Shanghai REFIRE Group (HKSE:02570) Total Assets: HK$4,719.1 Mil (As of Dec. 2025)

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HKSE:02570 Shanghai REFIRE Group Ltd HKSE:02570
3 GF Score
Price HK$17.75
! 8 Warning Signs
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What is Shanghai REFIRE Group Total Assets?

Shanghai REFIRE Group HKSE:02570 -2.90% 3 Total Assets is HK$4,719.1 Mil as of Dec. 2025. GuruFocus rates HKSE:02570 with a GF Score™ of 3/100. The stock has 8 warning signs investors should review.

Shanghai REFIRE Group's Total Assets for the quarter that ended in Dec. 2025 was HK$4,719.1 Mil.

During the past 12 months, Shanghai REFIRE Group's average Total Assets Growth Rate was 4.20% per year. During the past 3 years, the average Total Assets Growth Rate was 11.50% per year.

During the past 5 years, Shanghai REFIRE Group's highest 3-Year average Total Assets Growth Rate was 13.50%. The lowest was 11.50%. And the median was 12.50%.

Total Assets is connected with ROA %. Shanghai REFIRE Group's annualized ROA % for the quarter that ended in Dec. 2025 was -12.23%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai REFIRE Group's Asset Turnover for the quarter that ended in Dec. 2025 was 0.11.


Shanghai REFIRE Group  (HKSE:02570) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai REFIRE Group's annualized ROA % for the quarter that ended in Dec. 2025 is

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-596.846/( (5039.118+4719.11)/ 2 )
=-596.846/4879.114
=-12.23 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) 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.

Shanghai REFIRE Group's Asset Turnover for the quarter that ended in Dec. 2025 is

Asset Turnover
=Revenue (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=539.369/( (5039.118+4719.11)/ 2 )
=539.369/4879.114
=0.11

* 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.

Shanghai REFIRE Group Total Assets Related Terms


Shanghai REFIRE Group Total Assets Historical Data

* Premium members only.

The historical data trend for Shanghai REFIRE 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.

Shanghai REFIRE Group Total Assets Chart

Shanghai REFIRE Group Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Total Assets
3,054.12 4,624.47 4,415.12 5,009.66 4,719.11

Shanghai REFIRE Group Semi-Annual Data
Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
Total Assets Get a 7-Day Free Trial 4,415.12 0.00 5,009.66 5,039.12 4,719.11
HKSE:02570
3GF Score
Shanghai REFIRE Group Ltd HKSE:02570
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Shanghai REFIRE 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.

Shanghai REFIRE Group's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (A: Dec. 2025 )+Total Liabilities (A: Dec. 2025 )
=1881.168+2837.942
=4,719.1

Shanghai REFIRE Group's Total Assets for the quarter that ended in Dec. 2025 is calculated as

Total Assets=Total Equity (Q: Dec. 2025 )+Total Liabilities (Q: Dec. 2025 )
=1881.168+2837.942
=4,719.1

* 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.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of HK$4,719.1 Mil mean?
Shanghai REFIRE Group (HKSE:02570) has a Total Assets of HK$4,719.1 Mil as of Dec. 2025. The total amount of assets as recorded on a company's balance sheet. View historical data on Shanghai REFIRE Group and its competitors.
Is Shanghai REFIRE Group's Total Assets too high?
Shanghai REFIRE Group's current Total Assets is HK$4,719.1 Mil. Overall, Shanghai REFIRE Group has a GF Score™ of 3/100, reflecting its overall financial health beyond just this single metric.
How does Shanghai REFIRE Group's Total Assets compare to GEV and ETN?
Shanghai REFIRE Group's Total Assets of HK$4,719.1 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for an Industrial Products company?
A good Total Assets depends on the Industrial Products industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Shanghai REFIRE Group and its competitors. Shanghai REFIRE Group's current Total Assets is HK$4,719.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai REFIRE Group stock overvalued right now?
Shanghai REFIRE Group (HKSE:02570) has a current Total Assets of HK$4,719.1 Mil. The current Total Assets is HK$4,719.1 Mil. Shanghai REFIRE Group's overall GF Score™ is 3/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Shanghai REFIRE Group (HKSE:02570), the current Total Assets is HK$4,719.1 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Shanghai REFIRE Group Business Description

Address 1555 Jingyuan Road, Room 1004, 1st Floor, Unit 1, Jiading District, Shanghai, CHN
Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.
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HK$17.75
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