Dongrui Food Group Co (SZSE:001201) Total Assets : ¥6,114 Mil (As of Sep. 2024)

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What is Dongrui Food Group Co Total Assets?

Dongrui Food Group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥6,114 Mil.

Warning Sign:

If a company builds assets at 62.9% a year, faster than its revenue growth rate of 3.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Dongrui Food Group Co's average Total Assets Growth Rate was 13.80% per year. During the past 3 years, the average Total Assets Growth Rate was 56.10% per year. During the past 5 years, the average Total Assets Growth Rate was 62.90% per year.

During the past 10 years, Dongrui Food Group Co's highest 3-Year average Total Assets Growth Rate was 84.30%. The lowest was 12.00%. And the median was 37.30%.

Total Assets is connected with ROA %. Dongrui Food Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 2.17%. Total Assets is also linked to Revenue through Asset Turnover. Dongrui Food Group Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.

Dongrui Food Group Co Total Assets Historical Data

The historical data trend for Dongrui Food 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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Dongrui Food Group Co Total Assets Chart

Dongrui Food Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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853.32

1,781.30

3,670.73

4,716.14

6,094.80

Dongrui Food Group Co Quarterly Data
	Dec18	Dec19	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															5,165.91	6,094.80	6,051.33	6,049.45	6,114.45

Dongrui Food 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.

Dongrui Food 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 )
	=	3506.318	+	2588.479
	=	6,095

Dongrui Food Group 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 )
	=	3381.965	+	2732.488
	=	6,114

Dongrui Food Group Co (SZSE:001201) Total Assets Explanation

Total Assets is connected with ROA %.

Dongrui Food Group 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 )
	=	132.272	/	( (6049.449	+	6114.454)	/ 2 )
	=	132.272	/	6081.9515
	=	2.17 %

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.

Dongrui Food Group 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 )
=	430.592	/	( (6049.449	+	6114.454)	/ 2 )
=	430.592	/	6081.9515
=	0.07

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.

Dongrui Food Group Co Total Assets Related Terms

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Dongrui Food Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Dongrui Food Group Co Ltd (SZSE:001201) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Block 01-11, Butterfly Ridge Industrial City, Xiantang Town, Dongyuan County, Guangdong Province, Heyuan, CHN, 517500

Website

http://www.gdruichang.com

Dongrui Food Group Co Ltd is engaged in the breeding and sales of live pigs, and the main products are commercial pigs, piglets, breeding pigs, and others. In addition, the company produces its own feed for pig breeding, and some feed is sold externally.

Dongrui Food Group Co Headlines

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