China Come Ride New Energy Group (HKSE:08039) Total Assets: HK$16.65 Mil (As of Sep. 2024)

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HKSE:08039 China Come Ride New Energy Group Ltd HKSE:08039
8 GF Score
Price HK$0.15
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What is China Come Ride New Energy Group Total Assets?

China Come Ride New Energy Group HKSE:08039 8 Total Assets is HK$16.65 Mil as of Sep. 2024. GuruFocus rates HKSE:08039 with a GF Score™ of 8/100.

China Come Ride New Energy Group's Total Assets for the quarter that ended in Sep. 2024 was HK$16.65 Mil.

Total Assets is connected with ROA %. China Come Ride New Energy Group's annualized ROA % for the quarter that ended in Sep. 2024 was -2.97%. Total Assets is also linked to Revenue through Asset Turnover. China Come Ride New Energy Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.82.


China Come Ride New Energy Group  (HKSE:08039) Total Assets Explanation

Total Assets is connected with ROA %.

China Come Ride New Energy Group's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.562/( (21.247+16.648)/ 2 )
=-0.562/18.9475
=-2.97 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) 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.

China Come Ride New Energy Group's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=15.51/( (21.247+16.648)/ 2 )
=15.51/18.9475
=0.82

* 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.

China Come Ride New Energy Group Total Assets Related Terms


China Come Ride New Energy Group Total Assets Historical Data

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The historical data trend for China Come Ride New Energy 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.

China Come Ride New Energy Group Total Assets Chart

China Come Ride New Energy Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.01 13.20 16.72 16.88 21.25

China Come Ride New Energy Group Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.84 16.88 20.02 21.25 16.65
HKSE:08039
8GF Score
China Come Ride New Energy Group Ltd HKSE:08039
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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China Come Ride New Energy 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.

China Come Ride New Energy Group's Total Assets for the fiscal year that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (A: Mar. 2024 )+Total Liabilities (A: Mar. 2024 )
=-0.988+22.235
=21.25

China Come Ride New Energy Group's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=-1.269+17.917
=16.65

* 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$16.65 Mil mean?
China Come Ride New Energy Group (HKSE:08039) has a Total Assets of HK$16.65 Mil as of Sep. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on China Come Ride New Energy Group and its competitors.
Is China Come Ride New Energy Group's Total Assets too high?
China Come Ride New Energy Group's current Total Assets is HK$16.65 Mil. Overall, China Come Ride New Energy Group has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does China Come Ride New Energy Group's Total Assets compare to PWR and EME?
China Come Ride New Energy Group's Total Assets of HK$16.65 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Assets depends on the Construction 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 China Come Ride New Energy Group and its competitors. China Come Ride New Energy Group's current Total Assets is HK$16.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Come Ride New Energy Group stock overvalued right now?
China Come Ride New Energy Group (HKSE:08039) has a current Total Assets of HK$16.65 Mil. The current Total Assets is HK$16.65 Mil. China Come Ride New Energy Group's overall GF Score™ is 8/100. 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 China Come Ride New Energy Group (HKSE:08039), the current Total Assets is HK$16.65 Mil as of Sep. 2024. 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.

China Come Ride New Energy Group Business Description

Address 7 Shing Yip Street, Unit E, 33rd Floor, Legend Tower, Kwun Tong, Hong Kong, HKG
China Come Ride New Energy Group Ltd is principally engaged in the provision of comprehensive architectural and structural engineering consultancy services. Its service portfolio comprises licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architecture-related consultancies. The Company's revenue is generated from the contract revenue from the provision of comprehensive architectural and structural engineering consultancy services in Hong Kong, including licensing consultancy, alteration and addition works and minor works consultancy, inspection and certification, and other architectural-related consultancies.
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