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China Southern Power Grid Energy Storage Co (SHSE:600995) Total Assets : ¥45,511 Mil (As of Mar. 2024)


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What is China Southern Power Grid Energy Storage Co Total Assets?

China Southern Power Grid Energy Storage Co's Total Assets for the quarter that ended in Mar. 2024 was ¥45,511 Mil.

During the past 12 months, China Southern Power Grid Energy Storage Co's average Total Assets Growth Rate was 16.80% per year. During the past 3 years, the average Total Assets Growth Rate was 146.10% per year. During the past 5 years, the average Total Assets Growth Rate was 100.80% per year. During the past 10 years, the average Total Assets Growth Rate was 34.40% per year.

During the past 13 years, China Southern Power Grid Energy Storage Co's highest 3-Year average Total Assets Growth Rate was 146.10%. The lowest was -2.80%. And the median was 12.20%.

Total Assets is connected with ROA %. China Southern Power Grid Energy Storage Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.54%. Total Assets is also linked to Revenue through Asset Turnover. China Southern Power Grid Energy Storage Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


China Southern Power Grid Energy Storage Co Total Assets Historical Data

The historical data trend for China Southern Power Grid Energy Storage 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.

China Southern Power Grid Energy Storage Co Total Assets Chart

China Southern Power Grid Energy Storage 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 2,760.46 2,871.04 36,997.75 40,762.36 44,486.03

China Southern Power Grid Energy Storage 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 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 41,465.13 42,066.00 43,502.63 44,486.03 45,511.13

China Southern Power Grid Energy Storage 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 Southern Power Grid Energy Storage 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 )
=24284.591+20201.436
=44,486

China Southern Power Grid Energy Storage 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 )
=24662.657+20848.468
=45,511

* 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.


China Southern Power Grid Energy Storage Co  (SHSE:600995) Total Assets Explanation

Total Assets is connected with ROA %.

China Southern Power Grid Energy Storage 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 )
=1141.08/( (44486.027+45511.125)/ 2 )
=1141.08/44998.576
=2.54 %

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 Southern Power Grid Energy Storage 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 )
=1324.703/( (44486.027+45511.125)/ 2 )
=1324.703/44998.576
=0.03

* 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.

China Southern Power Grid Energy Storage Co Total Assets Related Terms

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China Southern Power Grid Energy Storage Co (SHSE:600995) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Fenghuang Road, Yunnan Province, Wenshan, CHN, 663000
China Southern Power Grid Energy Storage Co Ltd is engaged in electric power generation and distribution. The company also operates hydroelectric power stations in China.
Executives
Tang Jian Liang senior management
Zhong Lin senior management
Liu Guo Gang Director
Liu Ya Jun senior management
Tang Zhong Liang senior management
Lu Wen Sheng senior management
Lv Zhi Director
Yang Wei Cong Supervisors
Li Ding Lin Directors, senior managers
Sun Li Qun senior management
Zhou Ling Ling Supervisors
Zhang Hong Director
Yang Yu Jian Director
Zhang Ren Bo Supervisors
Hu Yu Shan Supervisors

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