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Zhongmin Baihui Retail Group (SGX:5SR) Total Assets : S$238.1 Mil (As of Jun. 2024)


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What is Zhongmin Baihui Retail Group Total Assets?

Zhongmin Baihui Retail Group's Total Assets for the quarter that ended in Jun. 2024 was S$238.1 Mil.

During the past 12 months, Zhongmin Baihui Retail Group's average Total Assets Growth Rate was 20.40% per year. During the past 3 years, the average Total Assets Growth Rate was 18.40% per year. During the past 5 years, the average Total Assets Growth Rate was 25.30% per year. During the past 10 years, the average Total Assets Growth Rate was 20.00% per year.

During the past 13 years, Zhongmin Baihui Retail Group's highest 3-Year average Total Assets Growth Rate was 95.50%. The lowest was -4.40%. And the median was 31.20%.

Total Assets is connected with ROA %. Zhongmin Baihui Retail Group's annualized ROA % for the quarter that ended in Jun. 2024 was 3.72%. Total Assets is also linked to Revenue through Asset Turnover. Zhongmin Baihui Retail Group's Asset Turnover for the quarter that ended in Jun. 2024 was 0.41.


Zhongmin Baihui Retail Group Total Assets Historical Data

The historical data trend for Zhongmin Baihui Retail 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.

* Premium members only.

Zhongmin Baihui Retail Group Total Assets Chart

Zhongmin Baihui Retail Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun23 Jun24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 118.35 183.53 222.56 219.57 238.05

Zhongmin Baihui Retail Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24
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 265.94 228.01 219.57 206.08 238.05

Zhongmin Baihui Retail 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.

Zhongmin Baihui Retail Group's Total Assets for the fiscal year that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (A: Jun. 2024 )+Total Liabilities (A: Jun. 2024 )
=35.861+202.192
=238.1

Zhongmin Baihui Retail Group's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=35.861+202.192
=238.1

* 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.


Zhongmin Baihui Retail Group  (SGX:5SR) Total Assets Explanation

Total Assets is connected with ROA %.

Zhongmin Baihui Retail Group's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=8.264/( (206.075+238.053)/ 2 )
=8.264/222.064
=3.72 %

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

Zhongmin Baihui Retail Group's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=92.156/( (206.075+238.053)/ 2 )
=92.156/222.064
=0.41

* 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.

Zhongmin Baihui Retail Group Total Assets Related Terms

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Zhongmin Baihui Retail Group Business Description

Traded in Other Exchanges
N/A
Address
80 Marine Parade Road, No. 13-07 Parkway Parade, Singapore, SGP, 449269
Zhongmin Baihui Retail Group Ltd is engaged in the ownership, operation and management of department stores and supermarkets in Fujian Province, People's Republic of China. The company is involved in the operation and management of an outlet mall in Changsha, Hunan Province. The department stores offer a wide variety of clothes and accessories for men, women and children from domestic and international brands from concessionaires while the supermarkets are well stocked with a good variety of items, including fresh produce and live seafood. It derives the bulk of its revenue from sales of supermarket products and commissions from concessionaire sales.

Zhongmin Baihui Retail Group Headlines

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