Shanghai Qingpu Fire-Fighting Equipment Co (HKSE:08115) Total Assets : HK$212.10 Mil (As of Dec. 2023)

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What is Shanghai Qingpu Fire-Fighting Equipment Co Total Assets?

Shanghai Qingpu Fire-Fighting Equipment Co's Total Assets for the quarter that ended in Dec. 2023 was HK$212.10 Mil.

During the past 12 months, Shanghai Qingpu Fire-Fighting Equipment Co's average Total Assets Growth Rate was -4.30% per year. During the past 3 years, the average Total Assets Growth Rate was -16.00% per year. During the past 5 years, the average Total Assets Growth Rate was -9.90% per year. During the past 10 years, the average Total Assets Growth Rate was -7.90% per year.

During the past 13 years, Shanghai Qingpu Fire-Fighting Equipment Co's highest 3-Year average Total Assets Growth Rate was 60.90%. The lowest was -26.80%. And the median was -2.70%.

Total Assets is connected with ROA %. Shanghai Qingpu Fire-Fighting Equipment Co's annualized ROA % for the quarter that ended in Dec. 2023 was 9.17%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai Qingpu Fire-Fighting Equipment Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.09.

Shanghai Qingpu Fire-Fighting Equipment Co Total Assets Historical Data

The historical data trend for Shanghai Qingpu Fire-Fighting Equipment 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 Qingpu Fire-Fighting Equipment Co Total Assets Chart

Shanghai Qingpu Fire-Fighting Equipment Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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106.47

129.63

210.48

202.52

212.10

Shanghai Qingpu Fire-Fighting Equipment Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															-	201.48	-	212.10	-

Shanghai Qingpu Fire-Fighting Equipment 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 Qingpu Fire-Fighting Equipment 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 )
	=	178.312	+	33.787
	=	212.10

Shanghai Qingpu Fire-Fighting Equipment 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 )
	=	178.312	+	33.787
	=	212.10

Shanghai Qingpu Fire-Fighting Equipment Co (HKSE:08115) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai Qingpu Fire-Fighting Equipment Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	19.44	/	( (0	+	212.099)	/ 1 )
	=	19.44	/	212.099
	=	9.17 %

Note: The Net Income data used here is four times the quarterly (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 Qingpu Fire-Fighting Equipment Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	19.462	/	( (0	+	212.099)	/ 1 )
=	19.462	/	212.099
=	0.09

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 Qingpu Fire-Fighting Equipment Co Total Assets Related Terms

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Shanghai Qingpu Fire-Fighting Equipment Co (HKSE:08115) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Qingpu Fire-Fighting Equipment Co Ltd (HKSE:08115) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

510 King’s Road, Unit 2605, Island Place Tower, North Point, Hong Kong, HKG

Website

https://www.shanghaiqingpu.com

Shanghai Qingpu Fire-Fighting Equipment Co Ltd is a pressure vessel manufacturing and selling firm. It operates in six business segments. Fire-fighting Equipment segment is a major revenue driver for the firm that manufactures and sells pressure vessels, including fire-fighting equipment products and pressure vessel products. The inspection services segment offers the provision of fire technology inspection services. The property investment segment includes investment in office buildings and industrial properties. The trading segment trades sanitary ware and other products. Aquarium Products segment sales aquarium products. Marine fire-fighting segment installs and inspects marine fire-fighting equipment.

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