

The historical data trend for COSCO SHIPPING Energy Transportation 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.

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COSCO SHIPPING Energy Transportation Co Total Assets Chart

COSCO SHIPPING Energy Transportation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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9,387.61

10,086.69

9,324.25

9,789.64

10,095.46

COSCO SHIPPING Energy Transportation Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															9,987.33	9,950.07	9,912.33	10,095.46	-

COSCO SHIPPING Energy Transportation 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.

COSCO SHIPPING Energy Transportation 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 )
	=	5196.398	+	4899.063
	=	10,095

COSCO SHIPPING Energy Transportation 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 )
	=	5196.398	+	4899.063
	=	10,095

COSCO SHIPPING Energy Transportation Co (OTCPK:CSDXY) Total Assets Explanation

Total Assets is connected with ROA %.

COSCO SHIPPING Energy Transportation Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-204.56	/	( (9912.334	+	10095.461)	/ 2 )
	=	-204.56	/	10003.8975
	=	-2.04 %

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

COSCO SHIPPING Energy Transportation Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	753.18	/	( (9912.334	+	10095.461)	/ 2 )
=	753.18	/	10003.8975
=	0.08

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.

COSCO SHIPPING Energy Transportation Co Total Assets Related Terms

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COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » COSCO SHIPPING Energy Transportation Co Ltd (OTCPK:CSDXY) » Definitions » Total Assets

Traded in Other Exchanges

01138:Hong Kong HIFH:Germany 600026:China

Address

No.670 Dongdaming Road, 7th Floor, Hongkou District, Shanghai, CHN, 200080

Website

https://energy.coscoshipping.com

COSCO SHIPPING Energy Transportation Co Ltd engages in the shipping business. The firm's business covers oil shipping, which includes vessel chartering. The company operates through the following segments: Oil shipment, LNG and Others. The majority of the firm's revenue gets dominated by the Oil shipment segment.

COSCO SHIPPING Energy Transportation Co (COSCO SHIPPING Energy Transportation Co) Headlines

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