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Changjiang & Jinggong Steel Building (Group) Co Ltd SHSE:600496
Changjiang & Jinggong Steel Building (Group) Co SHSE:600496 -3.64% 84 Total Assets is ¥27,375 Mil as of Mar. 2026. GuruFocus rates SHSE:600496 with a GF Score™ of 84/100 and a GF Value™ of ¥4.06 (Modestly Undervalued). The stock has 5 warning signs investors should review.
Changjiang & Jinggong Steel Building (Group) Co's Total Assets for the quarter that ended in Mar. 2026 was ¥27,375 Mil.
Warning Sign:
If a company builds assets at 10.4% a year, faster than its revenue growth rate of 8.3% over the past 5 years, it means that the company may be getting less efficient.
During the past 12 months, Changjiang & Jinggong Steel Building (Group) Co's average Total Assets Growth Rate was 10.60% per year. During the past 3 years, the average Total Assets Growth Rate was 6.70% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 9.60% per year.
During the past 13 years, Changjiang & Jinggong Steel Building (Group) Co's highest 3-Year average Total Assets Growth Rate was 103.20%. The lowest was 5.60%. And the median was 14.05%.
Total Assets is connected with ROA %. Changjiang & Jinggong Steel Building (Group) Co's annualized ROA % for the quarter that ended in Mar. 2026 was 2.18%. Total Assets is also linked to Revenue through Asset Turnover. Changjiang & Jinggong Steel Building (Group) Co's Asset Turnover for the quarter that ended in Mar. 2026 was 0.17.
Changjiang & Jinggong Steel Building (Group) Co (SHSE:600496) Total Assets Explanation
Total Assets is connected with ROA %.
Changjiang & Jinggong Steel Building (Group) Co's annualized ROA % for the quarter that ended in Mar. 2026 is
| ROA % | = | Net Income (Q: Mar. 2026 ) | / | ( (Total Assets (Q: Dec. 2025 ) | + | Total Assets (Q: Mar. 2026 )) | / count ) |
| = | 605.54 | / | ( (28245.264 | + | 27374.601) | / 2 ) | |
| = | 605.54 | / | 27809.9325 | ||||
| = | 2.18 % |
Note: The Net Income data used here is four times the quarterly (Mar. 2026) 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.
Changjiang & Jinggong Steel Building (Group) Co's Asset Turnover for the quarter that ended in Mar. 2026 is
| Asset Turnover | ||||||
| = | Revenue (Q: Mar. 2026 ) | / | ( (Total Assets (Q: Dec. 2025 ) | + | Total Assets (Q: Mar. 2026 )) | / count ) |
| = | 4844.124 | / | ( (28245.264 | + | 27374.601) | / 2 ) |
| = | 4844.124 | / | 27809.9325 | |||
| = | 0.17 |
* 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.
The historical data trend for Changjiang & Jinggong Steel Building (Group) 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.
| Changjiang & Jinggong Steel Building (Group) Co Annual Data | |||||||||||||||||||||
| Trend | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | Dec25 | |||||||||||
| Total Assets | Get a 7-Day Free Trial |
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18,356.61 | 22,102.78 | 23,327.23 | 25,613.70 | 28,245.26 | |||||||||||||
| Changjiang & Jinggong Steel Building (Group) Co Quarterly Data | ||||||||||||||||||||
| Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | Jun25 | Sep25 | Dec25 | Mar26 | |
| Total Assets | Get a 7-Day Free Trial |
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25,041.70 | 25,487.17 | 26,629.51 | 28,245.26 | 27,374.60 | ||
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.
Changjiang & Jinggong Steel Building (Group) Co's Total Assets for the fiscal year that ended in Dec. 2025 is calculated as
| Total Assets | = | Total Equity (A: Dec. 2025 ) | + | Total Liabilities (A: Dec. 2025 ) |
| = | 9419.867 | + | 18825.397 | |
| = | 28,245 |
Changjiang & Jinggong Steel Building (Group) Co's Total Assets for the quarter that ended in Mar. 2026 is calculated as
| Total Assets | = | Total Equity (Q: Mar. 2026 ) | + | Total Liabilities (Q: Mar. 2026 ) |
| = | 9543.826 | + | 17830.775 | |
| = | 27,375 |
* 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.
Based on GuruFocus' analysis, Changjiang & Jinggong Steel Building (Group) Co stock appears to be undervalued. The current stock price of ¥3.18 is trading 21.7% below its estimated GF Value™ of ¥4.06. GuruFocus considers Changjiang & Jinggong Steel Building (Group) Co to be Modestly Undervalued.
Key valuation signals for SHSE:600496:
No single metric tells the full story. See the SHSE:600496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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