China Three Gorges Renewables (Group) Co (SHSE:600905) Total Assets : ¥284,499 Mil (As of Sep. 2023)

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What is China Three Gorges Renewables (Group) Co Total Assets?

China Three Gorges Renewables (Group) Co's Total Assets for the quarter that ended in Sep. 2023 was ¥284,499 Mil.

During the past 12 months, China Three Gorges Renewables (Group) Co's average Total Assets Growth Rate was 13.20% per year. During the past 3 years, the average Total Assets Growth Rate was 37.90% per year. During the past 5 years, the average Total Assets Growth Rate was 34.00% per year. During the past 10 years, the average Total Assets Growth Rate was 52.50% per year.

During the past 13 years, China Three Gorges Renewables (Group) Co's highest 3-Year average Total Assets Growth Rate was 130.00%. The lowest was -11.30%. And the median was 31.00%.

Total Assets is connected with ROA %. China Three Gorges Renewables (Group) Co's annualized ROA % for the quarter that ended in Sep. 2023 was 1.31%. Total Assets is also linked to Revenue through Asset Turnover. China Three Gorges Renewables (Group) Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

China Three Gorges Renewables (Group) Co Total Assets Historical Data

The historical data trend for China Three Gorges Renewables (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.

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China Three Gorges Renewables (Group) Co Total Assets Chart

China Three Gorges Renewables (Group) Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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85,508.75

100,050.04

143,399.55

218,903.39

262,127.16

China Three Gorges Renewables (Group) Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															254,158.82	262,127.16	270,946.47	275,666.45	284,498.70

China Three Gorges Renewables (Group) 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 Three Gorges Renewables (Group) Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	87959.291	+	174167.874
	=	262,127

China Three Gorges Renewables (Group) Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	92822.199	+	191676.501
	=	284,499

China Three Gorges Renewables (Group) Co (SHSE:600905) Total Assets Explanation

Total Assets is connected with ROA %.

China Three Gorges Renewables (Group) Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	3678.248	/	( (275666.445	+	284498.7)	/ 2 )
	=	3678.248	/	280082.5725
	=	1.31 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) 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 Three Gorges Renewables (Group) Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	5585.32	/	( (275666.445	+	284498.7)	/ 2 )
=	5585.32	/	280082.5725
=	0.02

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 Three Gorges Renewables (Group) Co Total Assets Related Terms

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China Three Gorges Renewables (Group) Co (SHSE:600905) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Three Gorges Renewables (Group) Co Ltd (SHSE:600905) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 1, Gongyuan Street, Room 206-23, 2nd Floor, Building 1, Tongzhou District, Beijing, CHN, 101149

Website

https://www.ctgne.com

China Three Gorges Renewables, or CTGR, is one of China's largest renewable energy producers. The firm operates wind farms, photovoltaic power plants, hydro-electric power plants, and energy storage projects. CTGR has a total generation capacity of about 26.5 gigawatts as of the end of 2022. In particular, the firm is also one of the largest offshore wind farm operators in China, with 4.9 GW of installed capacity at the end of 2022, representing about 16% of China's total capacity. Parent company, China Three Gorges, a state-owned enterprise, owns approximately 52.4% of CTGR's issued shares as of the end of 2022.

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