Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Total Assets : ¥1,927 Mil (As of Sep. 2024)

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What is Shandong Bailong Chuangyuan Bio-Tech Co Total Assets?

Shandong Bailong Chuangyuan Bio-Tech Co's Total Assets for the quarter that ended in Sep. 2024 was ¥1,927 Mil.

Warning Sign:

If a company builds assets at 17.6% a year, faster than its revenue growth rate of 12.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shandong Bailong Chuangyuan Bio-Tech Co's average Total Assets Growth Rate was 30.80% per year. During the past 3 years, the average Total Assets Growth Rate was 24.00% per year. During the past 5 years, the average Total Assets Growth Rate was 17.60% per year.

During the past 8 years, Shandong Bailong Chuangyuan Bio-Tech Co's highest 3-Year average Total Assets Growth Rate was 24.00%. The lowest was 11.10%. And the median was 12.90%.

Total Assets is connected with ROA %. Shandong Bailong Chuangyuan Bio-Tech Co's annualized ROA % for the quarter that ended in Sep. 2024 was 13.16%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Bailong Chuangyuan Bio-Tech Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.15.

Shandong Bailong Chuangyuan Bio-Tech Co Total Assets Historical Data

The historical data trend for Shandong Bailong Chuangyuan Bio-Tech 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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Shandong Bailong Chuangyuan Bio-Tech Co Total Assets Chart

Shandong Bailong Chuangyuan Bio-Tech Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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754.35

836.00

1,282.51

1,471.95

1,754.18

Shandong Bailong Chuangyuan Bio-Tech 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															1,654.56	1,754.18	1,886.31	1,903.17	1,927.38

Shandong Bailong Chuangyuan Bio-Tech 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 Bailong Chuangyuan Bio-Tech 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 )
	=	1507.828	+	246.352
	=	1,754

Shandong Bailong Chuangyuan Bio-Tech 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 )
	=	1621.08	+	306.302
	=	1,927

Shandong Bailong Chuangyuan Bio-Tech Co (SHSE:605016) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Bailong Chuangyuan Bio-Tech 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 )
	=	252.116	/	( (1903.166	+	1927.381)	/ 2 )
	=	252.116	/	1915.2735
	=	13.16 %

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.

Shandong Bailong Chuangyuan Bio-Tech 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 )
=	289.039	/	( (1903.166	+	1927.381)	/ 2 )
=	289.039	/	1915.2735
=	0.15

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 Bailong Chuangyuan Bio-Tech Co Total Assets Related Terms

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Shandong Bailong Chuangyuan Bio-Tech Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Shandong Bailong Chuangyuan Bio-Tech Co Ltd (SHSE:605016) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Dexin Street, National High-tech Industrial Development Zone, Yucheng, Shandong Province, Dezhou, CHN, 251200

Website

http://www.sdblcy.com

Shandong Bailong Chuangyuan Bio-Tech Co Ltd is engaged in the research and development, production and sales of prebiotic series products, dietary fiber series products, other starch sugar (alcohol) series products and healthy sweetener products.

Executives

Zhao De Xuan	senior management
Dou Bao De	Director
An Lian Lian	Director
Zhang An Guo	Director

Shandong Bailong Chuangyuan Bio-Tech Co Headlines

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