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China Aluminum International Engineering (HKSE:02068) Total Assets : HK$44,360 Mil (As of Mar. 2024)


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What is China Aluminum International Engineering Total Assets?

China Aluminum International Engineering's Total Assets for the quarter that ended in Mar. 2024 was HK$44,360 Mil.

During the past 3 years, the average Total Assets Growth Rate was -10.30% per year. During the past 5 years, the average Total Assets Growth Rate was -3.30% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, China Aluminum International Engineering's highest 3-Year average Total Assets Growth Rate was 34.40%. The lowest was -10.30%. And the median was 10.90%.

Total Assets is connected with ROA %. China Aluminum International Engineering's annualized ROA % for the quarter that ended in Mar. 2024 was 1.01%. Total Assets is also linked to Revenue through Asset Turnover. China Aluminum International Engineering's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.


China Aluminum International Engineering Total Assets Historical Data

The historical data trend for China Aluminum International Engineering'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 Aluminum International Engineering Total Assets Chart

China Aluminum International Engineering 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 62,313.45 64,592.86 73,495.91 52,923.59 44,783.47

China Aluminum International Engineering Quarterly Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Mar23 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 - 45,775.54 45,324.18 44,783.47 44,359.78

China Aluminum International Engineering 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 Aluminum International Engineering'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 )
=7934.819+36848.648
=44,783

China Aluminum International Engineering's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=7989.073+36370.707
=44,360

* 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 Aluminum International Engineering  (HKSE:02068) Total Assets Explanation

Total Assets is connected with ROA %.

China Aluminum International Engineering's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=451.732/( (44783.467+44359.78)/ 2 )
=451.732/44571.6235
=1.01 %

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

China Aluminum International Engineering's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=5415.503/( (44783.467+44359.78)/ 2 )
=5415.503/44571.6235
=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.

China Aluminum International Engineering Total Assets Related Terms

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China Aluminum International Engineering (HKSE:02068) Business Description

Traded in Other Exchanges
Address
No. 99 Xingshikou Road, Building C, Haidian District, Beijing, CHN, 100093
China Aluminum International Engineering Corp Ltd is a technology, engineering service, and equipment provider in the nonferrous metals industry in China, capable of providing a full range of integrated technology and engineering design and construction services for various businesses in the entire nonferrous metals industry chain. The company's businesses mainly include engineering survey, design and consultancy, engineering and construction contracting, equipment manufacturing, and equipment trading. The company earns its revenue from its operations in China.

China Aluminum International Engineering (HKSE:02068) Headlines

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