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Concord Healthcare Group Co (HKSE:02453) Total Assets : HK$6,306.3 Mil (As of Dec. 2024)


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What is Concord Healthcare Group Co Total Assets?

Concord Healthcare Group Co's Total Assets for the quarter that ended in Dec. 2024 was HK$6,306.3 Mil.

During the past 12 months, Concord Healthcare Group Co's average Total Assets Growth Rate was 4.60% per year. During the past 3 years, the average Total Assets Growth Rate was -2.90% per year.

During the past 5 years, Concord Healthcare Group Co's highest 3-Year average Total Assets Growth Rate was 1.70%. The lowest was -2.90%. And the median was -0.60%.

Total Assets is connected with ROA %. Concord Healthcare Group Co's annualized ROA % for the quarter that ended in Dec. 2024 was -8.95%. Total Assets is also linked to Revenue through Asset Turnover. Concord Healthcare Group Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.03.

Concord Healthcare Group Co Total Assets Historical Data

The historical data trend for Concord Healthcare Group 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.

Concord Healthcare Group Co Total Assets Chart

Concord Healthcare Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
5,902.30 6,669.62 6,043.13 5,727.46 6,306.27

Concord Healthcare Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Assets Get a 7-Day Free Trial 6,043.13 6,027.99 5,727.46 6,157.57 6,306.27

Concord Healthcare Group 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.

Concord Healthcare Group Co'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 )
=2029.442+4276.83
=6,306.3

Concord Healthcare Group Co'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 )
=2029.442+4276.83
=6,306.3

* 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.

Concord Healthcare Group Co  (HKSE:02453) Total Assets Explanation

Total Assets is connected with ROA %.

Concord Healthcare Group Co'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 )
=-558.066/( (6157.566+6306.271)/ 2 )
=-558.066/6231.9185
=-8.95 %

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.

Concord Healthcare Group Co'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 )
=180.775/( (6157.566+6306.271)/ 2 )
=180.775/6231.9185
=0.03

* 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.

Concord Healthcare Group Co Total Assets Related Terms

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Concord Healthcare Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Concord Healthcare Group Co Ltd (HKSE:02453) » Definitions » Total Assets
Comparable Companies
HKSE:01515 HKSE:02373 HKSE:01830 HKSE:02273 HKSE:02522 HKSE:03309 HKSE:01951 HKSE:00708 HKSE:02219 HKSE:03886 HCA SAU:4013 XTER:FRE SZSE:300015 XTER:FME XKLS:5225 BSP:RDOR3 BOM:543220 NSE:APOLLOHOSP THC
Traded in Other Exchanges
N/A
Address
No. 7 Guanghua Road, Room 26A1-26A5, East Tower, Hanwei Building, Chaoyang, Beijing, CHN, 100020
Website
https://www.concordmedical.com
Concord Healthcare Group Co Ltd is a healthcare service provider in China that specializes in oncology. The company caters to both cancer patients and third-party medical institutions. It operates its own medical institutions to provide comprehensive oncology healthcare services to cancer patients using its medical professionals and advanced precision radiation therapy. It also provides medical equipment, software, and related services to third-party medical institutions. The company's revenue is primarily generated from its hospital business and its medical equipment, software, and related services segment.
Executives
Ascendium Group Limited
Concord Medical Services Holdings Limited
Morgancreek Investment Holdings Limited
Yang Jianyu
Zhang Bi
Shanghai Medstar Financial Leasing Company Limited
China International Capital Corporation Limited
Zhong Jin Zi Ben Yun Ying You Xian Gong Si
Zhong Jin Jia Tai Er Qi Tian Jin Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo
Beijing Concord Medical Technology Co., Ltd.
Concord Hospital Management Group Limited
Tianjin Concord Medical Technology Co., Ltd.

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