Canature Health Technology Group Co (SZSE:300272) Total Assets : ¥2,997 Mil (As of Mar. 2024)

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What is Canature Health Technology Group Co Total Assets?

Canature Health Technology Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,997 Mil.

During the past 12 months, Canature Health Technology Group Co's average Total Assets Growth Rate was 14.50% per year. During the past 3 years, the average Total Assets Growth Rate was 7.60% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year. During the past 10 years, the average Total Assets Growth Rate was 11.20% per year.

During the past 13 years, Canature Health Technology Group Co's highest 3-Year average Total Assets Growth Rate was 78.50%. The lowest was -12.60%. And the median was 13.50%.

Total Assets is connected with ROA %. Canature Health Technology Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.97%. Total Assets is also linked to Revenue through Asset Turnover. Canature Health Technology Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.13.

Canature Health Technology Group Co Total Assets Historical Data

The historical data trend for Canature Health Technology 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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Canature Health Technology Group Co Total Assets Chart

Canature Health Technology Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,972.73

1,864.70

2,132.86

2,335.97

2,998.22

Canature Health Technology Group 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															2,358.07	2,484.04	2,815.52	2,998.22	2,997.10

Canature Health Technology 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.

Canature Health Technology 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 )
	=	1371.135	+	1627.081
	=	2,998

Canature Health Technology Group 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 )
	=	1338.366	+	1658.733
	=	2,997

Canature Health Technology Group Co (SZSE:300272) Total Assets Explanation

Total Assets is connected with ROA %.

Canature Health Technology Group 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 )
	=	89.164	/	( (2998.216	+	2997.098)	/ 2 )
	=	89.164	/	2997.657
	=	2.97 %

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.

Canature Health Technology Group 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 )
=	381.392	/	( (2998.216	+	2997.098)	/ 2 )
=	381.392	/	2997.657
=	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.

Canature Health Technology Group Co Total Assets Related Terms

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Canature Health Technology Group Co (SZSE:300272) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Canature Health Technology Group Co Ltd (SZSE:300272) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

518 Chuan Da Road, Pudong, Shanghai, CHN, 201299

Website

http://www.canature-global.com

Canature Health Technology Group Co Ltd engages in the production and distribution of water purification equipment and water softener equipment in China. The products offered by the group includes Softeners, Filters, Commercial Drinking Water Systems, Multi-Port Control Valves, Pressure Tanks, Wells and Valves and others. Geographically the activities are carried out through China.

Executives

Yuan Xue Wei	Executives
	Directors, executives
Zhao Li Jun	Director
Qu Jian Guo	Director
Lu Dong Ying	Securities Affairs Representative
Gu Tian Lu	Supervisors
Qiu Jie Xia	Supervisors
Zhou Yi Xiang	Supervisors
Yang Huan Feng	Directors, Directors, and Executives
Gao Guo Lei	Secretary Dong
	Supervisors
Wang Jian	Director

Canature Health Technology Group Co (SZSE:300272) Headlines

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