Shenyang Cuihua Gold and Silver Jewelry Co (SZSE:002731) Total Assets : ¥6,031 Mil (As of Sep. 2024)

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What is Shenyang Cuihua Gold and Silver Jewelry Co Total Assets?

Shenyang Cuihua Gold and Silver Jewelry Co's Total Assets for the quarter that ended in Sep. 2024 was ¥6,031 Mil.

During the past 12 months, Shenyang Cuihua Gold and Silver Jewelry Co's average Total Assets Growth Rate was 14.60% per year. During the past 3 years, the average Total Assets Growth Rate was 14.60% per year. During the past 5 years, the average Total Assets Growth Rate was 8.20% per year. During the past 10 years, the average Total Assets Growth Rate was 12.00% per year.

During the past 13 years, Shenyang Cuihua Gold and Silver Jewelry Co's highest 3-Year average Total Assets Growth Rate was 35.00%. The lowest was -0.70%. And the median was 12.60%.

Total Assets is connected with ROA %. Shenyang Cuihua Gold and Silver Jewelry Co's annualized ROA % for the quarter that ended in Sep. 2024 was 2.35%. Total Assets is also linked to Revenue through Asset Turnover. Shenyang Cuihua Gold and Silver Jewelry Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.21.

Shenyang Cuihua Gold and Silver Jewelry Co Total Assets Historical Data

The historical data trend for Shenyang Cuihua Gold and Silver Jewelry 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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Shenyang Cuihua Gold and Silver Jewelry Co Total Assets Chart

Shenyang Cuihua Gold and Silver Jewelry Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,402.08

3,634.87

3,231.53

3,133.72

5,236.23

Shenyang Cuihua Gold and Silver Jewelry 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															4,941.88	5,236.23	5,471.60	5,650.19	6,031.25

Shenyang Cuihua Gold and Silver Jewelry 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.

Shenyang Cuihua Gold and Silver Jewelry 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 )
	=	1622.374	+	3613.853
	=	5,236

Shenyang Cuihua Gold and Silver Jewelry 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 )
	=	1694.127	+	4337.119
	=	6,031

Shenyang Cuihua Gold and Silver Jewelry Co (SZSE:002731) Total Assets Explanation

Total Assets is connected with ROA %.

Shenyang Cuihua Gold and Silver Jewelry 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 )
	=	137.22	/	( (5650.187	+	6031.247)	/ 2 )
	=	137.22	/	5840.717
	=	2.35 %

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.

Shenyang Cuihua Gold and Silver Jewelry 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 )
=	1229.768	/	( (5650.187	+	6031.247)	/ 2 )
=	1229.768	/	5840.717
=	0.21

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.

Shenyang Cuihua Gold and Silver Jewelry Co Total Assets Related Terms

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Shenyang Cuihua Gold and Silver Jewelry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shenyang Cuihua Gold and Silver Jewelry Co Ltd (SZSE:002731) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Beishuncheng Road, No.72, Cuihua Lane, Dadong District, Shenyang, CHN

Website

http://www.chjd.com.cn

Shenyang Cuihua Gold and Silver Jewelry Co Ltd manufactures gold and silver jewelry. It is mainly engaged in the design, processing, wholesale and retail of jewelry. Its products are mainly gold jewelry, It is also engaged in jewelry such as platinum jewelry and inlaid jewelry. Its currently adopting a business model combining a direct store and a franchise chain. It has more than hundreds of physical stores in large, medium and small cities.

Executives

Li Yu Kun	Director
Guo Yu Chun	Directors, Directors, and Executives
Guo Ying Jie	Director
Chai Gang	Executives
Xu Hai Tong	Independent director

Shenyang Cuihua Gold and Silver Jewelry Co Headlines

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