Hangzhou Cogeneration Group Co (SHSE:605011) Total Assets : ¥4,024 Mil (As of Sep. 2024)

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What is Hangzhou Cogeneration Group Co Total Assets?

Hangzhou Cogeneration Group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,024 Mil.

During the past 12 months, Hangzhou Cogeneration Group Co's average Total Assets Growth Rate was 6.00% per year. During the past 3 years, the average Total Assets Growth Rate was 0.30% per year. During the past 5 years, the average Total Assets Growth Rate was 0.40% per year.

During the past 8 years, Hangzhou Cogeneration Group Co's highest 3-Year average Total Assets Growth Rate was 3.10%. The lowest was -1.20%. And the median was 0.80%.

Total Assets is connected with ROA %. Hangzhou Cogeneration Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 5.30%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Cogeneration Group Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.23.

Hangzhou Cogeneration Group Co Total Assets Historical Data

The historical data trend for Hangzhou Cogeneration 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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Hangzhou Cogeneration Group Co Total Assets Chart

Hangzhou Cogeneration Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,488.71

3,530.10

3,917.60

3,986.64

3,792.26

Hangzhou Cogeneration 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															3,771.03	3,792.26	3,805.38	3,878.91	4,024.25

Hangzhou Cogeneration 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.

Hangzhou Cogeneration 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 )
	=	2664.274	+	1127.982
	=	3,792

Hangzhou Cogeneration 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 )
	=	2779.249	+	1244.997
	=	4,024

Hangzhou Cogeneration Group Co (SHSE:605011) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Cogeneration 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 )
	=	209.32	/	( (3878.91	+	4024.247)	/ 2 )
	=	209.32	/	3951.5785
	=	5.30 %

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.

Hangzhou Cogeneration 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 )
=	918.892	/	( (3878.91	+	4024.247)	/ 2 )
=	918.892	/	3951.5785
=	0.23

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.

Hangzhou Cogeneration Group Co Total Assets Related Terms

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Hangzhou Cogeneration Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Hangzhou Cogeneration Group Co Ltd (SHSE:605011) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Jiangnan Constellation, Changhe Street, Room 701, Unit 1, Building 2, Binjiang District, Zhejiang Province, Hangzhou, CHN, 310051

Website

http://www.hzrdjt.com

Hangzhou Cogeneration Group Co Ltd is primarily involved in the cogeneration and central heating in the industrial park.

Executives

Xu Yang

Director

Hangzhou Cogeneration Group Co Headlines

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