Zhejiang Century Huatong Group Co (SZSE:002602) Total Assets : ¥37,806 Mil (As of Mar. 2024)

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What is Zhejiang Century Huatong Group Co Total Assets?

Zhejiang Century Huatong Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥37,806 Mil.

During the past 12 months, Zhejiang Century Huatong Group Co's average Total Assets Growth Rate was 7.70% per year. During the past 3 years, the average Total Assets Growth Rate was -4.90% per year. During the past 5 years, the average Total Assets Growth Rate was 5.30% per year. During the past 10 years, the average Total Assets Growth Rate was 36.90% per year.

During the past 13 years, Zhejiang Century Huatong Group Co's highest 3-Year average Total Assets Growth Rate was 87.80%. The lowest was -4.90%. And the median was 36.20%.

Total Assets is connected with ROA %. Zhejiang Century Huatong Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.94%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Century Huatong Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Zhejiang Century Huatong Group Co Total Assets Historical Data

The historical data trend for Zhejiang Century Huatong 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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Zhejiang Century Huatong Group Co Total Assets Chart

Zhejiang Century Huatong Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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32,359.12

43,190.23

40,642.56

33,311.73

37,347.28

Zhejiang Century Huatong 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															34,129.98	34,833.82	35,522.01	37,347.28	37,805.68

Zhejiang Century Huatong 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.

Zhejiang Century Huatong 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 )
	=	25988.974	+	11358.3
	=	37,347

Zhejiang Century Huatong 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 )
	=	26339.469	+	11466.215
	=	37,806

Zhejiang Century Huatong Group Co (SZSE:002602) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Century Huatong 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 )
	=	2606.048	/	( (37347.275	+	37805.683)	/ 2 )
	=	2606.048	/	37576.479
	=	6.94 %

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.

Zhejiang Century Huatong 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 )
=	4261.61	/	( (37347.275	+	37805.683)	/ 2 )
=	4261.61	/	37576.479
=	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.

Zhejiang Century Huatong Group Co Total Assets Related Terms

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Zhejiang Century Huatong Group Co (SZSE:002602) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Century Huatong Group Co Ltd (SZSE:002602) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

439 West Renmin Road, Shangyu Economic and Development Zone, Shangyu, Zhejiang, CHN, 312300

Website

http://www.sjhuatong.com

Zhejiang Century Huatong Group Co Ltd is a China-based company engages in the production and distribution of auto parts. It is engaged in automotive plastic parts, metal stamping, photovoltaic packaging materials and non-ferrous die casting products. Its products include engine cooling; heating, ventilation, and air conditioning; lighting; interior and exterior systems; and safety system. The company distributes its products within domestic market and to overseas markets.

Executives

Huang Yi	Directors, executives
Xie Fei	Executives
Wang Ji	Directors, executives
Shao Heng	Directors, executives
Wang Miao Tong	Director
Wang Zhe Feng	Supervisors
Xie De Yuan	Directors, executives
Wang Juan Zhen	Director
Wang Miao Xin	Executives

Zhejiang Century Huatong Group Co (SZSE:002602) Headlines

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