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Zhejiang Truelove Vogue Co (SZSE:003041) Total Assets : ¥2,145.5 Mil (As of Mar. 2024)


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What is Zhejiang Truelove Vogue Co Total Assets?

Zhejiang Truelove Vogue Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,145.5 Mil.

During the past 12 months, Zhejiang Truelove Vogue Co's average Total Assets Growth Rate was 11.60% per year. During the past 3 years, the average Total Assets Growth Rate was 47.20% per year. During the past 5 years, the average Total Assets Growth Rate was 30.90% per year.

During the past 10 years, Zhejiang Truelove Vogue Co's highest 3-Year average Total Assets Growth Rate was 47.20%. The lowest was -4.90%. And the median was 8.85%.

Total Assets is connected with ROA %. Zhejiang Truelove Vogue Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.91%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Truelove Vogue Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.


Zhejiang Truelove Vogue Co Total Assets Historical Data

The historical data trend for Zhejiang Truelove Vogue 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.

Zhejiang Truelove Vogue Co Total Assets Chart

Zhejiang Truelove Vogue Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 733.04 843.33 1,505.91 1,891.77 2,145.46

Zhejiang Truelove Vogue Co Quarterly Data
Dec17 Dec18 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 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 1,897.42 1,942.15 2,098.81 2,145.46 2,145.49

Zhejiang Truelove Vogue 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.

Zhejiang Truelove Vogue 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 )
=1330.111+815.353
=2,145.5

Zhejiang Truelove Vogue 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 )
=1356.454+789.031
=2,145.5

* 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.


Zhejiang Truelove Vogue Co  (SZSE:003041) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Truelove Vogue 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 )
=105.372/( (2145.464+2145.485)/ 2 )
=105.372/2145.4745
=4.91 %

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.

Zhejiang Truelove Vogue 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 )
=159.579/( (2145.464+2145.485)/ 2 )
=159.579/2145.4745
=0.07

* 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.

Zhejiang Truelove Vogue Co Total Assets Related Terms

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Zhejiang Truelove Vogue Co (SZSE:003041) Business Description

Traded in Other Exchanges
N/A
Address
Jiangdong Street, No.399, Fotang Avenue, Zhejiang Province, Yiwu, CHN, 322000
Zhejiang Zhenai Meijia Co Ltd is engaged in the research and development, design, production and sales of home textile. The company offers blankets and kits such as =Raschel blankets, quilts, pillow cores and other household textile products.

Zhejiang Truelove Vogue Co (SZSE:003041) Headlines

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