Huaibei GreenGold Industry Investment Co (HKSE:02450) Total Assets : HK$2,390.1 Mil (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Huaibei GreenGold Industry Investment Co Total Assets?

Huaibei GreenGold Industry Investment Co's Total Assets for the quarter that ended in Jun. 2023 was HK$2,390.1 Mil.

During the past 12 months, Huaibei GreenGold Industry Investment Co's average Total Assets Growth Rate was 2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 50.20% per year.

During the past 5 years, Huaibei GreenGold Industry Investment Co's highest 3-Year average Total Assets Growth Rate was 50.20%. The lowest was 50.20%. And the median was 50.20%.

Total Assets is connected with ROA %. Huaibei GreenGold Industry Investment Co's annualized ROA % for the quarter that ended in Jun. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Huaibei GreenGold Industry Investment Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Huaibei GreenGold Industry Investment Co Total Assets Historical Data

The historical data trend for Huaibei GreenGold Industry Investment 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.

Huaibei GreenGold Industry Investment Co Total Assets Chart

Huaibei GreenGold Industry Investment Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

886.18

832.19

2,865.67

2,560.24

2,606.49

Huaibei GreenGold Industry Investment Co Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial				-	2,542.97	2,560.24	2,390.06	2,606.49

Huaibei GreenGold Industry Investment 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.

Huaibei GreenGold Industry Investment Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	606.094	+	1954.145
	=	2,560.2

Huaibei GreenGold Industry Investment Co's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2023 )	+	Total Liabilities (Q: Jun. 2023 )
	=	693.828	+	1696.228
	=	2,390.1

Huaibei GreenGold Industry Investment Co (HKSE:02450) Total Assets Explanation

Total Assets is connected with ROA %.

Huaibei GreenGold Industry Investment Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %	=	Net Income (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
	=	0	/	( (2560.238	+	2390.056)	/ 2 )
	=	0	/	2475.147
	=	0.00 %

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

Huaibei GreenGold Industry Investment Co's Asset Turnover for the quarter that ended in Jun. 2023 is

	Asset Turnover
=	Revenue (Q: Jun. 2023 )	/	( (Total Assets (Q: Dec. 2022 )	+	Total Assets (Q: Jun. 2023 ))	/ count )
=	0	/	( (2560.238	+	2390.056)	/ 2 )
=	0	/	2475.147
=	0.00

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.

Huaibei GreenGold Industry Investment Co Total Assets Related Terms

Thank you for viewing the detailed overview of Huaibei GreenGold Industry Investment Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Huaibei GreenGold Industry Investment Co (HKSE:02450) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Huaibei GreenGold Industry Investment Co Ltd (HKSE:02450) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 3 Taobo Road, 4th Floor, Shuangchuang Service Centre, Song Tuan Town, Lieshan District, Anhui Province, Huaibei, CHN

Website

http://www.ljgfjt.com

Huaibei GreenGold Industry Investment Co Ltd is a China-based company chiefly engaged in the production and sales of construction material products. The company's main products include aggregate products and concrete products. The aggregate products mainly include general materials, stone powder, 0.5-1 construction aggregate, 1-2 construction aggregate, and 1-3 construction aggregate. The concrete products mainly include ready-mixed concrete, cement-stabilized macadam, and asphalt concrete.

Executives

Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Chu David	2101 Beneficial owner

Huaibei GreenGold Industry Investment Co (HKSE:02450) Headlines

No Headlines