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AVIC Industry-Finance Holdings Co (SHSE:600705) Total Assets : ¥442,393 Mil (As of Sep. 2024)


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What is AVIC Industry-Finance Holdings Co Total Assets?

AVIC Industry-Finance Holdings Co's Total Assets for the quarter that ended in Sep. 2024 was ¥442,393 Mil.

During the past 12 months, AVIC Industry-Finance Holdings Co's average Total Assets Growth Rate was 3.10% per year. During the past 3 years, the average Total Assets Growth Rate was 10.80% per year. During the past 5 years, the average Total Assets Growth Rate was 11.30% per year. During the past 10 years, the average Total Assets Growth Rate was 19.10% per year.

During the past 13 years, AVIC Industry-Finance Holdings Co's highest 3-Year average Total Assets Growth Rate was 1937.30%. The lowest was -89.30%. And the median was 18.10%.

Total Assets is connected with ROA %. AVIC Industry-Finance Holdings Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.33%. Total Assets is also linked to Revenue through Asset Turnover. AVIC Industry-Finance Holdings Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.01.


AVIC Industry-Finance Holdings Co Total Assets Historical Data

The historical data trend for AVIC Industry-Finance Holdings 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.

* Premium members only.

AVIC Industry-Finance Holdings Co Total Assets Chart

AVIC Industry-Finance Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 341,615.29 379,757.20 456,931.13 488,618.38 506,500.75

AVIC Industry-Finance Holdings Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 420,991.20 506,500.75 454,168.32 449,920.91 442,393.44

AVIC Industry-Finance Holdings 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.

AVIC Industry-Finance Holdings 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 )
=65871.749+440629.002
=506,501

AVIC Industry-Finance Holdings Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=65802.916+376590.524
=442,393

* 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.


AVIC Industry-Finance Holdings Co  (SHSE:600705) Total Assets Explanation

Total Assets is connected with ROA %.

AVIC Industry-Finance Holdings Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=1450.428/( (449920.913+442393.44)/ 2 )
=1450.428/446157.1765
=0.33 %

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

AVIC Industry-Finance Holdings Co's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=3787.346/( (449920.913+442393.44)/ 2 )
=3787.346/446157.1765
=0.01

* 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.

AVIC Industry-Finance Holdings Co Total Assets Related Terms

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AVIC Industry-Finance Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
AVIC Capital Building, Building 2, Wangjing East Park 4th District, Chaoyang District, Beijing, CHN, 100103
AVIC Industry-Finance Holdings Co Ltd is a China-based financial services company. The company is engaged in aviation finance, leasing, investment banking and other financial products.
Executives
Zheng Qiang Director
Zhang Yu An senior management
Meng Xiang Tai Director
Chen Jie Director
Wang Xiao Feng Director
Guo Bai Chun senior management
Liu Ji Peng Director
Wen Guan Yin Supervisors
Liu Zhi Wei senior management
Yang Sheng Jun senior management
Liu Hong senior management
Yu Hong Bo Supervisors

AVIC Industry-Finance Holdings Co Headlines

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