China Dredging Environment Protection Holdings (HKSE:00871) Total Assets : HK$1,787.3 Mil (As of Dec. 2023)

View and export this data going back to 2011. Start your Free Trial

What is China Dredging Environment Protection Holdings Total Assets?

China Dredging Environment Protection Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$1,787.3 Mil.

During the past 12 months, China Dredging Environment Protection Holdings's average Total Assets Growth Rate was -15.40% per year. During the past 3 years, the average Total Assets Growth Rate was -14.70% per year. During the past 5 years, the average Total Assets Growth Rate was -13.60% per year. During the past 10 years, the average Total Assets Growth Rate was -8.20% per year.

During the past 13 years, China Dredging Environment Protection Holdings's highest 3-Year average Total Assets Growth Rate was 72.30%. The lowest was -14.70%. And the median was -5.70%.

Total Assets is connected with ROA %. China Dredging Environment Protection Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -26.02%. Total Assets is also linked to Revenue through Asset Turnover. China Dredging Environment Protection Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

China Dredging Environment Protection Holdings Total Assets Historical Data

The historical data trend for China Dredging Environment Protection Holdings'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.

China Dredging Environment Protection Holdings Total Assets Chart

China Dredging Environment Protection Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

3,168.19

2,854.96

2,779.11

2,109.09

1,787.28

China Dredging Environment Protection Holdings 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															2,779.11	2,580.96	2,109.09	2,007.56	1,787.28

China Dredging Environment Protection Holdings 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 Dredging Environment Protection Holdings'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 )
	=	675.876	+	1111.404
	=	1,787.3

China Dredging Environment Protection Holdings'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 )
	=	675.876	+	1111.404
	=	1,787.3

China Dredging Environment Protection Holdings (HKSE:00871) Total Assets Explanation

Total Assets is connected with ROA %.

China Dredging Environment Protection Holdings'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 )
	=	-493.742	/	( (2007.557	+	1787.28)	/ 2 )
	=	-493.742	/	1897.4185
	=	-26.02 %

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.

China Dredging Environment Protection Holdings'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 )
=	168.956	/	( (2007.557	+	1787.28)	/ 2 )
=	168.956	/	1897.4185
=	0.09

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 Dredging Environment Protection Holdings Total Assets Related Terms

Thank you for viewing the detailed overview of China Dredging Environment Protection Holdings's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

China Dredging Environment Protection Holdings (HKSE:00871) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China Dredging Environment Protection Holdings Ltd (HKSE:00871) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

39 Xindu West Road, 7th Floor, Shengzhou Tower, Yandu District, Jiangsu Province, Yancheng, CHN

Website

http://www.cdep.com.hk

China Dredging Environment Protection Holdings Ltd is engaged in the business of dredging services which can be divided into four segments namely, Capital and Reclamation Dredging business, Environmental Protection Dredging and Water Management business, Property Management Business, and Other Marine Business. It generates maximum revenue from the Other Marine Business segment which comprises marine hoisting, installation, salvaging, vessel chartering, and other engineering services provided by the company. Geographically, it derives the majority of revenue from the People's Republic of China.

Executives

Wangji Limited
Yuan Xiangbing
Liu Kaijin	2101 Beneficial owner
Zhou Shuhua	2202 Interest of your spouse
Guotai Junan International Holdings Limited
Guotai Junan Securities Co., Ltd
Yong Shi Ting Shana	2101 Beneficial owner
Luck Morgan Investment Limited
Jiang Su Bai Si Te Huan Jing Gong Cheng You Xian Gong Si

China Dredging Environment Protection Holdings (HKSE:00871) Headlines

No Headlines