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Hoyuan Green Energy Co (SHSE:603185) Total Assets : ¥32,119 Mil (As of Sep. 2024)


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What is Hoyuan Green Energy Co Total Assets?

Hoyuan Green Energy Co's Total Assets for the quarter that ended in Sep. 2024 was ¥32,119 Mil.

During the past 12 months, Hoyuan Green Energy Co's average Total Assets Growth Rate was 9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 70.20% per year. During the past 5 years, the average Total Assets Growth Rate was 92.30% per year. During the past 10 years, the average Total Assets Growth Rate was 55.90% per year.

During the past 13 years, Hoyuan Green Energy Co's highest 3-Year average Total Assets Growth Rate was 136.20%. The lowest was 5.00%. And the median was 51.15%.

Total Assets is connected with ROA %. Hoyuan Green Energy Co's annualized ROA % for the quarter that ended in Sep. 2024 was -5.91%. Total Assets is also linked to Revenue through Asset Turnover. Hoyuan Green Energy Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.04.


Hoyuan Green Energy Co Total Assets Historical Data

The historical data trend for Hoyuan Green Energy 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.

Hoyuan Green Energy Co Total Assets Chart

Hoyuan Green Energy 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 2,762.99 4,938.59 14,490.85 21,037.54 29,382.19

Hoyuan Green Energy 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 25,245.19 29,382.19 32,367.07 31,823.25 32,118.85

Hoyuan Green Energy 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.

Hoyuan Green Energy 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 )
=12021.114+17361.076
=29,382

Hoyuan Green Energy 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 )
=12951.716+19167.131
=32,119

* 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.


Hoyuan Green Energy Co  (SHSE:603185) Total Assets Explanation

Total Assets is connected with ROA %.

Hoyuan Green Energy 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 )
=-1889.592/( (31823.25+32118.847)/ 2 )
=-1889.592/31971.0485
=-5.91 %

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.

Hoyuan Green Energy 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 )
=1324.189/( (31823.25+32118.847)/ 2 )
=1324.189/31971.0485
=0.04

* 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.

Hoyuan Green Energy Co Total Assets Related Terms

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Hoyuan Green Energy Co Business Description

Traded in Other Exchanges
N/A
Address
No.158, Nanhu Middle Road, Xuelang Street, Binhu District, Jiangsu Province, Wuxi, CHN, 214128
Hoyuan Green Energy Co Ltd is engaged in R&D, production and sales of precision machine tools.
Executives
Wang Jin Chang senior management
Hang Yue Biao Supervisors
Ji Fu Hua senior management
Zhuang Ke Jie senior management
Chen Nian Huai Supervisors
Hang Hong Director
Wang Yong senior management
Dong Xi Xing senior management
Yang Hao Director
Yang Jian Liang Directors, senior managers
Li Xiao Dong Directors, senior managers

Hoyuan Green Energy Co Headlines

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