ZheJiang Taifu Pump Co (SZSE:300992) Total Assets : ¥1,728.2 Mil (As of Dec. 2024)

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What is ZheJiang Taifu Pump Co Total Assets?

ZheJiang Taifu Pump Co's Total Assets for the quarter that ended in Dec. 2024 was ¥1,728.2 Mil.

Warning Sign:

If a company builds assets at 26.7% a year, faster than its revenue growth rate of 6.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, ZheJiang Taifu Pump Co's average Total Assets Growth Rate was 19.40% per year. During the past 3 years, the average Total Assets Growth Rate was 21.60% per year. During the past 5 years, the average Total Assets Growth Rate was 26.70% per year.

During the past 8 years, ZheJiang Taifu Pump Co's highest 3-Year average Total Assets Growth Rate was 36.30%. The lowest was 21.60%. And the median was 31.30%.

Total Assets is connected with ROA %. ZheJiang Taifu Pump Co's annualized ROA % for the quarter that ended in Dec. 2024 was -1.65%. Total Assets is also linked to Revenue through Asset Turnover. ZheJiang Taifu Pump Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.14.

ZheJiang Taifu Pump Co Total Assets Historical Data

The historical data trend for ZheJiang Taifu Pump 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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ZheJiang Taifu Pump Co Total Assets Chart

ZheJiang Taifu Pump Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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594.24

854.68

1,337.10

1,611.19

1,728.16

ZheJiang Taifu Pump Co Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															1,611.19	1,613.38	1,624.66	1,622.55	1,728.16

ZheJiang Taifu Pump 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.

ZheJiang Taifu Pump Co's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (A: Dec. 2024 )	+	Total Liabilities (A: Dec. 2024 )
	=	880.363	+	847.801
	=	1,728.2

ZheJiang Taifu Pump Co's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2024 )	+	Total Liabilities (Q: Dec. 2024 )
	=	880.363	+	847.801
	=	1,728.2

ZheJiang Taifu Pump Co (SZSE:300992) Total Assets Explanation

Total Assets is connected with ROA %.

ZheJiang Taifu Pump Co's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %	=	Net Income (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
	=	-27.664	/	( (1622.55	+	1728.164)	/ 2 )
	=	-27.664	/	1675.357
	=	-1.65 %

Note: The Net Income data used here is four times the quarterly (Dec. 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.

ZheJiang Taifu Pump Co's Asset Turnover for the quarter that ended in Dec. 2024 is

	Asset Turnover
=	Revenue (Q: Dec. 2024 )	/	( (Total Assets (Q: Sep. 2024 )	+	Total Assets (Q: Dec. 2024 ))	/ count )
=	228.286	/	( (1622.55	+	1728.164)	/ 2 )
=	228.286	/	1675.357
=	0.14

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.

ZheJiang Taifu Pump Co Total Assets Related Terms

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ZheJiang Taifu Pump Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ZheJiang Taifu Pump Co Ltd (SZSE:300992) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Southeast Industrial Park, Songmen Town, Wenling City, Zhejiang Province, Taizhou, CHN, 317511

Website

https://www.chinataifu.com

ZheJiang Taifu Pump Co Ltd is engaged in the research and development, production and sales of civil water pumps.

Executives

Mao Shi Liang

Director

ZheJiang Taifu Pump Co Headlines

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