Changan Minsheng APLL Logistics Co (HKSE:01292) Total Assets : HK$5,660 Mil (As of Dec. 2023)

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What is Changan Minsheng APLL Logistics Co Total Assets?

Changan Minsheng APLL Logistics Co's Total Assets for the quarter that ended in Dec. 2023 was HK$5,660 Mil.

During the past 12 months, Changan Minsheng APLL Logistics Co's average Total Assets Growth Rate was 7.40% per year. During the past 3 years, the average Total Assets Growth Rate was 4.40% per year. During the past 5 years, the average Total Assets Growth Rate was 3.10% per year. During the past 10 years, the average Total Assets Growth Rate was 3.00% per year.

During the past 13 years, Changan Minsheng APLL Logistics Co's highest 3-Year average Total Assets Growth Rate was 37.70%. The lowest was -2.70%. And the median was 21.40%.

Total Assets is connected with ROA %. Changan Minsheng APLL Logistics Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.07%. Total Assets is also linked to Revenue through Asset Turnover. Changan Minsheng APLL Logistics Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.76.

Changan Minsheng APLL Logistics Co Total Assets Historical Data

The historical data trend for Changan Minsheng APLL Logistics Co'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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Changan Minsheng APLL Logistics Co Total Assets Chart

Changan Minsheng APLL Logistics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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5,073.68

5,209.53

5,113.71

5,489.40

5,659.66

Changan Minsheng APLL Logistics Co 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															5,113.71	5,071.65	5,489.40	5,882.62	5,659.66

Changan Minsheng APLL Logistics Co 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.

Changan Minsheng APLL Logistics Co'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 )
	=	2394.899	+	3264.764
	=	5,660

Changan Minsheng APLL Logistics Co'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 )
	=	2394.899	+	3264.764
	=	5,660

Changan Minsheng APLL Logistics Co (HKSE:01292) Total Assets Explanation

Total Assets is connected with ROA %.

Changan Minsheng APLL Logistics Co'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 )
	=	61.934	/	( (5882.623	+	5659.663)	/ 2 )
	=	61.934	/	5771.143
	=	1.07 %

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.

Changan Minsheng APLL Logistics Co'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 )
=	4358.365	/	( (5882.623	+	5659.663)	/ 2 )
=	4358.365	/	5771.143
=	0.76

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.

Changan Minsheng APLL Logistics Co Total Assets Related Terms

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Changan Minsheng APLL Logistics Co (HKSE:01292) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Changan Minsheng APLL Logistics Co Ltd (HKSE:01292) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

W8R:Germany

Address

No. 1881, Jinkai Road, Yubei District, Chongqing, CHN, 401122

Website

https://www.camsl.com

Changan Minsheng APLL Logistics Co Ltd is a China-based logistics provider. Along with its subsidiaries, e the rendering of transportation services for finished vehicles, supply chain management services for automobile raw materials, components, and parts, transportation services for non-automobile commodities, the sale of packaging materials, and the processing of tires. It principally has its business presence in PRC.

Executives

Apl Logistics Ltd	2101 Beneficial owner
Apl Logistics Ltd.	2101 Beneficial owner
Zhong Guo Chang An Qi Che Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner

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