Zhejiang Cayi Vacuum Container Co (SZSE:301004) Total Assets : ¥2,838 Mil (As of Dec. 2024)

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What is Zhejiang Cayi Vacuum Container Co Total Assets?

Zhejiang Cayi Vacuum Container Co's Total Assets for the quarter that ended in Dec. 2024 was ¥2,838 Mil.

During the past 12 months, Zhejiang Cayi Vacuum Container Co's average Total Assets Growth Rate was 102.00% per year. During the past 3 years, the average Total Assets Growth Rate was 66.80% per year. During the past 5 years, the average Total Assets Growth Rate was 47.40% per year.

During the past 8 years, Zhejiang Cayi Vacuum Container Co's highest 3-Year average Total Assets Growth Rate was 66.80%. The lowest was 7.50%. And the median was 32.00%.

Total Assets is connected with ROA %. Zhejiang Cayi Vacuum Container Co's annualized ROA % for the quarter that ended in Dec. 2024 was 31.58%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Cayi Vacuum Container Co's Asset Turnover for the quarter that ended in Dec. 2024 was 0.33.

Zhejiang Cayi Vacuum Container Co Total Assets Historical Data

The historical data trend for Zhejiang Cayi Vacuum Container 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 Cayi Vacuum Container Co Total Assets Chart

Zhejiang Cayi Vacuum Container Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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465.80

737.12

1,131.86

1,643.40

2,838.23

Zhejiang Cayi Vacuum Container 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															1,643.40	1,790.88	1,974.84	2,278.14	2,838.23

Zhejiang Cayi Vacuum Container 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 Cayi Vacuum Container 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 )
	=	1964.74	+	873.49
	=	2,838

Zhejiang Cayi Vacuum Container 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 )
	=	1964.74	+	873.49
	=	2,838

Zhejiang Cayi Vacuum Container Co (SZSE:301004) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Cayi Vacuum Container 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 )
	=	807.796	/	( (2278.142	+	2838.23)	/ 2 )
	=	807.796	/	2558.186
	=	31.58 %

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 Cayi Vacuum Container 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 )
=	851.208	/	( (2278.142	+	2838.23)	/ 2 )
=	851.208	/	2558.186
=	0.33

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 Cayi Vacuum Container Co Total Assets Related Terms

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Zhejiang Cayi Vacuum Container Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Zhejiang Cayi Vacuum Container Co Ltd (SZSE:301004) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Baiyang Industrial Zone, Economic Development Zone, Zhejiang Province, Wuyi County, Jinhua, CHN, 321200

Website

http://www.cayigroup.com

Zhejiang Cayi Vacuum Container Co Ltd is engaged in the research and development, design, production and sales of various beverage and food containers of different materials.

Executives

Hu Ling Hui	Directors, executives
Gu Dai Hua	Directors, executives

Zhejiang Cayi Vacuum Container Co Headlines

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