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Chongqing Changjiang River Moulding Material (Group) Co (SZSE:001296) Total Assets : ¥2,099 Mil (As of Dec. 2024)


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What is Chongqing Changjiang River Moulding Material (Group) Co Total Assets?

Chongqing Changjiang River Moulding Material (Group) Co's Total Assets for the quarter that ended in Dec. 2024 was ¥2,099 Mil.

During the past 12 months, Chongqing Changjiang River Moulding Material (Group) Co's average Total Assets Growth Rate was 17.00% per year. During the past 3 years, the average Total Assets Growth Rate was 14.90% per year. During the past 5 years, the average Total Assets Growth Rate was 13.00% per year. During the past 10 years, the average Total Assets Growth Rate was 12.60% per year.

During the past 11 years, Chongqing Changjiang River Moulding Material (Group) Co's highest 3-Year average Total Assets Growth Rate was 22.10%. The lowest was 1.10%. And the median was 14.15%.

Total Assets is connected with ROA %. Chongqing Changjiang River Moulding Material (Group) Co's annualized ROA % for the quarter that ended in Dec. 2024 was 5.47%. Total Assets is also linked to Revenue through Asset Turnover. Chongqing Changjiang River Moulding Material (Group) Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.16.


Chongqing Changjiang River Moulding Material (Group) Co Total Assets Historical Data

The historical data trend for Chongqing Changjiang River Moulding Material (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.

* Premium members only.

Chongqing Changjiang River Moulding Material (Group) Co Total Assets Chart

Chongqing Changjiang River Moulding Material (Group) Co Annual Data
Trend Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,270.21 1,823.63 1,890.40 2,048.38 2,098.84

Chongqing Changjiang River Moulding Material (Group) Co Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,048.38 2,113.90 2,087.52 2,080.26 2,098.84

Chongqing Changjiang River Moulding Material (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.

Chongqing Changjiang River Moulding Material (Group) Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1702.164+396.673
=2,099

Chongqing Changjiang River Moulding Material (Group) Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1702.164+396.673
=2,099

* 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.


Chongqing Changjiang River Moulding Material (Group) Co  (SZSE:001296) Total Assets Explanation

Total Assets is connected with ROA %.

Chongqing Changjiang River Moulding Material (Group) Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=114.252/( (2080.262+2098.837)/ 2 )
=114.252/2089.5495
=5.47 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

Chongqing Changjiang River Moulding Material (Group) Co's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=333.367/( (2080.262+2098.837)/ 2 )
=333.367/2089.5495
=0.16

* 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.

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.

Chongqing Changjiang River Moulding Material (Group) Co Total Assets Related Terms

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Chongqing Changjiang River Moulding Material (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
No. 6, Wuxing Middle Road, Tongjiaxi Town, Beibei District, Chongqing, CHN, 400709
Chongqing Changjiang River Moulding Material (Group) Co Ltd specializes in making resin coated sand, reclaiming used foundry sand, producing auxiliary materials for foundry industry, making sand cores for foundries, and manufacturing proppant for oil and gas industry.

Chongqing Changjiang River Moulding Material (Group) Co Headlines

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