Songcheng Performance Development Co (SZSE:300144) Total Assets : ¥9,372 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Songcheng Performance Development Co Total Assets?

Songcheng Performance Development Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,372 Mil.

During the past 12 months, Songcheng Performance Development Co's average Total Assets Growth Rate was -12.90% per year. During the past 3 years, the average Total Assets Growth Rate was -10.10% per year. During the past 5 years, the average Total Assets Growth Rate was -7.70% per year. During the past 10 years, the average Total Assets Growth Rate was 8.80% per year.

During the past 13 years, Songcheng Performance Development Co's highest 3-Year average Total Assets Growth Rate was 59.90%. The lowest was -10.10%. And the median was 30.00%.

Total Assets is connected with ROA %. Songcheng Performance Development Co's annualized ROA % for the quarter that ended in Mar. 2024 was 10.92%. Total Assets is also linked to Revenue through Asset Turnover. Songcheng Performance Development Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.06.

Songcheng Performance Development Co Total Assets Historical Data

The historical data trend for Songcheng Performance Development 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.

Songcheng Performance Development Co Total Assets Chart

Songcheng Performance Development Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

11,041.08

9,609.07

9,826.51

9,358.54

9,065.38

Songcheng Performance Development 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															9,371.06	9,530.71	10,087.96	9,065.38	9,372.34

Songcheng Performance Development 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.

Songcheng Performance Development 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 )
	=	7536.95	+	1528.432
	=	9,065

Songcheng Performance Development 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 )
	=	7807.631	+	1564.707
	=	9,372

Songcheng Performance Development Co (SZSE:300144) Total Assets Explanation

Total Assets is connected with ROA %.

Songcheng Performance Development 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 )
	=	1006.752	/	( (9065.382	+	9372.338)	/ 2 )
	=	1006.752	/	9218.86
	=	10.92 %

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.

Songcheng Performance Development 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 )
=	559.586	/	( (9065.382	+	9372.338)	/ 2 )
=	559.586	/	9218.86
=	0.06

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.

Songcheng Performance Development Co Total Assets Related Terms

Thank you for viewing the detailed overview of Songcheng Performance Development Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Songcheng Performance Development Co (SZSE:300144) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Songcheng Performance Development Co Ltd (SZSE:300144) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

148 River Road, Zhejiang Province, Hangzhou, CHN, 310008

Website

http://www.songcn.com

Songcheng Performance Development Co Ltd operates in the performing arts industry. The company is engaged in the operation of theme parks and tourism cultural shows in China. It has developed dozens of cultural entertainment projects including Songcheng Six Rooms and China Performing Arts Valley. In addition, the company has extended businesses in leisure tourism, live entertainment, and online entertainment, intending to create a performance empire that covers both online and offline traffic.

Songcheng Performance Development Co (SZSE:300144) Headlines

No Headlines