China Shipbuilding Industry Group Power Co (SHSE:600482) Total Assets : ¥100,280 Mil (As of Mar. 2024)

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What is China Shipbuilding Industry Group Power Co Total Assets?

China Shipbuilding Industry Group Power Co's Total Assets for the quarter that ended in Mar. 2024 was ¥100,280 Mil.

Warning Sign:

If a company builds assets at 11.1% a year, faster than its revenue growth rate of 3.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, China Shipbuilding Industry Group Power Co's average Total Assets Growth Rate was 9.50% per year. During the past 3 years, the average Total Assets Growth Rate was 14.30% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was 31.90% per year.

During the past 13 years, China Shipbuilding Industry Group Power Co's highest 3-Year average Total Assets Growth Rate was 116.30%. The lowest was -2.60%. And the median was 15.40%.

Total Assets is connected with ROA %. China Shipbuilding Industry Group Power Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.35%. Total Assets is also linked to Revenue through Asset Turnover. China Shipbuilding Industry Group Power Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

China Shipbuilding Industry Group Power Co Total Assets Historical Data

The historical data trend for China Shipbuilding Industry Group Power 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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China Shipbuilding Industry Group Power Co Total Assets Chart

China Shipbuilding Industry Group Power Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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56,015.70

58,821.41

77,145.86

85,867.56

99,119.60

China Shipbuilding Industry Group Power 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															89,253.40	91,804.38	96,728.34	99,119.60	100,280.05

China Shipbuilding Industry Group Power 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.

China Shipbuilding Industry Group Power 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 )
	=	47305.756	+	51813.84
	=	99,120

China Shipbuilding Industry Group Power Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	47595.183	+	52684.869
	=	100,280

China Shipbuilding Industry Group Power Co (SHSE:600482) Total Assets Explanation

Total Assets is connected with ROA %.

China Shipbuilding Industry Group Power Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	352.448	/	( (99119.596	+	100280.052)	/ 2 )
	=	352.448	/	99699.824
	=	0.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 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 Shipbuilding Industry Group Power Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	11401.795	/	( (99119.596	+	100280.052)	/ 2 )
=	11401.795	/	99699.824
=	0.11

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 Shipbuilding Industry Group Power Co Total Assets Related Terms

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China Shipbuilding Industry Group Power Co (SHSE:600482) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Shipbuilding Industry Group Power Co Ltd (SHSE:600482) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

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Address

Number 8 Fuchang Road, Hebei, Baoding, CHN, 071057

Website

http://www.china-csicpower.com.cn

China Shipbuilding Industry Group Power Co Ltd is engaged in manufacturing and supplying power equipment in China and internationally. Its products include diesel engine, gas, steam, heat engine, electric, chemical, marine nuclear, other power equipment, as well as related auxiliary machinery. The company's products are used in automobiles, ships and marine engineering, engineering, machinery, and land-use power plants, as well as petrochemical, civil nuclear power, distributed energy, and other industries.

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