Sichuan Goldstone Asia Pharmaceutical (SZSE:300434) Total Assets : ¥3,105 Mil (As of Mar. 2024)

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What is Sichuan Goldstone Asia Pharmaceutical Total Assets?

Sichuan Goldstone Asia Pharmaceutical's Total Assets for the quarter that ended in Mar. 2024 was ¥3,105 Mil.

During the past 12 months, Sichuan Goldstone Asia Pharmaceutical's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 7.70% per year. During the past 5 years, the average Total Assets Growth Rate was -2.00% per year. During the past 10 years, the average Total Assets Growth Rate was 37.40% per year.

During the past 13 years, Sichuan Goldstone Asia Pharmaceutical's highest 3-Year average Total Assets Growth Rate was 158.30%. The lowest was -11.90%. And the median was 7.05%.

Total Assets is connected with ROA %. Sichuan Goldstone Asia Pharmaceutical's annualized ROA % for the quarter that ended in Mar. 2024 was 11.58%. Total Assets is also linked to Revenue through Asset Turnover. Sichuan Goldstone Asia Pharmaceutical's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Sichuan Goldstone Asia Pharmaceutical Total Assets Historical Data

The historical data trend for Sichuan Goldstone Asia Pharmaceutical'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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Sichuan Goldstone Asia Pharmaceutical Total Assets Chart

Sichuan Goldstone Asia Pharmaceutical Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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3,230.26

2,494.20

2,768.13

3,059.91

3,101.44

Sichuan Goldstone Asia Pharmaceutical 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															3,040.49	3,091.70	3,050.72	3,101.44	3,105.40

Sichuan Goldstone Asia Pharmaceutical 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.

Sichuan Goldstone Asia Pharmaceutical'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 )
	=	2424.066	+	677.373
	=	3,101

Sichuan Goldstone Asia Pharmaceutical'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 )
	=	2513.61	+	591.785
	=	3,105

Sichuan Goldstone Asia Pharmaceutical (SZSE:300434) Total Assets Explanation

Total Assets is connected with ROA %.

Sichuan Goldstone Asia Pharmaceutical'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 )
	=	359.264	/	( (3101.439	+	3105.395)	/ 2 )
	=	359.264	/	3103.417
	=	11.58 %

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.

Sichuan Goldstone Asia Pharmaceutical'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 )
=	362.785	/	( (3101.439	+	3105.395)	/ 2 )
=	362.785	/	3103.417
=	0.12

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.

Sichuan Goldstone Asia Pharmaceutical Total Assets Related Terms

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Sichuan Goldstone Asia Pharmaceutical (SZSE:300434) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Sichuan Goldstone Asia Pharmaceutical Inc (SZSE:300434) » Definitions » Total Assets

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Address

8 Jiayuan Road, 8th Floor, District A1, Dadi Xinguanghua Plaza, Chengdu, CHN, 610072

Website

http://www.goldstone-group.com

Sichuan Goldstone Asia Pharmaceutical Inc is engaged in development and application of steel-reinforced plastic composite pipe technology, providing customers with steel-reinforced plastic composite pipes from pipe structure, production process to construction technology. The company is also engaged in research and development, production and sales of medicines and health products.

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