Zhonghua Gas Holdings (HKSE:08246) Total Assets : HK$433.51 Mil (As of Dec. 2024)

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What is Zhonghua Gas Holdings Total Assets?

Zhonghua Gas Holdings's Total Assets for the quarter that ended in Dec. 2024 was HK$433.51 Mil.

During the past 12 months, Zhonghua Gas Holdings's average Total Assets Growth Rate was 114.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.50% per year. During the past 5 years, the average Total Assets Growth Rate was -18.10% per year. During the past 10 years, the average Total Assets Growth Rate was 12.30% per year.

During the past 13 years, Zhonghua Gas Holdings's highest 3-Year average Total Assets Growth Rate was 118.60%. The lowest was -34.70%. And the median was 4.40%.

Total Assets is connected with ROA %. Zhonghua Gas Holdings's annualized ROA % for the quarter that ended in Dec. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Zhonghua Gas Holdings's Asset Turnover for the quarter that ended in Dec. 2024 was 0.00.

Zhonghua Gas Holdings Total Assets Historical Data

The historical data trend for Zhonghua Gas Holdings'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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Zhonghua Gas Holdings Total Assets Chart

Zhonghua Gas Holdings Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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705.37

439.49

387.20

382.46

433.51

Zhonghua Gas Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24	Dec24
Total Assets	Get a 7-Day Free Trial															432.34	-	382.46	393.48	433.51

Zhonghua Gas Holdings 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.

Zhonghua Gas Holdings's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	184.242	+	249.263
	=	433.51

Zhonghua Gas Holdings's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	184.242	+	249.263
	=	433.51

Zhonghua Gas Holdings (HKSE:08246) Total Assets Explanation

Total Assets is connected with ROA %.

Zhonghua Gas Holdings's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	0	/	( (393.482	+	433.505)	/ 2 )
	=	0	/	413.4935
	=	0.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Zhonghua Gas Holdings's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	0	/	( (393.482	+	433.505)	/ 2 )
=	0	/	413.4935
=	0.00

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.

Zhonghua Gas Holdings Total Assets Related Terms

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Zhonghua Gas Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Zhonghua Gas Holdings Ltd (HKSE:08246) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

178 Gloucester Road, 23rd Floor, Chinachem Century Tower, Wan chai, Hong Kong, HKG

Website

https://www.8246hk.com

Zhonghua Gas Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the provision of diverse integrated new energy services including technological development, construction and consultancy services in relation to heat supply and coal-to-natural gas conversion, operation of liquefied natural gas stations, coupled with the trading of new energy-related industrial products (New Energy Business); the operation of restaurants and trading of non-staple food (Catering Business) and the leasing of investment properties. The Group has two reportable operating segments, which are Energy Business; and Property Investments. It derives a majority of its revenue from the energy business.

Executives

Hu Yishi	2201 Interest of corporation controlled by you
Depot Up Limited	2101 Beneficial owner
Smart Lane Global Limited	2101 Beneficial owner
Uprise Global Investments Limited	2101 Beneficial owner
Blossom Merit Limited	2101 Beneficial owner
Lin Min,mindy	2201 Interest of corporation controlled by you
Song Zhi Cheng	2201 Interest of corporation controlled by you
Chan Tai Neng	2201 Interest of corporation controlled by you
Yuan Rong Century Investment Holdings Limited	2201 Interest of corporation controlled by you
Wang Xiang Ming	2101 Beneficial owner
Full Kingdom Limited
Kai Yuan Holdings Limited
New York Limited

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