Guangdong Redwall New Materials Co (SZSE:002809) Total Assets : ¥2,457.4 Mil (As of Mar. 2024)

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What is Guangdong Redwall New Materials Co Total Assets?

Guangdong Redwall New Materials Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,457.4 Mil.

During the past 12 months, Guangdong Redwall New Materials Co's average Total Assets Growth Rate was 12.50% per year. During the past 3 years, the average Total Assets Growth Rate was 0.20% per year. During the past 5 years, the average Total Assets Growth Rate was 8.90% per year. During the past 10 years, the average Total Assets Growth Rate was 19.90% per year.

During the past 13 years, Guangdong Redwall New Materials Co's highest 3-Year average Total Assets Growth Rate was 38.40%. The lowest was 0.20%. And the median was 19.45%.

Total Assets is connected with ROA %. Guangdong Redwall New Materials Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.13%. Total Assets is also linked to Revenue through Asset Turnover. Guangdong Redwall New Materials Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Guangdong Redwall New Materials Co Total Assets Historical Data

The historical data trend for Guangdong Redwall New Materials 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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Guangdong Redwall New Materials Co Total Assets Chart

Guangdong Redwall New Materials Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,689.37

1,970.10

2,438.35

2,007.62

2,440.68

Guangdong Redwall New Materials 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															1,928.50	2,028.19	2,095.96	2,440.68	2,457.36

Guangdong Redwall New Materials 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.

Guangdong Redwall New Materials 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 )
	=	1652.008	+	788.674
	=	2,440.7

Guangdong Redwall New Materials 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 )
	=	1665.038	+	792.322
	=	2,457.4

Guangdong Redwall New Materials Co (SZSE:002809) Total Assets Explanation

Total Assets is connected with ROA %.

Guangdong Redwall New Materials 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 )
	=	52.196	/	( (2440.682	+	2457.361)	/ 2 )
	=	52.196	/	2449.0215
	=	2.13 %

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.

Guangdong Redwall New Materials 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 )
=	124.818	/	( (2440.682	+	2457.361)	/ 2 )
=	124.818	/	2449.0215
=	0.05

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.

Guangdong Redwall New Materials Co Total Assets Related Terms

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Guangdong Redwall New Materials Co (SZSE:002809) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Guangdong Redwall New Materials Co Ltd (SZSE:002809) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Shiwan park of Science and Technology, Boluo County, Guangdong Province, Dongguan, CHN, 516127

Website

http://www.redwall.com.cn

Guangdong Redwall New Materials Co Ltd engages in the production and sale of concrete admixtures, chemical additives, and special chemicals. Its business activities include the wholesale of ash and mud. The company offers polycarboxylate superplasticizers, polynaphthalene sulfonate, and Polynaphthalene sulfonate derivatives, slump-keeping agents of polynaphthalene sulfonate, waterproofing admixtures, sodium gluconates.

Executives

Cheng Zhan Sheng	Directors, executives
Zhu Ji Han	Executives
He Yuan Jie	Directors, executives
Wang Gui Ling	Independent director
Liu Lian Jun	Directors, executives
Wu Shang Li	Director
Wang Fu Bin	Supervisors

Guangdong Redwall New Materials Co (SZSE:002809) Headlines

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