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China Graphite Group (HKSE:02237) Total Assets : HK$652.9 Mil (As of Jun. 2024)


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What is China Graphite Group Total Assets?

China Graphite Group's Total Assets for the quarter that ended in Jun. 2024 was HK$652.9 Mil.

During the past 12 months, China Graphite Group's average Total Assets Growth Rate was 39.00% per year. During the past 3 years, the average Total Assets Growth Rate was 12.70% per year.

During the past 5 years, China Graphite Group's highest 3-Year average Total Assets Growth Rate was 17.80%. The lowest was 12.70%. And the median was 15.25%.

Total Assets is connected with ROA %. China Graphite Group's annualized ROA % for the quarter that ended in Jun. 2024 was -5.45%. Total Assets is also linked to Revenue through Asset Turnover. China Graphite Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.

China Graphite Group Total Assets Historical Data

The historical data trend for China Graphite 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 Graphite Group Total Assets Chart

China Graphite Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
271.08 366.29 409.07 592.70 629.61

China Graphite Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only 417.35 592.70 520.35 629.61 652.85

China Graphite 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 Graphite Group'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 )
=490.898+138.709
=629.6

China Graphite Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=465.703+187.151
=652.9

* 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 Graphite Group  (HKSE:02237) Total Assets Explanation

Total Assets is connected with ROA %.

China Graphite Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=-34.918/( (629.606+652.854)/ 2 )
=-34.918/641.23
=-5.45 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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 Graphite Group's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=39.226/( (629.606+652.854)/ 2 )
=39.226/641.23
=0.06

* 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 Graphite Group Total Assets Related Terms

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China Graphite Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Total Assets
Comparable Companies
HKSE:00769 HKSE:01029 HKSE:00166 HKSE:08095 HKSE:06128 HKSE:03833 HKSE:02326 HKSE:02623 HKSE:00637 HKSE:08028 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL MEX:GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN
Website
https://www.chinagraphite.com.hk
China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.
Executives
Sandy Mining Limited 2101 Beneficial owner
Zhao Liang 2201 Interest of corporation controlled by you

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