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Hangzhou Star Shuaier Electric Appliance Co (SZSE:002860) Total Assets : ¥3,205 Mil (As of Jun. 2024)


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What is Hangzhou Star Shuaier Electric Appliance Co Total Assets?

Hangzhou Star Shuaier Electric Appliance Co's Total Assets for the quarter that ended in Jun. 2024 was ¥3,205 Mil.

During the past 12 months, Hangzhou Star Shuaier Electric Appliance Co's average Total Assets Growth Rate was 2.60% per year. During the past 3 years, the average Total Assets Growth Rate was 23.90% per year. During the past 5 years, the average Total Assets Growth Rate was 27.70% per year. During the past 10 years, the average Total Assets Growth Rate was 24.70% per year.

During the past 12 years, Hangzhou Star Shuaier Electric Appliance Co's highest 3-Year average Total Assets Growth Rate was 39.30%. The lowest was 6.70%. And the median was 25.10%.

Total Assets is connected with ROA %. Hangzhou Star Shuaier Electric Appliance Co's annualized ROA % for the quarter that ended in Jun. 2024 was 4.94%. Total Assets is also linked to Revenue through Asset Turnover. Hangzhou Star Shuaier Electric Appliance Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.18.


Hangzhou Star Shuaier Electric Appliance Co Total Assets Historical Data

The historical data trend for Hangzhou Star Shuaier Electric Appliance 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.

* Premium members only.

Hangzhou Star Shuaier Electric Appliance Co Total Assets Chart

Hangzhou Star Shuaier Electric Appliance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,365.44 1,671.71 1,899.29 2,488.18 3,393.93

Hangzhou Star Shuaier Electric Appliance Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,214.28 3,445.29 3,393.93 3,190.53 3,205.10

Hangzhou Star Shuaier Electric Appliance 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.

Hangzhou Star Shuaier Electric Appliance 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 )
=1725.715+1668.218
=3,394

Hangzhou Star Shuaier Electric Appliance Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=1803.933+1401.166
=3,205

* 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.


Hangzhou Star Shuaier Electric Appliance Co  (SZSE:002860) Total Assets Explanation

Total Assets is connected with ROA %.

Hangzhou Star Shuaier Electric Appliance Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=158.024/( (3190.531+3205.099)/ 2 )
=158.024/3197.815
=4.94 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

Hangzhou Star Shuaier Electric Appliance Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=578.669/( (3190.531+3205.099)/ 2 )
=578.669/3197.815
=0.18

* 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.

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.

Hangzhou Star Shuaier Electric Appliance Co Total Assets Related Terms

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Hangzhou Star Shuaier Electric Appliance Co Business Description

Traded in Other Exchanges
N/A
Address
No.99 Jiao Jie Ling.Shou Xiang Town, Fuyang, Zhejiang, Hangzhou, CHN, 311422
Hangzhou Star Shuaier Electric Appliance Co Ltd is a Chinese company engaged in manufacturing electrical machinery and equipment. Its product portfolio includes overload protectors for the compressor of refrigerators and air conditioners, starters, combined starter and overload protector, and starting relay. The company products are offered throughout the world.
Executives
Xia Qi Kui Supervisors
Lou Yue Gen Director
Ge Yan Executives
Sun Jian Executives
Zhang Yong Executives
Tang Cheng Executives
Gao Lin Feng Executives
Sun Hua Min Director
Lu Qun Feng Secretary Dong
Lu Wen Cheng Directors, executives
Sun Hai Executives
Lou Yong Wei Directors, executives
Xu Li Qun Supervisors
Niu Jian Hua Supervisors

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