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Shandong Donghong Pipe Industry Co (SHSE:603856) Total Assets : ¥3,722 Mil (As of Mar. 2025)


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What is Shandong Donghong Pipe Industry Co Total Assets?

Shandong Donghong Pipe Industry Co's Total Assets for the quarter that ended in Mar. 2025 was ¥3,722 Mil.

Warning Sign:

If a company builds assets at 11.1% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shandong Donghong Pipe Industry Co's average Total Assets Growth Rate was -3.50% per year. During the past 3 years, the average Total Assets Growth Rate was 1.50% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was 14.20% per year.

During the past 13 years, Shandong Donghong Pipe Industry Co's highest 3-Year average Total Assets Growth Rate was 23.50%. The lowest was 0.30%. And the median was 13.10%.

Total Assets is connected with ROA %. Shandong Donghong Pipe Industry Co's annualized ROA % for the quarter that ended in Mar. 2025 was 4.62%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Donghong Pipe Industry Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.14.


Shandong Donghong Pipe Industry Co Total Assets Historical Data

The historical data trend for Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co Total Assets Chart

Shandong Donghong Pipe Industry Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,871.27 3,468.26 3,937.63 3,558.51 3,698.40

Shandong Donghong Pipe Industry Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3,622.93 4,019.16 3,966.39 3,698.40 3,722.34

Shandong Donghong Pipe Industry 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.

Shandong Donghong Pipe Industry Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2351.824+1346.574
=3,698

Shandong Donghong Pipe Industry Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=2640.678+1081.662
=3,722

* 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.


Shandong Donghong Pipe Industry Co  (SHSE:603856) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Donghong Pipe Industry Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=171.32/( (3698.399+3722.34)/ 2 )
=171.32/3710.3695
=4.62 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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.

Shandong Donghong Pipe Industry Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=521.48/( (3698.399+3722.34)/ 2 )
=521.48/3710.3695
=0.14

* 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.

Shandong Donghong Pipe Industry Co Total Assets Related Terms

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Shandong Donghong Pipe Industry Co Business Description

Traded in Other Exchanges
N/A
Address
No.1 Donghong Road, Shandong Province, Qufu, CHN, 273100
Shandong Donghong Pipe Industry Co Ltd is engaged in the research and development, manufacturing and service of an intelligent pipeline system in China. Its products line includes steel mesh skeleton plastic composite pipes, super wear-resisting composite pipes, HDPE gas pipes, plastic-coated steel pipes, polyethylene pipes for underground coal mining, and other products.
Executives
Bi Xing Tao Director
Kong Zhi Yong Director
Xun Jin Long senior management
Fan Peng senior management
Yang Cui Wei senior management
Liu Yong Director
Ju Heng Shan Directors, senior managers
Xue Chun De senior management
Liu Bin Directors, senior managers
Ni Li Ying Director

Shandong Donghong Pipe Industry Co Headlines

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