Tongguan Gold Group (HKSE:00340) Total Assets : HK$4,609 Mil (As of Jun. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Tongguan Gold Group Total Assets?

Tongguan Gold Group's Total Assets for the quarter that ended in Jun. 2024 was HK$4,609 Mil.

During the past 12 months, Tongguan Gold Group's average Total Assets Growth Rate was 28.50% per year. During the past 3 years, the average Total Assets Growth Rate was 6.40% per year. During the past 5 years, the average Total Assets Growth Rate was 4.90% per year. During the past 10 years, the average Total Assets Growth Rate was 32.20% per year.

During the past 13 years, Tongguan Gold Group's highest 3-Year average Total Assets Growth Rate was 144.70%. The lowest was -45.70%. And the median was 3.25%.

Total Assets is connected with ROA %. Tongguan Gold Group's annualized ROA % for the quarter that ended in Jun. 2024 was 4.01%. Total Assets is also linked to Revenue through Asset Turnover. Tongguan Gold Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.19.

Tongguan Gold Group Total Assets Historical Data

The historical data trend for Tongguan Gold 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.

* Premium members only.

Tongguan Gold Group Total Assets Chart

Tongguan Gold Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3,365.98

3,777.83

3,897.03

3,650.16

4,554.86

Tongguan Gold 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															3,760.92	3,650.16	3,508.10	4,554.86	4,609.17

Tongguan Gold 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.

Tongguan Gold 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 )
	=	2461.419	+	2093.441
	=	4,555

Tongguan Gold 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 )
	=	2540.552	+	2068.615
	=	4,609

Tongguan Gold Group (HKSE:00340) Total Assets Explanation

Total Assets is connected with ROA %.

Tongguan Gold 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 )
	=	183.912	/	( (4554.86	+	4609.167)	/ 2 )
	=	183.912	/	4582.0135
	=	4.01 %

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.

Tongguan Gold 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 )
=	849.951	/	( (4554.86	+	4609.167)	/ 2 )
=	849.951	/	4582.0135
=	0.19

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.

Tongguan Gold Group Total Assets Related Terms

Thank you for viewing the detailed overview of Tongguan Gold Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Tongguan Gold Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tongguan Gold Group Ltd (HKSE:00340) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

12 Harcourt Road, Room 1306, 13th Floor, Bank of America Tower, Admiralty, Hong Kong, HKG

Website

http://www.tongguangold.com

Tongguan Gold Group Ltd operates as an investment holding company. It operates through one segment, the Gold mining operation, that engages in the exploration, mining, processing, and sale of gold concentrates and related products. All of its revenues come from the PRC.

Executives

Fung Wai Enterprises Ltd.	2101 Beneficial owner
Lin Eddie Chang	2201 Interest of corporation controlled by you
Goldbell Holdings Limited	2201 Interest of corporation controlled by you
Jiang Wei	2201 Interest of corporation controlled by you
Jin Ding Investment Limited	2201 Interest of corporation controlled by you
Qinlong Jinxin Mining Investment Limited	2101 Beneficial owner
Lam Yuk Ying	2101 Beneficial owner
Chen Dengguang	2101 Beneficial owner
Huang Aidong	2201 Interest of corporation controlled by you
Profit Linkage Enterprises Limited	2101 Beneficial owner
Golden Blossom Investment Limited	2101 Beneficial owner
Hu Jianzhong	2201 Interest of corporation controlled by you
Ho Ping Tanya	2101 Beneficial owner
Lin Yuhua	2201 Interest of corporation controlled by you
Supreme Success Group Limited	2101 Beneficial owner

Tongguan Gold Group Headlines

No Headlines