Shenzhen China Bicycle Co Holding (SZSE:000017) Total Assets : ¥356.3 Mil (As of Mar. 2024)

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What is Shenzhen China Bicycle Co Holding Total Assets?

Shenzhen China Bicycle Co Holding's Total Assets for the quarter that ended in Mar. 2024 was ¥356.3 Mil.

Warning Sign:

If a company builds assets at 49.2% a year, faster than its revenue growth rate of 41.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shenzhen China Bicycle Co Holding's average Total Assets Growth Rate was -4.70% per year. During the past 3 years, the average Total Assets Growth Rate was 61.50% per year. During the past 5 years, the average Total Assets Growth Rate was 49.20% per year. During the past 10 years, the average Total Assets Growth Rate was 21.50% per year.

During the past 13 years, Shenzhen China Bicycle Co Holding's highest 3-Year average Total Assets Growth Rate was 82.20%. The lowest was -44.20%. And the median was -10.20%.

Total Assets is connected with ROA %. Shenzhen China Bicycle Co Holding's annualized ROA % for the quarter that ended in Mar. 2024 was 3.54%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen China Bicycle Co Holding's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Shenzhen China Bicycle Co Holding Total Assets Historical Data

The historical data trend for Shenzhen China Bicycle Co Holding'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.

Shenzhen China Bicycle Co Holding Total Assets Chart

Shenzhen China Bicycle Co Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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62.73

94.79

97.36

397.25

369.68

Shenzhen China Bicycle Co Holding 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															395.86	402.80	360.58	369.68	356.30

Shenzhen China Bicycle Co Holding 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.

Shenzhen China Bicycle Co Holding'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 )
	=	309.401	+	60.276
	=	369.7

Shenzhen China Bicycle Co Holding'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 )
	=	312.57	+	43.731
	=	356.3

Shenzhen China Bicycle Co Holding (SZSE:000017) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen China Bicycle Co Holding'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 )
	=	12.864	/	( (369.677	+	356.301)	/ 2 )
	=	12.864	/	362.989
	=	3.54 %

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.

Shenzhen China Bicycle Co Holding'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 )
=	112.548	/	( (369.677	+	356.301)	/ 2 )
=	112.548	/	362.989
=	0.31

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.

Shenzhen China Bicycle Co Holding Total Assets Related Terms

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Shenzhen China Bicycle Co Holding (SZSE:000017) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Shenzhen China Bicycle Co Holding Ltd (SZSE:000017) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

200017:China

Address

No.31 Bagua Road, 501 Zhongxin Technology Building, Futian District, Bagualing, Shenzhen, CHN, 518029

Website

http://www.cbc.com.cn

Shenzhen China Bicycle Co Holding Ltd is a China-based company engaged in the manufacturing and selling of Bicycles. The company belongs to the machinery manufacture industry and mainly engages in the production and assembly of various bicycles and spare parts, components, parts, mechanical products, sports machinery, fine chemicals, carbon fiber composites material, household electrical appliance, and affiliated components. It operates in two segments: Jewelry Gold Business and Bicycle lithium battery materials & other business.

Executives

Zheng Zhong Huan	Supervisors
Luo Gui You	Director
Xiao Yan	Supervisors

Shenzhen China Bicycle Co Holding (SZSE:000017) Headlines

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