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Chiho Environmental Group (HKSE:00976) Total Assets : HK$8,919 Mil (As of Jun. 2024)


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What is Chiho Environmental Group Total Assets?

Chiho Environmental Group's Total Assets for the quarter that ended in Jun. 2024 was HK$8,919 Mil.

During the past 12 months, Chiho Environmental Group's average Total Assets Growth Rate was 3.10% per year. During the past 3 years, the average Total Assets Growth Rate was -2.30% per year. During the past 5 years, the average Total Assets Growth Rate was -4.50% per year. During the past 10 years, the average Total Assets Growth Rate was 9.50% per year.

During the past 13 years, Chiho Environmental Group's highest 3-Year average Total Assets Growth Rate was 62.30%. The lowest was -19.70%. And the median was -2.00%.

Total Assets is connected with ROA %. Chiho Environmental Group's annualized ROA % for the quarter that ended in Jun. 2024 was 1.15%. Total Assets is also linked to Revenue through Asset Turnover. Chiho Environmental Group's Asset Turnover for the quarter that ended in Jun. 2024 was 1.00.


Chiho Environmental Group Total Assets Historical Data

The historical data trend for Chiho Environmental 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.

Chiho Environmental Group Total Assets Chart

Chiho Environmental Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,190.00 9,872.90 9,958.50 8,573.00 8,720.40

Chiho Environmental 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,688.70 8,573.00 8,816.40 8,720.40 8,918.80

Chiho Environmental 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.

Chiho Environmental 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 )
=4874.5+3845.9
=8,720

Chiho Environmental 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 )
=4792.4+4126.4
=8,919

* 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.


Chiho Environmental Group  (HKSE:00976) Total Assets Explanation

Total Assets is connected with ROA %.

Chiho Environmental 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 )
=101/( (8720.4+8918.8)/ 2 )
=101/8819.6
=1.15 %

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.

Chiho Environmental 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 )
=8852.8/( (8720.4+8918.8)/ 2 )
=8852.8/8819.6
=1.00

* 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.

Chiho Environmental Group Total Assets Related Terms

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Chiho Environmental Group Business Description

Traded in Other Exchanges
Address
199 Des Voeux Road Central, Suite 1001, 10th Floor, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Chiho Environmental Group Ltd is engaged in the principal business of resources recycling, involving recycling of mixed metal, end-of-life vehicle (ELV), waste electrical and electronic equipment (WEEE), wasted oil and Zorba in Asia, Europe and North America. The company, Geographically operates in Asia, Europe and North America, out of which majority of revenue is derived Europe.
Executives
Tu Jianhua 2201 Interest of corporation controlled by you
Yu Shang Tou Zi Ji Tuan Xiang Gang You Xian Gong Si 2101 Beneficial owner
Yu Shang Tou Zi Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Long Xin Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Long Xin Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhang Mingjie 2201 Interest of corporation controlled by you
Tai Security Holding Limited 2101 Beneficial owner

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