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Beijing Chunlizhengda Medical Instruments Co (HKSE:01858) Total Assets : HK$3,991.8 Mil (As of Dec. 2023)


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What is Beijing Chunlizhengda Medical Instruments Co Total Assets?

Beijing Chunlizhengda Medical Instruments Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,991.8 Mil.

Warning Sign:

If a company builds assets at 31.1% a year, faster than its revenue growth rate of 14.1% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing Chunlizhengda Medical Instruments Co's average Total Assets Growth Rate was -9.80% per year. During the past 3 years, the average Total Assets Growth Rate was 18.90% per year. During the past 5 years, the average Total Assets Growth Rate was 31.10% per year. During the past 10 years, the average Total Assets Growth Rate was 29.80% per year.

During the past 11 years, Beijing Chunlizhengda Medical Instruments Co's highest 3-Year average Total Assets Growth Rate was 50.50%. The lowest was 12.00%. And the median was 25.15%.

Total Assets is connected with ROA %. Beijing Chunlizhengda Medical Instruments Co's annualized ROA % for the quarter that ended in Dec. 2023 was 11.20%. Total Assets is also linked to Revenue through Asset Turnover. Beijing Chunlizhengda Medical Instruments Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.12.


Beijing Chunlizhengda Medical Instruments Co Total Assets Historical Data

The historical data trend for Beijing Chunlizhengda Medical Instruments 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.

* Premium members only.

Beijing Chunlizhengda Medical Instruments Co Total Assets Chart

Beijing Chunlizhengda Medical Instruments Co 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 1,345.67 1,827.76 3,672.98 3,807.74 3,991.81

Beijing Chunlizhengda Medical Instruments Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Mar24
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 3,807.74 3,798.11 3,604.17 3,991.81 -

Beijing Chunlizhengda Medical Instruments 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.

Beijing Chunlizhengda Medical Instruments 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 )
=3149.246+842.565
=3,991.8

Beijing Chunlizhengda Medical Instruments 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 )
=3149.246+842.565
=3,991.8

* 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.


Beijing Chunlizhengda Medical Instruments Co  (HKSE:01858) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing Chunlizhengda Medical Instruments Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=425.24/( (3604.173+3991.813)/ 2 )
=425.24/3797.993
=11.20 %

Note: The Net Income data used here is four times the quarterly (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.

Beijing Chunlizhengda Medical Instruments Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=455.415/( (3604.173+3991.813)/ 2 )
=455.415/3797.993
=0.12

* 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.

Beijing Chunlizhengda Medical Instruments Co Total Assets Related Terms

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Beijing Chunlizhengda Medical Instruments Co (HKSE:01858) Business Description

Traded in Other Exchanges
Address
No. 10 Xinmi Xi Er Road, Southern District of Tongzhou, Economic Development Zone, Tongzhou District, Beijing, CHN
Beijing Chunlizhengda Medical Instruments Co Ltd is an orthopedic medical device company. It is engaged in the research, development, manufacture, and sale of orthopedic medical devices, including joint prosthesis products and spinal products. The products offered by the company are classified into three categories, namely Standard joint prosthesis products, Custom joint prosthesis products, and Spinal products. It operates in the business segment of manufacture and trading of surgical implants, instruments and related products.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Citigroup Inc. 2502 Approved lending agent
Fidelity China Special Situations Plc 2101 Beneficial owner
Taiping Assets Management (hk) Company Limited 2102 Investment manager
Taiping Trustees Limited 2301 Trustee

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