Shandong Head Group Co (SZSE:002810) Total Assets : ¥3,936 Mil (As of Sep. 2024)

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What is Shandong Head Group Co Total Assets?

Shandong Head Group Co's Total Assets for the quarter that ended in Sep. 2024 was ¥3,936 Mil.

Warning Sign:

If a company builds assets at 27.6% a year, faster than its revenue growth rate of 10.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shandong Head Group Co's average Total Assets Growth Rate was -0.20% per year. During the past 3 years, the average Total Assets Growth Rate was 34.50% per year. During the past 5 years, the average Total Assets Growth Rate was 27.60% per year. During the past 10 years, the average Total Assets Growth Rate was 20.50% per year.

During the past 13 years, Shandong Head Group Co's highest 3-Year average Total Assets Growth Rate was 35.10%. The lowest was 13.10%. And the median was 21.35%.

Total Assets is connected with ROA %. Shandong Head Group Co's annualized ROA % for the quarter that ended in Sep. 2024 was 7.50%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Head Group Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.13.

Shandong Head Group Co Total Assets Historical Data

The historical data trend for Shandong Head 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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Shandong Head Group Co Total Assets Chart

Shandong Head Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,481.92

1,689.96

2,635.53

3,331.30

3,792.53

Shandong Head Group 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															3,739.47	3,792.53	3,849.93	3,971.91	3,935.81

Shandong Head 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.

Shandong Head 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 )
	=	2094.899	+	1697.628
	=	3,793

Shandong Head Group 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 )
	=	2226.325	+	1709.486
	=	3,936

Shandong Head Group Co (SZSE:002810) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Head Group 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 )
	=	296.48	/	( (3971.909	+	3935.812)	/ 2 )
	=	296.48	/	3953.8605
	=	7.50 %

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.

Shandong Head Group 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 )
=	499.955	/	( (3971.909	+	3935.812)	/ 2 )
=	499.955	/	3953.8605
=	0.13

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.

Shandong Head Group Co Total Assets Related Terms

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Shandong Head Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Shandong Head Group Co Ltd (SZSE:002810) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 999 Heda Road, Shandong Province, Zhoucun District, Zibo, CHN, 255300

Website

http://www.sdhead.com

Shandong Head Group Co Ltd is engaged in research and development, production and sales of water-soluble polymer compounds. Its products include cellulose ether series products, graphite chemical equipment, HPMC plant capsules, trimethyl orthoacetate, diacetone acrylamide. The company has two production divisions, the Cellulose Ether Division and the Graphite Equipment Division.

Executives

Bi Song Ling	Directors, Directors, and Executives
Qiu Jian Jun	Executives
Yang Bing Sheng	Executives
Bi Si Xin	Executives
Yang Bing Gang	Director
Tan Zai Ying	Directors, executives
Cui Ling	Executives
Hu Li Li	Securities Affairs Representative
Bi Xin De	Director
Bi Yu Zhuang	Supervisors

Shandong Head Group Co Headlines

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