Zhongliang Holdings Group Co (HKSE:02772) Total Assets : HK$197,720 Mil (As of Dec. 2023)

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What is Zhongliang Holdings Group Co Total Assets?

Zhongliang Holdings Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$197,720 Mil.

During the past 12 months, Zhongliang Holdings Group Co's average Total Assets Growth Rate was -24.70% per year. During the past 3 years, the average Total Assets Growth Rate was -13.70% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 8 years, Zhongliang Holdings Group Co's highest 3-Year average Total Assets Growth Rate was 71.90%. The lowest was -13.70%. And the median was 20.20%.

Total Assets is connected with ROA %. Zhongliang Holdings Group Co's annualized ROA % for the quarter that ended in Dec. 2023 was -4.24%. Total Assets is also linked to Revenue through Asset Turnover. Zhongliang Holdings Group Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.19.

Zhongliang Holdings Group Co Total Assets Historical Data

The historical data trend for Zhongliang Holdings 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.

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Zhongliang Holdings Group Co Total Assets Chart

Zhongliang Holdings Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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249,834.78

321,054.64

327,150.75

265,575.84

197,720.23

Zhongliang Holdings Group 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									327,150.75	297,109.80	265,575.84	242,186.28	197,720.23

Zhongliang Holdings 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.

Zhongliang Holdings 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 )
	=	28874.658	+	168845.569
	=	197,720

Zhongliang Holdings Group 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 )
	=	28874.658	+	168845.569
	=	197,720

Zhongliang Holdings Group Co (HKSE:02772) Total Assets Explanation

Total Assets is connected with ROA %.

Zhongliang Holdings Group 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 )
	=	-9328.372	/	( (242186.28	+	197720.227)	/ 2 )
	=	-9328.372	/	219953.2535
	=	-4.24 %

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.

Zhongliang Holdings Group 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 )
=	41305.775	/	( (242186.28	+	197720.227)	/ 2 )
=	41305.775	/	219953.2535
=	0.19

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.

Zhongliang Holdings Group Co Total Assets Related Terms

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Zhongliang Holdings Group Co (HKSE:02772) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Zhongliang Holdings Group Co Ltd (HKSE:02772) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

235 Yunling East Road, No. 3, Shanghai Convention and Exhibition Centre of International Sourcing, 20th Floor, Putuo District, Shanghai, CHN

Website

https://www.zldcgroup.com

Zhongliang Holdings Group Co Ltd is a real estate developer. It specializes in the development of residential properties and has recently started to develop, operate and manage commercial properties. The Group derives its revenue from three business lines, namely sales of properties; management consulting services; and rental income from property leases. The Sale of properties is the key driver of revenue for the group.

Executives

Yang Jian
Changxing International Co., Ltd
Changxing Pte. Ltd.
Liangzhong International Co., Ltd.
Ubs Group Ag	2201 Interest of corporation controlled by you
Xu Xiaoqun	2202 Interest of your spouse
Changxing Pte. Ltd.	2301 Trustee
Liangzhong international co., ltd.	2101 Beneficial owner

Zhongliang Holdings Group Co (HKSE:02772) Headlines

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