Xizang Zhufeng Resources Co (SHSE:600338) Total Assets : ¥5,823 Mil (As of Jun. 2024)

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What is Xizang Zhufeng Resources Co Total Assets?

Xizang Zhufeng Resources Co's Total Assets for the quarter that ended in Jun. 2024 was ¥5,823 Mil.

During the past 12 months, Xizang Zhufeng Resources Co's average Total Assets Growth Rate was 1.40% per year. During the past 3 years, the average Total Assets Growth Rate was 16.70% per year. During the past 5 years, the average Total Assets Growth Rate was 9.50% per year. During the past 10 years, the average Total Assets Growth Rate was 24.60% per year.

During the past 13 years, Xizang Zhufeng Resources Co's highest 3-Year average Total Assets Growth Rate was 47.60%. The lowest was -27.60%. And the median was 11.35%.

Total Assets is connected with ROA %. Xizang Zhufeng Resources Co's annualized ROA % for the quarter that ended in Jun. 2024 was 10.64%. Total Assets is also linked to Revenue through Asset Turnover. Xizang Zhufeng Resources Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.07.

Xizang Zhufeng Resources Co Total Assets Historical Data

The historical data trend for Xizang Zhufeng Resources 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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Xizang Zhufeng Resources Co Total Assets Chart

Xizang Zhufeng Resources Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,137.03

3,732.05

3,924.10

5,330.58

5,489.89

Xizang Zhufeng Resources Co Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															5,729.85	5,636.58	5,489.89	5,651.18	5,823.44

Xizang Zhufeng Resources 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.

Xizang Zhufeng Resources 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 )
	=	3224.143	+	2265.749
	=	5,490

Xizang Zhufeng Resources Co'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 )
	=	3537.034	+	2286.408
	=	5,823

Xizang Zhufeng Resources Co (SHSE:600338) Total Assets Explanation

Total Assets is connected with ROA %.

Xizang Zhufeng Resources Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	610.552	/	( (5651.177	+	5823.442)	/ 2 )
	=	610.552	/	5737.3095
	=	10.64 %

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

Xizang Zhufeng Resources Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	424.162	/	( (5651.177	+	5823.442)	/ 2 )
=	424.162	/	5737.3095
=	0.07

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.

Xizang Zhufeng Resources Co Total Assets Related Terms

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Xizang Zhufeng Resources Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xizang Zhufeng Resources Co Ltd (SHSE:600338) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 65, Beijing Middle Road, Tibet Autonomous Region, Lhasa, CHN, 200072

Website

http://www.xizangzhufeng.com

Tibet Summit Resources Co Ltd is a China-based company engaged in the mineral resources exploration, mining, ore processing, metal smelting, mineral products trading, and mineral resources. It is also involved in the resources and related industries investment operations and other services. The company is engaged in the activities of smelting, production, and sale of zinc, indium and other nonferrous metals. It also recycles and sells non-ferrous metal products.

Executives

Meng Xian Dang	senior management
Huang Ya Ting	senior management
Liang Ming	Director
Cao Yu Gang	senior management
Chen Xun Qiao	Director

Xizang Zhufeng Resources Co Headlines

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