China Huarong Energy Co (FRA:XYTA) Total Assets: €182.01 Mil (As of Jun. 2024)

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What is China Huarong Energy Co Total Assets?

China Huarong Energy Co FRA:XYTA Total Assets is €182.01 Mil as of Jun. 2024.

China Huarong Energy Co's Total Assets for the quarter that ended in Jun. 2024 was €182.01 Mil.

Total Assets is connected with ROA %. China Huarong Energy Co's annualized ROA % for the quarter that ended in Jun. 2024 was -48.79%. Total Assets is also linked to Revenue through Asset Turnover. China Huarong Energy Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.03.

China Huarong Energy Co (FRA:XYTA) Total Assets Explanation

Total Assets is connected with ROA %.

China Huarong Energy Co'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 )
	=	-88.42	/	( (180.458	+	182.01)	/ 2 )
	=	-88.42	/	181.234
	=	-48.79 %

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 Huarong Energy Co'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 )
=	5.222	/	( (180.458	+	182.01)	/ 2 )
=	5.222	/	181.234
=	0.03

* 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 Huarong Energy Co Total Assets Related Terms

China Huarong Energy Co Total Assets Historical Data

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The historical data trend for China Huarong Energy Co's Total Assets can be seen below:

China Huarong Energy Co Total Assets Chart

China Huarong Energy Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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301.42

126.45

191.99

192.49

180.46

China Huarong Energy Co 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															198.60	192.49	188.59	180.46	182.01

China Huarong Energy 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.

China Huarong Energy 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 )
	=	-1158.505	+	1338.963
	=	180.46

China Huarong Energy Co'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 )
	=	-1195.577	+	1377.587
	=	182.01

Frequently Asked Questions Learn more about Total Assets →

What does a Total Assets of €182.01 Mil mean?

China Huarong Energy Co (FRA:XYTA) has a Total Assets of €182.01 Mil as of Jun. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on China Huarong Energy Co and its competitors.

Is China Huarong Energy Co's Total Assets too high?

China Huarong Energy Co's current Total Assets is €182.01 Mil.

How does China Huarong Energy Co's Total Assets compare to COP and EOG?

China Huarong Energy Co's Total Assets of €182.01 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Assets for an Oil & Gas company?

A good Total Assets depends on the Oil & Gas industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Assets mean?

A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on China Huarong Energy Co and its competitors. China Huarong Energy Co's current Total Assets is €182.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is China Huarong Energy Co stock overvalued right now?

China Huarong Energy Co (FRA:XYTA) has a current Total Assets of €182.01 Mil. The current Total Assets is €182.01 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Assets calculated?

Total Assets is calculated from a company's financial statements. For China Huarong Energy Co (FRA:XYTA), the current Total Assets is €182.01 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Huarong Energy Co Business Description

Industry Energy Oil & Gas

Comparable Companies HKSE:01555 HKSE:03395 HKSE:02012 HKSE:00632 HKSE:00883 COP TSX:CNQ EOG MIC:NVTK OXY HES FANG EQT TPL EXE ASX:WDS DVN CTRA TSX:TOU TSE:1605

Address 50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chaiwan, Hong Kong, HKG

Website http://www.huarongenergy.com.hk

China Huarong Energy Co Ltd is a company principally engaged in the business of energy exploration and production focusing on oil and gas-related customers and markets. Its projects include approximately four oilfields located in the Fergana Valley of the Republic of Kyrgyzstan. The company's reportable segments are; Energy exploration and production which generates revenue from sales of crude oil in Kyrgyzstan; and the Oil storage and trading segment which generates key revenue for the firm is engaged in renting its capacity in the provision of oil storage services and trading the relevant commodities in China. Geographically, the company generates a majority of its revenue from China and the rest from Kyrgyzstan.