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China Energy Storage Technology Development (HKSE:01143) Total Assets : HK$776.4 Mil (As of Dec. 2023)


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What is China Energy Storage Technology Development Total Assets?

China Energy Storage Technology Development's Total Assets for the quarter that ended in Dec. 2023 was HK$776.4 Mil.

During the past 12 months, China Energy Storage Technology Development's average Total Assets Growth Rate was 24.00% per year. During the past 3 years, the average Total Assets Growth Rate was 1.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.40% per year. During the past 10 years, the average Total Assets Growth Rate was -4.90% per year.

During the past 13 years, China Energy Storage Technology Development's highest 3-Year average Total Assets Growth Rate was 27.80%. The lowest was -21.70%. And the median was 1.20%.

Total Assets is connected with ROA %. China Energy Storage Technology Development's annualized ROA % for the quarter that ended in Dec. 2023 was 2.70%. Total Assets is also linked to Revenue through Asset Turnover. China Energy Storage Technology Development's Asset Turnover for the quarter that ended in Dec. 2023 was 0.37.

China Energy Storage Technology Development Total Assets Historical Data

The historical data trend for China Energy Storage Technology Development'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 Energy Storage Technology Development Total Assets Chart

China Energy Storage Technology Development 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 734.84 657.41 677.98 659.23 776.42

China Energy Storage Technology Development 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 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 677.98 684.74 659.23 716.85 776.42

China Energy Storage Technology Development 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 Energy Storage Technology Development'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 )
=488.725+287.693
=776.4

China Energy Storage Technology Development'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 )
=488.725+287.693
=776.4

* 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.

China Energy Storage Technology Development  (HKSE:01143) Total Assets Explanation

Total Assets is connected with ROA %.

China Energy Storage Technology Development'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 )
=20.176/( (716.849+776.418)/ 2 )
=20.176/746.6335
=2.70 %

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 Energy Storage Technology Development'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 )
=273.542/( (716.849+776.418)/ 2 )
=273.542/746.6335
=0.37

* 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 Energy Storage Technology Development Total Assets Related Terms

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China Energy Storage Technology Development (HKSE:01143) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Energy Storage Technology Development Ltd (HKSE:01143) » Definitions » Total Assets
Comparable Companies
HKSE:08005 HKSE:00912 HKSE:00320 HKSE:00927 HKSE:06133 HKSE:00328 HKSE:00638 HKSE:01747 HKSE:02358 HKSE:00110 AAPL XKRX:005930 TSE:6758 HKSE:01810 TSE:6752 XKRX:066570 XKRX:003550 SZSE:002241 SHSE:603296 SZSE:300866
Traded in Other Exchanges
N/A
Address
The Gateway, Harbour City, Suites 3501 & 3513–14, 35th Floor Tower 6, Tsim Sha Tsui, Hong Kong, HKG
Website
http://www.link-asia.com.hk
China Energy Storage Technology Development Ltd Formerly Link-Asia International MedTech Group Ltd is an investment holding company. It operates in four segments: Electronic manufacturing services; Distribution of Communications Products; Securities and Other Assets Investment, which includes Equity investment, property agency service, and other operations; and Real Estate Supply Chain Services, which provide real estate advisory services and real estate purchase service and Money Lending. The company generates the vast majority of its revenue from the Electronic manufacturing services segment. Its geographical segments are China, the United States, Switzerland, France, Poland, the United Kingdom, and Others.
Executives
Chen Dezhu 2201 Interest of corporation controlled by you
Chan Allie 2106 Person having a security interest in shares
Sy Ming Yiu 2101 Beneficial owner
Power Port Holdings Limited 2101 Beneficial owner
Yang Changrong 2201 Interest of corporation controlled by you
He Xiaoming 2201 Interest of corporation controlled by you
Keywan Global Limited 2101 Beneficial owner
Cao Longbing 2201 Interest of corporation controlled by you
Hearts Capital (asia) Limited 2201 Interest of corporation controlled by you
Hearts Capital Spc - Hearts Sp2 2101 Beneficial owner
Long Asia Asset Management (hk) Limited 2102 Investment manager

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