Shandong Hi Speed New Energy Group (HKSE:01250) Total Assets : HK$54,706 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Shandong Hi Speed New Energy Group Total Assets?

Shandong Hi Speed New Energy Group's Total Assets for the quarter that ended in Dec. 2023 was HK$54,706 Mil.

During the past 12 months, Shandong Hi Speed New Energy Group's average Total Assets Growth Rate was 2.70% per year. During the past 3 years, the average Total Assets Growth Rate was -3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 2.60% per year. During the past 10 years, the average Total Assets Growth Rate was 72.70% per year.

During the past 12 years, Shandong Hi Speed New Energy Group's highest 3-Year average Total Assets Growth Rate was 385.30%. The lowest was -3.40%. And the median was 44.90%.

Total Assets is connected with ROA %. Shandong Hi Speed New Energy Group's annualized ROA % for the quarter that ended in Dec. 2023 was 0.07%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Hi Speed New Energy Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Shandong Hi Speed New Energy Group Total Assets Historical Data

The historical data trend for Shandong Hi Speed New Energy 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.

Shandong Hi Speed New Energy Group Total Assets Chart

Shandong Hi Speed New Energy Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

52,192.28

57,127.25

54,874.24

52,028.27

54,705.77

Shandong Hi Speed New Energy Group 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															54,874.24	54,621.51	52,028.27	50,334.39	54,705.77

Shandong Hi Speed New Energy 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.

Shandong Hi Speed New Energy 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 )
	=	19291.012	+	35414.76
	=	54,706

Shandong Hi Speed New Energy Group'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 )
	=	19291.012	+	35414.76
	=	54,706

Shandong Hi Speed New Energy Group (HKSE:01250) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Hi Speed New Energy Group'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 )
	=	37.336	/	( (50334.385	+	54705.772)	/ 2 )
	=	37.336	/	52520.0785
	=	0.07 %

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.

Shandong Hi Speed New Energy Group'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 )
=	2194.017	/	( (50334.385	+	54705.772)	/ 2 )
=	2194.017	/	52520.0785
=	0.04

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.

Shandong Hi Speed New Energy Group Total Assets Related Terms

Thank you for viewing the detailed overview of Shandong Hi Speed New Energy Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Shandong Hi Speed New Energy Group (HKSE:01250) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Shandong Hi Speed New Energy Group Ltd (HKSE:01250) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

99 Queen's Road, Unit 6707, 67th Floor, The Centre, Central, Hong Kong, HKG

Website

https://www.shneg.com.hk

Shandong Hi Speed New Energy Group Ltd is engaged in the investment, development, construction, operation, and management of clean energy businesses which include Photovoltaic Power, Wind Power, and Clean Heat Supply Business.

Executives

Shandong Hi-speed Holdings Group Limited	2101 Beneficial owner
Citigroup Inc.	2305 Beneficiary of a trust
Shan Dong Gao Su Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Profit Plan Global Investment Limited	2101 Beneficial owner
Beijing Enterprises Group Company Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Holdings Limited	2201 Interest of corporation controlled by you
Beijing Enterprises Water Group Limited	2201 Interest of corporation controlled by you
Citic Securities Company Limited	2201 Interest of corporation controlled by you
Citron Pe Associates Ii, L.p.	2201 Interest of corporation controlled by you
Citron Pe Holdings Limited	2201 Interest of corporation controlled by you
Cpechina Fund Ii, L.p.	2201 Interest of corporation controlled by you
Cpechina Fund Iia, L.p.	2201 Interest of corporation controlled by you
Zhong Xin Chan Ye Tou Zi Ji Jin Guan Li You Xian Gong Si	2201 Interest of corporation controlled by you
Bei Jing Xin Yu Tou Zi Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you
Bei Jing You De Tou Zi Guan Li Zhong Xin You Xian He Huo	2201 Interest of corporation controlled by you

Shandong Hi Speed New Energy Group (HKSE:01250) Headlines

No Headlines