Xinjiang Xinxin Mining Industry Co (STU:33X1) Total Assets : €1,006.6 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Xinjiang Xinxin Mining Industry Co Total Assets?

Xinjiang Xinxin Mining Industry Co's Total Assets for the quarter that ended in Dec. 2023 was €1,006.6 Mil.

During the past 12 months, Xinjiang Xinxin Mining Industry Co's average Total Assets Growth Rate was -0.10% per year. During the past 3 years, the average Total Assets Growth Rate was -0.90% per year. During the past 5 years, the average Total Assets Growth Rate was -0.20% per year. During the past 10 years, the average Total Assets Growth Rate was -5.70% per year.

During the past 13 years, Xinjiang Xinxin Mining Industry Co's highest 3-Year average Total Assets Growth Rate was 62.50%. The lowest was -15.70%. And the median was 1.40%.

Total Assets is connected with ROA %. Xinjiang Xinxin Mining Industry Co's annualized ROA % for the quarter that ended in Dec. 2023 was -0.20%. Total Assets is also linked to Revenue through Asset Turnover. Xinjiang Xinxin Mining Industry Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.16.

Xinjiang Xinxin Mining Industry Co Total Assets Historical Data

The historical data trend for Xinjiang Xinxin Mining 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.

Xinjiang Xinxin Mining Industry Co Total Assets Chart

Xinjiang Xinxin Mining Industry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

971.77

913.00

1,027.31

1,060.15

1,006.56

Xinjiang Xinxin Mining Industry Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															1,027.31	1,144.55	1,060.15	1,023.07	1,006.56

Xinjiang Xinxin Mining 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.

Xinjiang Xinxin Mining Industry 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 )
	=	708.987	+	297.576
	=	1,006.6

Xinjiang Xinxin Mining Industry Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	708.987	+	297.576
	=	1,006.6

Xinjiang Xinxin Mining Industry Co (STU:33X1) Total Assets Explanation

Total Assets is connected with ROA %.

Xinjiang Xinxin Mining Industry Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-1.988	/	( (1023.074	+	1006.563)	/ 2 )
	=	-1.988	/	1014.8185
	=	-0.20 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Xinjiang Xinxin Mining Industry Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	165.17	/	( (1023.074	+	1006.563)	/ 2 )
=	165.17	/	1014.8185
=	0.16

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.

Xinjiang Xinxin Mining Industry Co Total Assets Related Terms

Thank you for viewing the detailed overview of Xinjiang Xinxin Mining Industry Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Xinjiang Xinxin Mining Industry Co (STU:33X1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xinjiang Xinxin Mining Industry Co Ltd (STU:33X1) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

03833:Hong Kong

Address

Fusion South Road, No. 501, Cooperation Zone, Economic and Technological, Urumqi, Xinjiang, CHN

Website

http://kunlun.wsfg.hk

Xinjiang Xinxin Mining Industry Co Ltd is a nickel cathode producer. In addition to producing nickel cathode using nickel sulfide resources, the company is engaged in mining, ore processing, smelting and refining operations and sales of nickel, copper and other non-ferrous metals. Its product portfolio includes nickel cathode and copper cathode. It also produces Cobalt products, gold, silver, platinum, and palladium. The majority of the group's revenue is derived from sales of nickel, copper and other non-ferrous metal products in China.

Xinjiang Xinxin Mining Industry Co (STU:33X1) Headlines

No Headlines