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Shinelong Automotive Lightweight Application (HKSE:01930) Total Assets : HK$729.5 Mil (As of Dec. 2024)


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What is Shinelong Automotive Lightweight Application Total Assets?

Shinelong Automotive Lightweight Application's Total Assets for the quarter that ended in Dec. 2024 was HK$729.5 Mil.

During the past 12 months, Shinelong Automotive Lightweight Application's average Total Assets Growth Rate was 10.20% per year. During the past 3 years, the average Total Assets Growth Rate was 13.10% per year. During the past 5 years, the average Total Assets Growth Rate was 13.80% per year.

During the past 9 years, Shinelong Automotive Lightweight Application's highest 3-Year average Total Assets Growth Rate was 26.00%. The lowest was 13.00%. And the median was 14.65%.

Total Assets is connected with ROA %. Shinelong Automotive Lightweight Application's annualized ROA % for the quarter that ended in Dec. 2024 was 2.63%. Total Assets is also linked to Revenue through Asset Turnover. Shinelong Automotive Lightweight Application's Asset Turnover for the quarter that ended in Dec. 2024 was 0.18.


Shinelong Automotive Lightweight Application Total Assets Historical Data

The historical data trend for Shinelong Automotive Lightweight Application'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.

Shinelong Automotive Lightweight Application Total Assets Chart

Shinelong Automotive Lightweight Application Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only 563.90 601.96 632.95 677.12 729.53

Shinelong Automotive Lightweight Application Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 632.95 653.83 677.12 693.95 729.53

Shinelong Automotive Lightweight Application 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.

Shinelong Automotive Lightweight Application's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=380.613+348.914
=729.5

Shinelong Automotive Lightweight Application's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=380.613+348.914
=729.5

* 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.


Shinelong Automotive Lightweight Application  (HKSE:01930) Total Assets Explanation

Total Assets is connected with ROA %.

Shinelong Automotive Lightweight Application's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=18.7/( (693.945+729.528)/ 2 )
=18.7/711.7365
=2.63 %

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

Shinelong Automotive Lightweight Application's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=127.995/( (693.945+729.528)/ 2 )
=127.995/711.7365
=0.18

* 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.

Shinelong Automotive Lightweight Application Total Assets Related Terms

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Shinelong Automotive Lightweight Application Business Description

Traded in Other Exchanges
N/A
Address
90 Yangongdai Lane, Zhangpu Town, Jiangsu Province, Kunshan, CHN
Shinelong Automotive Lightweight Application Ltd is engaged in the design, development, manufacture, and sales of customized hot-pressing moulds, hydroforming moulds and injection moulds that are used in auto manufacturing. Apart from automotive moulds, the group also engages in the design, development, manufacture, and sales of customized plastic moulds for the production of electrical appliances and health-protective appliances. The company also offers parts processing services. Geographically, it generates maximum revenue from the PRC.
Executives
Lin Wan-yi 2101 Beneficial owner
Su Su-mei 2202 Interest of your spouse
Shine Art International Limited 2101 Beneficial owner
Friendly Holdings (hk) Co., Limited 2101 Beneficial owner
Hammurabi International Limited 2201 Interest of corporation controlled by you
Liu Fang Jung 2201 Interest of corporation controlled by you

Shinelong Automotive Lightweight Application Headlines

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