Wuxi Huadong Heavy Machinery Co (SZSE:002685) Total Assets : ¥3,044 Mil (As of Dec. 2024)

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What is Wuxi Huadong Heavy Machinery Co Total Assets?

Wuxi Huadong Heavy Machinery Co's Total Assets for the quarter that ended in Dec. 2024 was ¥3,044 Mil.

During the past 12 months, Wuxi Huadong Heavy Machinery Co's average Total Assets Growth Rate was -19.00% per year. During the past 3 years, the average Total Assets Growth Rate was -17.60% per year. During the past 5 years, the average Total Assets Growth Rate was -21.40% per year. During the past 10 years, the average Total Assets Growth Rate was 9.40% per year.

During the past 13 years, Wuxi Huadong Heavy Machinery Co's highest 3-Year average Total Assets Growth Rate was 81.60%. The lowest was -24.70%. And the median was 17.45%.

Total Assets is connected with ROA %. Wuxi Huadong Heavy Machinery Co's annualized ROA % for the quarter that ended in Dec. 2024 was 10.79%. Total Assets is also linked to Revenue through Asset Turnover. Wuxi Huadong Heavy Machinery Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.

Wuxi Huadong Heavy Machinery Co Total Assets Historical Data

The historical data trend for Wuxi Huadong Heavy Machinery 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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Wuxi Huadong Heavy Machinery Co Total Assets Chart

Wuxi Huadong Heavy Machinery Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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6,060.46

4,110.68

3,377.31

3,109.22

3,044.24

Wuxi Huadong Heavy Machinery Co Quarterly Data
	Mar20	Jun20	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															3,109.22	3,199.91	3,682.69	3,573.00	3,044.24

Wuxi Huadong Heavy Machinery 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.

Wuxi Huadong Heavy Machinery 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 )
	=	1498.458	+	1545.785
	=	3,044

Wuxi Huadong Heavy Machinery 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 )
	=	1498.458	+	1545.785
	=	3,044

Wuxi Huadong Heavy Machinery Co (SZSE:002685) Total Assets Explanation

Total Assets is connected with ROA %.

Wuxi Huadong Heavy Machinery 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 )
	=	356.844	/	( (3573.003	+	3044.243)	/ 2 )
	=	356.844	/	3308.623
	=	10.79 %

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.

Wuxi Huadong Heavy Machinery 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 )
=	253.249	/	( (3573.003	+	3044.243)	/ 2 )
=	253.249	/	3308.623
=	0.08

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.

Wuxi Huadong Heavy Machinery Co Total Assets Related Terms

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Wuxi Huadong Heavy Machinery Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Wuxi Huadong Heavy Machinery Co Ltd (SZSE:002685) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 508 Gaolang East Road, 24th Floor, Block B, Huafa Sensing Building, Binhu District, Wuxi, CHN, 214131

Website

http://www.hdhm.com

Wuxi Huadong Heavy Machinery Co Ltd is engaged in the manufacturing and distribution of container handling equipment. Its product portfolio comprises ship-to-shore container cranes, rail-mounted gantry container cranes, rubber-tyred container cranes, general gantry cranes, portal cranes and other types of cranes. These cranes are widely used in domestic seaports. Besides, The company also exported its products to South Korea, Indonesia, Thailand, Bangladesh, Kazakhstan and other South-east Asia and West Asia countries.

Executives

Zhu Zhi Guo	Directors, executives
Sun Xin Wei	Independent director
Zhou Wen Yuan	Director
Xu Da Peng	Director, representative of securities affairs
Weng Yao Gen	Director
Chen Xiang	Supervisors
Gu Wen Yuan	Directors, executives
Weng Jie	Directors, executives

Wuxi Huadong Heavy Machinery Co Headlines

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