China Smarter Energy Group Holdings (HKSE:01004) Total Assets : HK$2,052.2 Mil (As of Jun. 2023)

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What is China Smarter Energy Group Holdings Total Assets?

China Smarter Energy Group Holdings's Total Assets for the quarter that ended in Jun. 2023 was HK$2,052.2 Mil.

During the past 12 months, China Smarter Energy Group Holdings's average Total Assets Growth Rate was -9.30% per year. During the past 3 years, the average Total Assets Growth Rate was -21.60% per year. During the past 5 years, the average Total Assets Growth Rate was -8.60% per year. During the past 10 years, the average Total Assets Growth Rate was 9.90% per year.

During the past 13 years, China Smarter Energy Group Holdings's highest 3-Year average Total Assets Growth Rate was 85.50%. The lowest was -21.80%. And the median was 17.70%.

Total Assets is connected with ROA %. China Smarter Energy Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 was -8.62%. Total Assets is also linked to Revenue through Asset Turnover. China Smarter Energy Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 was 0.05.

China Smarter Energy Group Holdings Total Assets Historical Data

The historical data trend for China Smarter Energy Group 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.

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China Smarter Energy Group Holdings Total Assets Chart

China Smarter Energy Group Holdings Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Total Assets

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5,210.03

4,188.90

3,690.75

2,276.84

2,153.79

China Smarter Energy Group Holdings Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Total Assets	Get a 7-Day Free Trial															2,722.00	2,276.84	2,223.95	2,153.79	2,052.18

China Smarter Energy Group 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 Smarter Energy Group Holdings's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	-241.697	+	2395.484
	=	2,153.8

China Smarter Energy Group Holdings's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	-319.182	+	2371.357
	=	2,052.2

China Smarter Energy Group Holdings (HKSE:01004) Total Assets Explanation

Total Assets is connected with ROA %.

China Smarter Energy Group Holdings's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	-181.198	/	( (2153.787	+	2052.175)	/ 2 )
	=	-181.198	/	2102.981
	=	-8.62 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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 Smarter Energy Group Holdings's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	97.455	/	( (2153.787	+	2052.175)	/ 2 )
=	97.455	/	2102.981
=	0.05

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 Smarter Energy Group Holdings Total Assets Related Terms

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China Smarter Energy Group Holdings (HKSE:01004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » China Smarter Energy Group Holdings Ltd (HKSE:01004) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23 Harbour Road, Room 2609, 26th Floor, Great Eagle Centre, Wan Chai, Hong Kong, HKG

Website

https://www.cse1004.com

China Smarter Energy Group Holdings Ltd is an investment holding company. It operates in four segments: Clean energy, Trading in securities, Investment, and Trading of bulk commodities. The Clean energy segment is into the Sale of electricity. The Trading of bulk commodities segment comprises the trading of solid, liquid, and gaseous fuels and other related products and the trading of bulk commodities derivatives. The trading in securities and Investment segments comprises the trading of listed securities and dividend income from listed and unlisted equity investments. Its geographical segments are China, Hong Kong, and Singapore. The company generates majority of revenue from clean energy segment and geographically it generates revenue from china.

Executives

Industrial Bank Co Ltd Hong Kong Branch	2501 Other
Ho Kwok Leung Glen (in The Capacity As A Receiver)	2501 Other
Lai Kar Yan (in The Capacity As A Receiver)	2501 Other
Central Huijin Investment Ltd.	2305 Beneficiary of a trust
China Construction Bank Corporation	2305 Beneficiary of a trust
China Shandong Hi-speed Capital Limited	2201 Interest of corporation controlled by you
China Shandong Hi-speed Financial Group Limited	2201 Interest of corporation controlled by you
Safe Castle Limited	2101 Beneficial owner
Shan Dong Gao Su Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Da Chang Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Shen Zhen Yu Kai Shi Ye You Xian Gong Si	2201 Interest of corporation controlled by you
Zhong Guo Min Sheng Tou Zi Gu Fen You Xian Gong Si	2201 Interest of corporation controlled by you
Wang Leilei	2201 Interest of corporation controlled by you
Rationale (holdings) Investment Limited	2201 Interest of corporation controlled by you
Li Qinggao	2201 Interest of corporation controlled by you

China Smarter Energy Group Holdings (HKSE:01004) Headlines

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