Sino-German United AG (FRA:SGU) Total Assets : €2.30 Mil (As of Dec. 2023)

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What is Sino-German United AG Total Assets?

Sino-German United AG's Total Assets for the quarter that ended in Dec. 2023 was €2.30 Mil.

During the past 12 months, Sino-German United AG's average Total Assets Growth Rate was 116.90% per year. During the past 3 years, the average Total Assets Growth Rate was 29.20% per year. During the past 5 years, the average Total Assets Growth Rate was 18.00% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Sino-German United AG's highest 3-Year average Total Assets Growth Rate was 45.20%. The lowest was -29.20%. And the median was 15.30%.

Total Assets is connected with ROA %. Sino-German United AG's annualized ROA % for the quarter that ended in Dec. 2023 was -5.91%. Total Assets is also linked to Revenue through Asset Turnover. Sino-German United AG's Asset Turnover for the quarter that ended in Dec. 2023 was 0.20.

Sino-German United AG Total Assets Historical Data

The historical data trend for Sino-German United AG'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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Sino-German United AG Total Assets Chart

Sino-German United AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2.06

2.02

2.06

2.24

2.30

Sino-German United AG 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															2.06	2.11	2.24	2.57	2.30

Sino-German United AG 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.

Sino-German United AG'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 )
	=	1.201	+	1.099
	=	2.30

Sino-German United AG'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 )
	=	1.201	+	1.099
	=	2.30

Sino-German United AG (FRA:SGU) Total Assets Explanation

Total Assets is connected with ROA %.

Sino-German United AG'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 )
	=	-0.144	/	( (2.574	+	2.3)	/ 2 )
	=	-0.144	/	2.437
	=	-5.91 %

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.

Sino-German United AG'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 )
=	0.478	/	( (2.574	+	2.3)	/ 2 )
=	0.478	/	2.437
=	0.20

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.

Sino-German United AG Total Assets Related Terms

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Sino-German United AG (FRA:SGU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sino-German United AG (FRA:SGU) » Definitions » Total Assets

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Traded in Other Exchanges

SGU:Germany

Address

Maximilianstraße 54, Munich, BY, DEU, 80538

Website

http://www.sgu-ag.de

Sino-German United AG is a trading company that focuses on the Chinese and German markets. The trading division of Sino-German United AG is currently focused on the trade in German consumer goods of daily use, Essentially the export of German premium beer to China. In addition, advising German and Chinese companies is part of the Corporate expertise to establish cooperation in economic and cultural promotion areas between China and Germany.