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China Carbon Neutral Development Group (HKSE:01372) Total Assets : HK$492.3 Mil (As of Dec. 2023)


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What is China Carbon Neutral Development Group Total Assets?

China Carbon Neutral Development Group's Total Assets for the quarter that ended in Dec. 2023 was HK$492.3 Mil.

During the past 12 months, China Carbon Neutral Development Group's average Total Assets Growth Rate was -41.40% per year. During the past 3 years, the average Total Assets Growth Rate was -17.00% per year. During the past 5 years, the average Total Assets Growth Rate was -3.20% per year. During the past 10 years, the average Total Assets Growth Rate was -9.20% per year.

During the past 12 years, China Carbon Neutral Development Group's highest 3-Year average Total Assets Growth Rate was 102.50%. The lowest was -56.10%. And the median was -14.10%.

Total Assets is connected with ROA %. China Carbon Neutral Development Group's annualized ROA % for the quarter that ended in Dec. 2023 was 13.64%. Total Assets is also linked to Revenue through Asset Turnover. China Carbon Neutral Development Group's Asset Turnover for the quarter that ended in Dec. 2023 was 1.08.


China Carbon Neutral Development Group Total Assets Historical Data

The historical data trend for China Carbon Neutral Development 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.

China Carbon Neutral Development Group Total Assets Chart

China Carbon Neutral Development Group Annual Data
Trend Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.82 484.82 314.54 492.27 364.26

China Carbon Neutral Development Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 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 484.82 542.75 314.54 314.23 492.27

China Carbon Neutral Development 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.

China Carbon Neutral Development Group's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=-1.398+365.654
=364.3

China Carbon Neutral Development 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 )
=123.186+369.08
=492.3

* 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 Carbon Neutral Development Group  (HKSE:01372) Total Assets Explanation

Total Assets is connected with ROA %.

China Carbon Neutral Development 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 )
=55.014/( (314.226+492.266)/ 2 )
=55.014/403.246
=13.64 %

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 Carbon Neutral Development 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 )
=435.361/( (314.226+492.266)/ 2 )
=435.361/403.246
=1.08

* 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 Carbon Neutral Development Group Total Assets Related Terms

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China Carbon Neutral Development Group Business Description

Traded in Other Exchanges
N/A
Address
39 Yip Kan Street, Wong Chuk Hang, Unit 1808, 18 Floor, Landmark South, Hong Kong, HKG, +85 237288700
China Carbon Neutral Development Group Ltd is an investment holding company. The group is engaged in the segments of Carbon Neutral Business having two sub-segments: New Energy Business and Renewable Energy Segment, and Civil engineering and construction. It derives key revenue from the Civil engineering and construction segment which involves civil engineering works and building construction and maintenance works, from Hong Kong following by Mainland China. It has a business presence in Hong Kong and Mainland China.
Executives
Quick Tycoon Limited 2101 Beneficial owner
Sha Tao 2201 Interest of corporation controlled by you
China Eco Fund Investment Limited 2101 Beneficial owner
Legit Aiming Limited 2101 Beneficial owner
Lam Po Foon 2201 Interest of corporation controlled by you
Gao Rihui 2201 Interest of corporation controlled by you
Hai Shixun 2201 Interest of corporation controlled by you
Mok Yin Ling Helen 2103 Interests held jointly with another person
Sound Gem Limited 2201 Interest of corporation controlled by you
China Eco Investment Limited 2201 Interest of corporation controlled by you
Chan Tan Na Donna 2202 Interest of your spouse
Best Beyond Investment Development Limited 2201 Interest of corporation controlled by you
Classica Holdings Limited 2201 Interest of corporation controlled by you
Kasumi One Limited 2101 Beneficial owner
Youth Force Asia Ltd. 2201 Interest of corporation controlled by you

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