Chongqing Rural Commercial Bank Co (SHSE:601077) Total Assets : ¥1,509,871 Mil (As of Jun. 2024)

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What is Chongqing Rural Commercial Bank Co Total Assets?

Chongqing Rural Commercial Bank Co's Total Assets for the quarter that ended in Jun. 2024 was ¥1,509,871 Mil.

During the past 12 months, Chongqing Rural Commercial Bank Co's average Total Assets Growth Rate was 4.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 13.80% per year. During the past 10 years, the average Total Assets Growth Rate was 11.80% per year.

During the past 13 years, Chongqing Rural Commercial Bank Co's highest 3-Year average Total Assets Growth Rate was 30.60%. The lowest was 8.10%. And the median was 13.75%.

Total Assets is connected with ROA %. Chongqing Rural Commercial Bank Co's annualized ROA % for the quarter that ended in Jun. 2024 was 1.02%. Total Assets is also linked to Revenue through Asset Turnover. Chongqing Rural Commercial Bank Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.

Chongqing Rural Commercial Bank Co Total Assets Historical Data

The historical data trend for Chongqing Rural Commercial Bank 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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Chongqing Rural Commercial Bank Co Total Assets Chart

Chongqing Rural Commercial Bank Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,030,230.24

1,136,366.57

1,266,291.20

1,352,301.25

1,441,522.07

Chongqing Rural Commercial Bank Co Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															-	1,441,522.07	-	1,509,870.99	-

Chongqing Rural Commercial Bank 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.

Chongqing Rural Commercial Bank 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 )
	=	123941.75	+	1317580.322
	=	1,441,522

Chongqing Rural Commercial Bank Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	129260.129	+	1380610.865
	=	1,509,871

Chongqing Rural Commercial Bank Co (SHSE:601077) Total Assets Explanation

Total Assets is connected with ROA %.

Chongqing Rural Commercial Bank Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	15335.544	/	( (0	+	1509870.994)	/ 1 )
	=	15335.544	/	1509870.994
	=	1.02 %

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

Chongqing Rural Commercial Bank Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	7530.519	/	( (0	+	1509870.994)	/ 1 )
=	7530.519	/	1509870.994
=	0.00

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.

Chongqing Rural Commercial Bank Co Total Assets Related Terms

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Chongqing Rural Commercial Bank Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Chongqing Rural Commercial Bank Co Ltd (SHSE:601077) » Definitions » Total Assets

Traded in Other Exchanges

CRCBY:USA 03618:Hong Kong C3B:Germany

Address

348 Kwun Tong Road, 5th Floor, Manulife Place, Kowloon, HKG

Website

https://www.cqrcb.com

Chongqing Rural Commercial Bank Co Ltd provides a range of banking and related services in China. The company operates in three segments: Corporate banking, which includes corporate loans, trade financing, deposit takings, financial leasing, and other services; Personal banking segment includes personal loans, deposit products, card business, personal wealth management services, and other services; and Financial market operations, which conducts money market or repurchase transactions and debt instruments investment. Its geographical segments are County and Urban.

Executives

Zhou Guo Hua	senior management
Yin Xiang Lin	Director
Wang Min	senior management
Zhang Peng	Director
Xie Wen Hui	Directors, senior managers
Zhang Pei Zong	Directors, senior managers
Shu Jing	senior management
Gao Song	senior management
Dong Lu	senior management
Liu Jian Zhong	Director
Wen Hong Hai	Director
Luo Yu Xing	Director
Liu Jiang Qiao	senior management
Chen Xiao Yan	Director

Chongqing Rural Commercial Bank Co Headlines

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