Shenzhen Changfang Group Co (SZSE:300301) Total Assets : ¥802.9 Mil (As of Mar. 2024)

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What is Shenzhen Changfang Group Co Total Assets?

Shenzhen Changfang Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥802.9 Mil.

During the past 12 months, Shenzhen Changfang Group Co's average Total Assets Growth Rate was -15.40% per year. During the past 3 years, the average Total Assets Growth Rate was -31.90% per year. During the past 5 years, the average Total Assets Growth Rate was -27.30% per year. During the past 10 years, the average Total Assets Growth Rate was -6.80% per year.

During the past 13 years, Shenzhen Changfang Group Co's highest 3-Year average Total Assets Growth Rate was 97.80%. The lowest was -31.90%. And the median was 26.40%.

Total Assets is connected with ROA %. Shenzhen Changfang Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was -1.62%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Changfang Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.

Shenzhen Changfang Group Co Total Assets Historical Data

The historical data trend for Shenzhen Changfang 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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Shenzhen Changfang Group Co Total Assets Chart

Shenzhen Changfang Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,259.03

2,738.73

1,342.74

995.27

819.38

Shenzhen Changfang 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															938.75	899.11	854.67	819.38	802.88

Shenzhen Changfang 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.

Shenzhen Changfang 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 )
	=	52.188	+	767.195
	=	819.4

Shenzhen Changfang 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 )
	=	49.131	+	753.749
	=	802.9

Shenzhen Changfang Group Co (SZSE:300301) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Changfang 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 )
	=	-13.1	/	( (819.383	+	802.88)	/ 2 )
	=	-13.1	/	811.1315
	=	-1.62 %

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.

Shenzhen Changfang 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 )
=	136.963	/	( (819.383	+	802.88)	/ 2 )
=	136.963	/	811.1315
=	0.17

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.

Shenzhen Changfang Group Co Total Assets Related Terms

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Shenzhen Changfang Group Co (SZSE:300301) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shenzhen Changfang Group Co Ltd (SZSE:300301) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 3 Road, Julongshan, Big Industry District, Shenzhen, CHN, 518118

Website

http://www.cfled.com

Shenzhen Changfang Group Co Ltd is engaged in research and development, design, production and sales of LED lighting source devices and LED lighting products, belonging to the semiconductor industry of electronic components industry. It is focused on the packaging of white LEDs for lighting, and downstream lighting. Its products include in-line and SMD LED lighting source devices, flashlights, rechargeable eye protection desk lamps, and portable devices, searchlights, emergency lights, horse lights, headlights, rechargeable energy-saving lamps, mosquito killers and electric mosquito swatters, multi-function mobile power supplies.

Executives

Xie Run Qiu	Supervisors
Nie Wei	Director
Li Di Chu	Directors, executives
Jiang Wei	Directors, executives
Deng Zi Quan	Directors, executives
Yang Wen Hao	Executives
Niu Wen Chao	Executives
Li Hai Jian	Secretary Dong
Meng Ling Bao	Supervisors
Deng Zi Zhang	Director
Huang Jin Zhang	Executives
Su Jin Yan	Supervisors

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