Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Total Assets : HK$5,399.1 Mil (As of Dec. 2023)

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What is Shanghai Dongzheng Automotive Finance Co Total Assets?

Shanghai Dongzheng Automotive Finance Co's Total Assets for the quarter that ended in Dec. 2023 was HK$5,399.1 Mil.

During the past 12 months, Shanghai Dongzheng Automotive Finance Co's average Total Assets Growth Rate was 598.20% per year. During the past 3 years, the average Total Assets Growth Rate was -9.50% per year. During the past 5 years, the average Total Assets Growth Rate was -29.40% per year.

During the past 8 years, Shanghai Dongzheng Automotive Finance Co's highest 3-Year average Total Assets Growth Rate was 35.80%. The lowest was -60.20%. And the median was -9.50%.

Total Assets is connected with ROA %. Shanghai Dongzheng Automotive Finance Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.82%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai Dongzheng Automotive Finance Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Shanghai Dongzheng Automotive Finance Co Total Assets Historical Data

The historical data trend for Shanghai Dongzheng Automotive Finance 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.

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Shanghai Dongzheng Automotive Finance Co Total Assets Chart

Shanghai Dongzheng Automotive Finance Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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11,492.54

7,431.20

4,133.52

3,877.60

5,399.12

Shanghai Dongzheng Automotive Finance Co Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial									4,133.52	4,261.54	3,877.60	3,860.67	5,399.12

Shanghai Dongzheng Automotive Finance 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.

Shanghai Dongzheng Automotive Finance 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 )
	=	3736.077	+	1663.04
	=	5,399.1

Shanghai Dongzheng Automotive Finance Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	3736.077	+	1663.04
	=	5,399.1

Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai Dongzheng Automotive Finance Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	84.448	/	( (3860.665	+	5399.118)	/ 2 )
	=	84.448	/	4629.8915
	=	1.82 %

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

Shanghai Dongzheng Automotive Finance Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	184.984	/	( (3860.665	+	5399.118)	/ 2 )
=	184.984	/	4629.8915
=	0.04

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 Dongzheng Automotive Finance Co Total Assets Related Terms

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Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Shanghai Dongzheng Automotive Finance Co Ltd (HKSE:02718) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Yao Yuan Road, Pudong New Area, 12th Floor, Building 2, No. 58, Shanghai, CHN

Website

https://www.dongzhengafc.com

Shanghai Dongzheng Automotive Finance Co Ltd is engaged in providing auto finance products and services for the purchase of luxury-brand cars. Its segments include Retail business and Dealer's loan business. The company generates maximum revenue from the Retail business segment. Geographically the group conducts its business in PRC.

Executives

Jpmorgan Chase & Co.	2106 Person having a security interest in shares
Shang Hai Qi Che Ji Tuan Gu Fen You Xian Gong Si	2101 Beneficial owner
Shang Hai Qi Che Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Xingtai Capital Management Limited	2102 Investment manager
Xingtai China Master Fund	2101 Beneficial owner
Pictet Asset Management (singapore) Pte Ltd
Ubs Group Ag	2201 Interest of corporation controlled by you
Canepa Funds Icav Xingtai China Fund	2101 Beneficial owner
Global Precise Assets Limited
Morgan Stanley Capital Management, Llc	2201 Interest of corporation controlled by you
Msdw Investment Holdings (us) Llc	2201 Interest of corporation controlled by you
Morgan Stanley Investments (uk)	2201 Interest of corporation controlled by you
Morgan Stanley International Limited	2201 Interest of corporation controlled by you
Tx Capital (hk) Limited	2102 Investment manager
Morgan Stanley International Incorporated	2201 Interest of corporation controlled by you

Shanghai Dongzheng Automotive Finance Co (HKSE:02718) Headlines

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