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Shanxi Installation Group Co (HKSE:02520) Total Assets : HK$27,760 Mil (As of Jun. 2024)


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What is Shanxi Installation Group Co Total Assets?

Shanxi Installation Group Co's Total Assets for the quarter that ended in Jun. 2024 was HK$27,760 Mil.

During the past 12 months, Shanxi Installation Group Co's average Total Assets Growth Rate was 11.40% per year. During the past 3 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 4 years, Shanxi Installation Group Co's highest 3-Year average Total Assets Growth Rate was 16.30%. The lowest was 16.30%. And the median was 16.30%.

Total Assets is connected with ROA %. Shanxi Installation Group Co's annualized ROA % for the quarter that ended in Jun. 2024 was 0.72%. Total Assets is also linked to Revenue through Asset Turnover. Shanxi Installation Group Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.25.

Shanxi Installation Group Co Total Assets Historical Data

The historical data trend for Shanxi Installation 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.

Shanxi Installation Group Co Total Assets Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Assets
15,860.00 21,519.97 23,950.21 25,728.34

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial - 23,950.21 24,318.86 25,728.34 27,760.30

Shanxi Installation 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.

Shanxi Installation Group Co'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 )
=3418.938+22309.4
=25,728

Shanxi Installation Group Co'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 )
=3510.736+24249.566
=27,760

* 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.

Shanxi Installation Group Co  (HKSE:02520) Total Assets Explanation

Total Assets is connected with ROA %.

Shanxi Installation Group Co'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 )
=192.644/( (25728.338+27760.302)/ 2 )
=192.644/26744.32
=0.72 %

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.

Shanxi Installation Group Co'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 )
=6596.087/( (25728.338+27760.302)/ 2 )
=6596.087/26744.32
=0.25

* 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.

Shanxi Installation Group Co Total Assets Related Terms

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Shanxi Installation Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » Total Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Website
http://www.sxaz.com.cn
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.
Executives
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si 2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si 2101 Beneficial owner
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Gaoteng Global Asset Management Limited 2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd. 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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