Chongqing Hongjiu Fruit Co (HKSE:06689) Total Assets: HK$12,347 Mil (As of Jun. 2023)

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HKSE:06689 Chongqing Hongjiu Fruit Co Ltd HKSE:06689
27 GF Score
Price HK$1.74
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What is Chongqing Hongjiu Fruit Co Total Assets?

Chongqing Hongjiu Fruit Co HKSE:06689 27 Total Assets is HK$12,347 Mil as of Jun. 2023. GuruFocus rates HKSE:06689 with a GF Score™ of 27/100.

Chongqing Hongjiu Fruit Co's Total Assets for the quarter that ended in Jun. 2023 was HK$12,347 Mil.

Total Assets is connected with ROA %. Chongqing Hongjiu Fruit Co's annualized ROA % for the quarter that ended in Jun. 2023 was 15.12%. Total Assets is also linked to Revenue through Asset Turnover. Chongqing Hongjiu Fruit Co's Asset Turnover for the quarter that ended in Jun. 2023 was 0.80.

Chongqing Hongjiu Fruit Co  (HKSE:06689) Total Assets Explanation

Total Assets is connected with ROA %.

Chongqing Hongjiu Fruit Co's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=1758.076/( (10902.259+12347.241)/ 2 )
=1758.076/11624.75
=15.12 %

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

Chongqing Hongjiu Fruit Co's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=9338.135/( (10902.259+12347.241)/ 2 )
=9338.135/11624.75
=0.80

* 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.

Chongqing Hongjiu Fruit Co Total Assets Related Terms

Chongqing Hongjiu Fruit Co Total Assets Historical Data

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The historical data trend for Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co Total Assets Chart

Chongqing Hongjiu Fruit Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Assets
2,198.36 4,351.50 7,048.18 10,902.26

Chongqing Hongjiu Fruit Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Assets Get a 7-Day Free Trial 0.00 7,048.18 9,440.45 10,902.26 12,347.24
HKSE:06689
27GF Score
Chongqing Hongjiu Fruit Co Ltd HKSE:06689
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Chongqing Hongjiu Fruit 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.

Chongqing Hongjiu Fruit Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=7122.561+3779.699
=10,902

Chongqing Hongjiu Fruit Co's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=8193+4154.241
=12,347

* 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$12,347 Mil mean?
Chongqing Hongjiu Fruit Co (HKSE:06689) has a Total Assets of HK$12,347 Mil as of Jun. 2023. The total amount of assets as recorded on a company's balance sheet. View historical data on Chongqing Hongjiu Fruit Co and its competitors.
Is Chongqing Hongjiu Fruit Co's Total Assets too high?
Chongqing Hongjiu Fruit Co's current Total Assets is HK$12,347 Mil. Overall, Chongqing Hongjiu Fruit Co has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Chongqing Hongjiu Fruit Co's Total Assets compare to SYY and USFD?
Chongqing Hongjiu Fruit Co's Total Assets of HK$12,347 Mil can be compared against companies in the Retail - Defensive 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 a Retail - Defensive company?
A good Total Assets depends on the Retail - Defensive 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 Chongqing Hongjiu Fruit Co and its competitors. Chongqing Hongjiu Fruit Co's current Total Assets is HK$12,347 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chongqing Hongjiu Fruit Co stock overvalued right now?
Chongqing Hongjiu Fruit Co (HKSE:06689) has a current Total Assets of HK$12,347 Mil. The current Total Assets is HK$12,347 Mil. Chongqing Hongjiu Fruit Co's overall GF Score™ is 27/100. 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 Chongqing Hongjiu Fruit Co (HKSE:06689), the current Total Assets is HK$12,347 Mil as of Jun. 2023. 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.

Chongqing Hongjiu Fruit Co Business Description

Address No. 3, Donghu South Road, 24th Floor, Block B, China Railway Fenghui, Yubei District, Chongqing, CHN
Chongqing Hongjiu Fruit Co Ltd is a fast-growing and multi-brand fruit company in China with an end-to-end supply chain. It focuses on managing the entire supply chain for quality fruits grown in China, Thailand and Vietnam.
27GF Score

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HK$1.74
Price