Nan Nan Resources Enterprise (HKSE:01229) Total Assets : HK$624.5 Mil (As of Sep. 2024)

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What is Nan Nan Resources Enterprise Total Assets?

Nan Nan Resources Enterprise's Total Assets for the quarter that ended in Sep. 2024 was HK$624.5 Mil.

During the past 12 months, Nan Nan Resources Enterprise's average Total Assets Growth Rate was 12.50% per year. During the past 3 years, the average Total Assets Growth Rate was -1.90% per year. During the past 5 years, the average Total Assets Growth Rate was 7.70% per year. During the past 10 years, the average Total Assets Growth Rate was 17.20% per year.

During the past 13 years, Nan Nan Resources Enterprise's highest 3-Year average Total Assets Growth Rate was 207.50%. The lowest was -68.30%. And the median was -1.90%.

Total Assets is connected with ROA %. Nan Nan Resources Enterprise's annualized ROA % for the quarter that ended in Sep. 2024 was 16.47%. Total Assets is also linked to Revenue through Asset Turnover. Nan Nan Resources Enterprise's Asset Turnover for the quarter that ended in Sep. 2024 was 0.31.

Nan Nan Resources Enterprise Total Assets Historical Data

The historical data trend for Nan Nan Resources Enterprise'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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Nan Nan Resources Enterprise Total Assets Chart

Nan Nan Resources Enterprise Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Total Assets

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519.33

560.19

616.27

583.61

524.99

Nan Nan Resources Enterprise Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Total Assets	Get a 7-Day Free Trial															543.78	583.61	513.71	524.99	624.53

Nan Nan Resources Enterprise 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.

Nan Nan Resources Enterprise's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (A: Mar. 2024 )	+	Total Liabilities (A: Mar. 2024 )
	=	171.774	+	353.218
	=	525.0

Nan Nan Resources Enterprise's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	195.015	+	429.515
	=	624.5

Nan Nan Resources Enterprise (HKSE:01229) Total Assets Explanation

Total Assets is connected with ROA %.

Nan Nan Resources Enterprise's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	94.668	/	( (524.992	+	624.53)	/ 2 )
	=	94.668	/	574.761
	=	16.47 %

Note: The Net Income data used here is two times the semi-annual (Sep. 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.

Nan Nan Resources Enterprise's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	178.204	/	( (524.992	+	624.53)	/ 2 )
=	178.204	/	574.761
=	0.31

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.

Nan Nan Resources Enterprise Total Assets Related Terms

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Nan Nan Resources Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Nan Nan Resources Enterprise Ltd (HKSE:01229) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

18 Harcourt Road, Admiralty Centre, 11th Floor, Tower 2, Admiralty, Hong Kong, HKG

Website

https://www.nannanlisted.com

Nan Nan Resources Enterprise Ltd is an investment holding company. The company's operating segment include Coal mining business, Renewable energy and IT Services business. The coal mining business segment is engaged in mining and sales of coal mine in the PRC. It generates maximum revenue from the Coal mining business segment. Geographically, it derives a majority of revenue from PRC and also has a presence in Malaysia.

Nan Nan Resources Enterprise Headlines

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