HUANLEJIA Food Group Co (SZSE:300997) Total Assets : ¥2,007 Mil (As of Mar. 2024)

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What is HUANLEJIA Food Group Co Total Assets?

HUANLEJIA Food Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,007 Mil.

During the past 12 months, HUANLEJIA Food Group Co's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 5.20% per year. During the past 5 years, the average Total Assets Growth Rate was 1.20% per year.

During the past 7 years, HUANLEJIA Food Group Co's highest 3-Year average Total Assets Growth Rate was 5.20%. The lowest was -2.60%. And the median was 0.45%.

Total Assets is connected with ROA %. HUANLEJIA Food Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 15.51%. Total Assets is also linked to Revenue through Asset Turnover. HUANLEJIA Food Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.26.

HUANLEJIA Food Group Co Total Assets Historical Data

The historical data trend for HUANLEJIA Food 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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HUANLEJIA Food Group Co Total Assets Chart

HUANLEJIA Food Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,411.54

1,348.22

1,891.48

1,990.84

2,226.89

HUANLEJIA Food Group Co Quarterly Data
	Dec18	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															1,868.61	1,865.04	1,881.88	2,226.89	2,006.90

HUANLEJIA Food 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.

HUANLEJIA Food 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 )
	=	1483.49	+	743.401
	=	2,227

HUANLEJIA Food 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 )
	=	1341.649	+	665.251
	=	2,007

HUANLEJIA Food Group Co (SZSE:300997) Total Assets Explanation

Total Assets is connected with ROA %.

HUANLEJIA Food 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 )
	=	328.344	/	( (2226.891	+	2006.9)	/ 2 )
	=	328.344	/	2116.8955
	=	15.51 %

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.

HUANLEJIA Food 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 )
=	551.029	/	( (2226.891	+	2006.9)	/ 2 )
=	551.029	/	2116.8955
=	0.26

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.

HUANLEJIA Food Group Co Total Assets Related Terms

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HUANLEJIA Food Group Co (SZSE:300997) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » HUANLEJIA Food Group Co Ltd (SZSE:300997) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 71, Renmin Avenue Middle, Development Zone, 28th, 29th, 31st and 32nd floors of Happy Home Building, Guangdong Province, Zhanjiang, CHN, 524026

Website

https://www.gdhlj.com

HUANLEJIA Food Group Co Ltd is engaged in research and development, production and sales of food and beverage products such as canned fruits, vegetable protein beverages, fruit juice beverages, and lactic acid bacteria beverages.

HUANLEJIA Food Group Co (SZSE:300997) Headlines

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