Shanghai Kindly Enterprise Development Group Co (SHSE:603987) Total Assets : ¥4,078 Mil (As of Sep. 2024)

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What is Shanghai Kindly Enterprise Development Group Co Total Assets?

Shanghai Kindly Enterprise Development Group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,078 Mil.

Warning Sign:

If a company builds assets at 18.6% a year, faster than its revenue growth rate of 13.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shanghai Kindly Enterprise Development Group Co's average Total Assets Growth Rate was 0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 18.60% per year. During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.

During the past 13 years, Shanghai Kindly Enterprise Development Group Co's highest 3-Year average Total Assets Growth Rate was 39.70%. The lowest was 4.50%. And the median was 10.60%.

Total Assets is connected with ROA %. Shanghai Kindly Enterprise Development Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 5.88%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai Kindly Enterprise Development Group Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.14.

Shanghai Kindly Enterprise Development Group Co Total Assets Historical Data

The historical data trend for Shanghai Kindly Enterprise Development 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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Shanghai Kindly Enterprise Development Group Co Total Assets Chart

Shanghai Kindly Enterprise Development Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,788.92

4,257.77

4,957.93

4,137.99

4,218.67

Shanghai Kindly Enterprise Development Group 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															4,098.35	4,218.67	4,179.83	4,074.39	4,077.56

Shanghai Kindly Enterprise Development 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.

Shanghai Kindly Enterprise Development Group 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 )
	=	2779.124	+	1439.543
	=	4,219

Shanghai Kindly Enterprise Development Group 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 )
	=	2875.085	+	1202.469
	=	4,078

Shanghai Kindly Enterprise Development Group Co (SHSE:603987) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai Kindly Enterprise Development Group 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 )
	=	239.68	/	( (4074.393	+	4077.555)	/ 2 )
	=	239.68	/	4075.974
	=	5.88 %

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.

Shanghai Kindly Enterprise Development Group 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 )
=	582.142	/	( (4074.393	+	4077.555)	/ 2 )
=	582.142	/	4075.974
=	0.14

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.

Shanghai Kindly Enterprise Development Group Co Total Assets Related Terms

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Shanghai Kindly Enterprise Development Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Shanghai Kindly Enterprise Development Group Co Ltd (SHSE:603987) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gaochao Road, 2 Floor, Building 1, No. 658, Jiading District, Shanghai, CHN, 201803

Website

http://www.kdlchina.cn

Shanghai Kindly Enterprise Development Group Co Ltd is the manufacturer of medical polymer products in China. The principal business activities include research and development, production and sales of medical puncture devices. Its product portfolio comprises infusion sets, transfusion sets, medical tubes, medical package material, needle and cannula, medical bags and medical kits.

Executives

Xiang Jian Yong	Directors, senior managers
Gu Jia Jun	Directors, senior managers
Zhang Zeng Hua	Director
Chen Hong Qin	Director
Shen Xiao Ru	senior management
Zhang Wei Xin	Directors, senior managers
Zhang Yong	senior management
Wang Cai Liang	Director

Shanghai Kindly Enterprise Development Group Co Headlines

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