Hebei Huijin Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,016.9 Mil.
During the past 12 months, Hebei Huijin Group Co's average Total Assets Growth Rate was -33.40% per year.
During the past 3 years, the average Total Assets Growth Rate was -15.90% per year.
During the past 5 years, the average Total Assets Growth Rate was 10.60% per year.
During the past 10 years, the average Total Assets Growth Rate was 20.80% per year.
During the past 13 years, Hebei Huijin Group Co's highest 3-Year average Total Assets Growth Rate was 77.10%. The lowest was -15.90%. And the median was 36.25%.
Hebei Huijin Group Co Total Assets Historical Data
The historical data trend for Hebei Huijin 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.
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.
Hebei Huijin Group Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Hebei Huijin Group Co (SZSE:300368) Total Assets Explanation
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.
Hebei Huijin Group Co's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
Hebei Huijin Group Co Total Assets Related Terms
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Hebei Huijin Group Co (SZSE:300368) Business Description
Hebei Huijin Group Co Ltd formerly Hebei Huijin Electromechanical Co Ltd is a Chinese high-tech enterprise engaged in the research and development, production, sales, and service of financial equipment. The company offers Binding series products, Bundling series products, and Self-service products. Binding series products comprises ZD series high-intelligent binding machine and HJ series automatic binding machine. Bundling series products includes automatic banknote binding machine, which extends to the banknote plastic packaging, the banknote clearing line, and the robot banknote finishing center. The Self-service products cover printing machine, bill machine, and self-service system integration products.
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