EVGRF (China Evergrande New Energy Vehicle Group) Total Assets : $2,256.3 Mil (As of Jun. 2024)

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What is China Evergrande New Energy Vehicle Group Total Assets?

China Evergrande New Energy Vehicle Group's Total Assets for the quarter that ended in Jun. 2024 was $2,256.3 Mil.

During the past 12 months, China Evergrande New Energy Vehicle Group's average Total Assets Growth Rate was -62.30% per year. During the past 3 years, the average Total Assets Growth Rate was -38.80% per year. During the past 5 years, the average Total Assets Growth Rate was 10.20% per year. During the past 10 years, the average Total Assets Growth Rate was 101.30% per year.

During the past 13 years, China Evergrande New Energy Vehicle Group's highest 3-Year average Total Assets Growth Rate was 398.30%. The lowest was -38.80%. And the median was 64.50%.

Total Assets is connected with ROA %. China Evergrande New Energy Vehicle Group's annualized ROA % for the quarter that ended in Jun. 2024 was -156.47%. Total Assets is also linked to Revenue through Asset Turnover. China Evergrande New Energy Vehicle Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

China Evergrande New Energy Vehicle Group Total Assets Historical Data

The historical data trend for China Evergrande New Energy Vehicle Group'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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China Evergrande New Energy Vehicle Group Total Assets Chart

China Evergrande New Energy Vehicle Group Annual Data

Trend

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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13,318.00

22,948.14

22,540.84

16,527.00

4,880.92

China Evergrande New Energy Vehicle Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Assets	Get a 7-Day Free Trial															19,543.38	16,527.00	5,983.78	4,880.92	2,256.32

China Evergrande New Energy Vehicle Group 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 Evergrande New Energy Vehicle Group'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 )
	=	-5278.921	+	10159.844
	=	4,880.9

China Evergrande New Energy Vehicle Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	-7992.232	+	10248.548
	=	2,256.3

China Evergrande New Energy Vehicle Group (OTCPK:EVGRF) Total Assets Explanation

Total Assets is connected with ROA %.

China Evergrande New Energy Vehicle Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	-5583.964	/	( (4880.923	+	2256.316)	/ 2 )
	=	-5583.964	/	3568.6195
	=	-156.47 %

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

China Evergrande New Energy Vehicle Group's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	5.29	/	( (4880.923	+	2256.316)	/ 2 )
=	5.29	/	3568.6195
=	0.00

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 Evergrande New Energy Vehicle Group Total Assets Related Terms

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China Evergrande New Energy Vehicle Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » China Evergrande New Energy Vehicle Group Ltd (OTCPK:EVGRF) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

00708:Hong Kong 4NM1:Germany 4NM1:Germany

Address

No. 78 Huangpu Avenue West, 28th Floor, Evergrande International Center, Guangdong Province, Guangzhou, CHN, 510620

Website

https://www.health.evergrande.com

China Evergrande New Energy Vehicle Group Ltd is engaged in the technology research and development, production, and sales of new energy vehicles. It is also involved in community health management, international hospitals, and the elderly care and rehabilitation business. The company's operating segments include Health Management and New Energy Vehicle. It generates most of its revenues from Health Management segment.

China Evergrande New Energy Vehicle Group Headlines

From GuruFocus

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of China Evergrande Group - EVGRF

By Marketwired • 10-19-2023