Shanxi Coking Coal Energy Group Co (SZSE:000983) Total Assets : ¥92,729 Mil (As of Mar. 2024)

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What is Shanxi Coking Coal Energy Group Co Total Assets?

Shanxi Coking Coal Energy Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥92,729 Mil.

During the past 12 months, Shanxi Coking Coal Energy Group Co's average Total Assets Growth Rate was -4.50% per year. During the past 3 years, the average Total Assets Growth Rate was 3.70% per year. During the past 5 years, the average Total Assets Growth Rate was 5.70% per year. During the past 10 years, the average Total Assets Growth Rate was 6.80% per year.

During the past 13 years, Shanxi Coking Coal Energy Group Co's highest 3-Year average Total Assets Growth Rate was 35.50%. The lowest was 3.70%. And the median was 20.05%.

Total Assets is connected with ROA %. Shanxi Coking Coal Energy Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.08%. Total Assets is also linked to Revenue through Asset Turnover. Shanxi Coking Coal Energy Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Shanxi Coking Coal Energy Group Co Total Assets Historical Data

The historical data trend for Shanxi Coking Coal Energy 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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Shanxi Coking Coal Energy Group Co Total Assets Chart

Shanxi Coking Coal Energy Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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71,480.54

70,979.39

93,499.01

95,907.31

93,603.51

Shanxi Coking Coal Energy 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															98,437.53	97,664.16	94,478.95	93,603.51	92,729.40

Shanxi Coking Coal Energy 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.

Shanxi Coking Coal Energy 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 )
	=	48243.079	+	45360.433
	=	93,604

Shanxi Coking Coal Energy 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 )
	=	49652.439	+	43076.96
	=	92,729

Shanxi Coking Coal Energy Group Co (SZSE:000983) Total Assets Explanation

Total Assets is connected with ROA %.

Shanxi Coking Coal Energy 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 )
	=	3800.776	/	( (93603.512	+	92729.399)	/ 2 )
	=	3800.776	/	93166.4555
	=	4.08 %

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.

Shanxi Coking Coal Energy 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 )
=	10551.745	/	( (93603.512	+	92729.399)	/ 2 )
=	10551.745	/	93166.4555
=	0.11

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.

Shanxi Coking Coal Energy Group Co Total Assets Related Terms

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Shanxi Coking Coal Energy Group Co (SZSE:000983) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Shanxi Coking Coal Energy Group Co Ltd (SZSE:000983) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No 318 West Mine Street, Xishan Building, Shanxi province, Taiyuan, CHN, 030053

Website

http://www.xsmd.com.cn

Shanxi Coking Coal Energy Group Co Ltd formerly Shanxi Xishan Coal And Electricity Power Co Ltd is a China-based company engaged in coal mining and processing, coal mining machine manufacturing, and electrical equipment repair. The business scope of the company includes coal sales, washing and processing; power generation; power procurement and sales; power facilities, transportation and maintenance; equipment cleaning, cleaning services, technology development, technology transfer, technical consulting, laboratory testing, mechanical and electrical repair, material processing, energy-saving renovation New energy management; mine development design and construction; mining and power equipment production and operation and coal mining.

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