Hunan Valin Wire & Cable Co (SZSE:001208) Total Assets : ¥4,951 Mil (As of Sep. 2024)

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What is Hunan Valin Wire & Cable Co Total Assets?

Hunan Valin Wire & Cable Co's Total Assets for the quarter that ended in Sep. 2024 was ¥4,951 Mil.

Warning Sign:

If a company builds assets at 32.1% a year, faster than its revenue growth rate of 10.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hunan Valin Wire & Cable Co's average Total Assets Growth Rate was 26.80% per year. During the past 3 years, the average Total Assets Growth Rate was 40.50% per year. During the past 5 years, the average Total Assets Growth Rate was 32.10% per year.

During the past 7 years, Hunan Valin Wire & Cable Co's highest 3-Year average Total Assets Growth Rate was 40.50%. The lowest was 12.90%. And the median was 32.70%.

Total Assets is connected with ROA %. Hunan Valin Wire & Cable Co's annualized ROA % for the quarter that ended in Sep. 2024 was 2.16%. Total Assets is also linked to Revenue through Asset Turnover. Hunan Valin Wire & Cable Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.24.

Hunan Valin Wire & Cable Co Total Assets Historical Data

The historical data trend for Hunan Valin Wire & Cable 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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Hunan Valin Wire & Cable Co Total Assets Chart

Hunan Valin Wire & Cable Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,482.45

1,627.26

2,618.54

3,571.67

3,977.39

Hunan Valin Wire & Cable Co Quarterly Data
	Dec19	Mar20	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															4,015.01	3,977.39	4,246.38	4,495.66	4,951.46

Hunan Valin Wire & Cable 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.

Hunan Valin Wire & Cable 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 )
	=	1541.13	+	2436.259
	=	3,977

Hunan Valin Wire & Cable 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 )
	=	1599.171	+	3352.284
	=	4,951

Hunan Valin Wire & Cable Co (SZSE:001208) Total Assets Explanation

Total Assets is connected with ROA %.

Hunan Valin Wire & Cable 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 )
	=	101.96	/	( (4495.664	+	4951.455)	/ 2 )
	=	101.96	/	4723.5595
	=	2.16 %

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.

Hunan Valin Wire & Cable 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 )
=	1157.178	/	( (4495.664	+	4951.455)	/ 2 )
=	1157.178	/	4723.5595
=	0.24

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.

Hunan Valin Wire & Cable Co Total Assets Related Terms

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Hunan Valin Wire & Cable Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hunan Valin Wire & Cable Co Ltd (SZSE:001208) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 1, Jianshe South Road, High-tech Zone, Xiangtan, CHN, 411104

Website

https://www.hlxl.com

Hunan Valin Wire & Cable Co Ltd is a special cable manufacturer, and its products are widely used in aerospace, weaponry, rail transit and high-speed locomotives, mining, new energy, engineering equipment, data communications, and other fields.

Executives

Zhang Jun

Director

Hunan Valin Wire & Cable Co Headlines

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