Huazhong In-Vehicle Holdings Co (HKSE:06830) Total Assets : HK$3,728 Mil (As of Dec. 2023)

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What is Huazhong In-Vehicle Holdings Co Total Assets?

Huazhong In-Vehicle Holdings Co's Total Assets for the quarter that ended in Dec. 2023 was HK$3,728 Mil.

During the past 12 months, Huazhong In-Vehicle Holdings Co's average Total Assets Growth Rate was 3.00% per year. During the past 3 years, the average Total Assets Growth Rate was -1.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.40% per year. During the past 10 years, the average Total Assets Growth Rate was 6.60% per year.

During the past 13 years, Huazhong In-Vehicle Holdings Co's highest 3-Year average Total Assets Growth Rate was 11.20%. The lowest was -1.20%. And the median was 8.00%.

Total Assets is connected with ROA %. Huazhong In-Vehicle Holdings Co's annualized ROA % for the quarter that ended in Dec. 2023 was 1.39%. Total Assets is also linked to Revenue through Asset Turnover. Huazhong In-Vehicle Holdings Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.30.

Huazhong In-Vehicle Holdings Co Total Assets Historical Data

The historical data trend for Huazhong In-Vehicle Holdings 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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Huazhong In-Vehicle Holdings Co Total Assets Chart

Huazhong In-Vehicle Holdings Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,678.60

3,848.84

4,052.14

3,626.74

3,727.58

Huazhong In-Vehicle Holdings Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															4,052.14	3,811.96	3,626.74	3,497.39	3,727.58

Huazhong In-Vehicle Holdings 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.

Huazhong In-Vehicle Holdings 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 )
	=	1699.22	+	2028.362
	=	3,728

Huazhong In-Vehicle Holdings 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 )
	=	1699.22	+	2028.362
	=	3,728

Huazhong In-Vehicle Holdings Co (HKSE:06830) Total Assets Explanation

Total Assets is connected with ROA %.

Huazhong In-Vehicle Holdings 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 )
	=	50.37	/	( (3497.394	+	3727.582)	/ 2 )
	=	50.37	/	3612.488
	=	1.39 %

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.

Huazhong In-Vehicle Holdings 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 )
=	1078.302	/	( (3497.394	+	3727.582)	/ 2 )
=	1078.302	/	3612.488
=	0.30

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.

Huazhong In-Vehicle Holdings Co Total Assets Related Terms

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Huazhong In-Vehicle Holdings Co (HKSE:06830) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Huazhong In-Vehicle Holdings Co Ltd (HKSE:06830) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 104 Zhenan Road, Xiangshan County, Zhejiang Province, Xizhou, CHN

Website

https://www.cn-huazhong.com

Huazhong In-Vehicle Holdings Co Ltd is an investment holding company, which acts as a supplier of automobile body parts. The business activity of the group includes manufacturing and sale of decorative and structural automobile parts, molds and tooling, casing, and the liquid tank of air conditioning or heater units and other non-automobile products. Geographically it operates through the region of China and derives revenue from the sale of automobile body parts.

Executives

Zhou Minfeng	2101 Beneficial owner
Chen Chun'er	2202 Interest of your spouse
Huayou Holdings Company Limited	2101 Beneficial owner

Huazhong In-Vehicle Holdings Co (HKSE:06830) Headlines

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