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Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Total Assets : ¥55,064 Mil (As of Mar. 2024)


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What is Xinjiang Beixin Road & Bridge Group Co Total Assets?

Xinjiang Beixin Road & Bridge Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥55,064 Mil.

During the past 12 months, Xinjiang Beixin Road & Bridge Group Co's average Total Assets Growth Rate was 6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 11.00% per year. During the past 5 years, the average Total Assets Growth Rate was 19.40% per year. During the past 10 years, the average Total Assets Growth Rate was 23.30% per year.

During the past 13 years, Xinjiang Beixin Road & Bridge Group Co's highest 3-Year average Total Assets Growth Rate was 56.10%. The lowest was 11.00%. And the median was 31.00%.

Total Assets is connected with ROA %. Xinjiang Beixin Road & Bridge Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.04%. Total Assets is also linked to Revenue through Asset Turnover. Xinjiang Beixin Road & Bridge Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.


Xinjiang Beixin Road & Bridge Group Co Total Assets Historical Data

The historical data trend for Xinjiang Beixin Road & Bridge 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.

Xinjiang Beixin Road & Bridge Group Co Total Assets Chart

Xinjiang Beixin Road & Bridge Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,019.13 40,758.93 45,692.58 51,156.01 54,235.21

Xinjiang Beixin Road & Bridge 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 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 51,605.59 52,468.42 53,101.15 54,235.21 55,063.62

Xinjiang Beixin Road & Bridge 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.

Xinjiang Beixin Road & Bridge 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 )
=5612.038+48623.169
=54,235

Xinjiang Beixin Road & Bridge 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 )
=5610.245+49453.376
=55,064

* 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.


Xinjiang Beixin Road & Bridge Group Co  (SZSE:002307) Total Assets Explanation

Total Assets is connected with ROA %.

Xinjiang Beixin Road & Bridge 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 )
=23.728/( (54235.207+55063.621)/ 2 )
=23.728/54649.414
=0.04 %

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.

Xinjiang Beixin Road & Bridge 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 )
=1559.99/( (54235.207+55063.621)/ 2 )
=1559.99/54649.414
=0.03

* 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.

Xinjiang Beixin Road & Bridge Group Co Total Assets Related Terms

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Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Business Description

Traded in Other Exchanges
N/A
Address
No. 217 Gaoxin Street, 16-17, Block A, Yingke Plaza, High-tech Zone, Urumqi, Uygur Autonomous Region, Xinjiang, CHN, 830011
Xinjiang Beixin Road & Bridge Group Co Ltd is engaged in road, tunnel and bridge construction. The company also specializes in the production and sale of construction materials, commercial concrete, and asphalt concrete.
Executives
Yang Wen Cheng Supervisors
Yang Jun Executives
Lv Wei Executives
Xiong Bao Heng Director
Duan Hui Lin Executives
Sun Yu Director
Zhu Chun Yan Supervisors
Zhang Hui Supervisors
Ye Cheng Guang Supervisors
Zhang Guo Dong Executives
Lian Jian Ping Executives

Xinjiang Beixin Road & Bridge Group Co (SZSE:002307) Headlines

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