Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Total Assets : ¥3,028 Mil (As of Mar. 2024)

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What is Hainan Huluwa Pharmaceutical Group Co Total Assets?

Hainan Huluwa Pharmaceutical Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥3,028 Mil.

Warning Sign:

If a company builds assets at 23% a year, faster than its revenue growth rate of 7.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hainan Huluwa Pharmaceutical Group Co's average Total Assets Growth Rate was 37.60% per year. During the past 3 years, the average Total Assets Growth Rate was 29.20% per year. During the past 5 years, the average Total Assets Growth Rate was 23.00% per year.

During the past 8 years, Hainan Huluwa Pharmaceutical Group Co's highest 3-Year average Total Assets Growth Rate was 29.20%. The lowest was 11.80%. And the median was 25.20%.

Total Assets is connected with ROA %. Hainan Huluwa Pharmaceutical Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.81%. Total Assets is also linked to Revenue through Asset Turnover. Hainan Huluwa Pharmaceutical Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Hainan Huluwa Pharmaceutical Group Co Total Assets Historical Data

The historical data trend for Hainan Huluwa Pharmaceutical 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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Hainan Huluwa Pharmaceutical Group Co Total Assets Chart

Hainan Huluwa Pharmaceutical Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,086.61

1,521.66

1,760.93

2,312.06

3,060.55

Hainan Huluwa Pharmaceutical Group Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															2,352.98	2,545.25	2,651.75	3,060.55	3,028.42

Hainan Huluwa Pharmaceutical 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.

Hainan Huluwa Pharmaceutical 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 )
	=	1159.373	+	1901.175
	=	3,061

Hainan Huluwa Pharmaceutical Group Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets	=	Total Equity (Q: Mar. 2024 )	+	Total Liabilities (Q: Mar. 2024 )
	=	1189.737	+	1838.678
	=	3,028

Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Total Assets Explanation

Total Assets is connected with ROA %.

Hainan Huluwa Pharmaceutical Group Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	116.128	/	( (3060.549	+	3028.415)	/ 2 )
	=	116.128	/	3044.482
	=	3.81 %

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

Hainan Huluwa Pharmaceutical Group Co's Asset Turnover for the quarter that ended in Mar. 2024 is

	Asset Turnover
=	Revenue (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
=	430.405	/	( (3060.549	+	3028.415)	/ 2 )
=	430.405	/	3044.482
=	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.

Hainan Huluwa Pharmaceutical Group Co Total Assets Related Terms

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Hainan Huluwa Pharmaceutical Group Co (SHSE:605199) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Hainan Huluwa Pharmaceutical Group Co Ltd (SHSE:605199) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 8, Yaogu 4th Road, Phase II, Yaogu Industrial Park, Haikou National High-tech Zone, Hainan Province, Haikou, CHN, 570300

Website

http://www.huluwayaoye.com

Hainan Huluwa Pharmaceutical Group Co Ltd is engaged in production and sales of Chinese patent medicines and chemical drugs. The company produces medicines for children's respiratory and digestive systems. Its products include star products, calabash, gourd dad, and gourd mom.

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