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Zhejiang Xinchai Co (SZSE:301032) Total Assets : ¥2,842 Mil (As of Mar. 2025)


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What is Zhejiang Xinchai Co Total Assets?

Zhejiang Xinchai Co's Total Assets for the quarter that ended in Mar. 2025 was ¥2,842 Mil.

During the past 12 months, Zhejiang Xinchai Co's average Total Assets Growth Rate was 3.80% per year. During the past 3 years, the average Total Assets Growth Rate was 1.50% per year. During the past 5 years, the average Total Assets Growth Rate was 3.20% per year.

During the past 8 years, Zhejiang Xinchai Co's highest 3-Year average Total Assets Growth Rate was 10.10%. The lowest was -0.20%. And the median was 2.80%.

Total Assets is connected with ROA %. Zhejiang Xinchai Co's annualized ROA % for the quarter that ended in Mar. 2025 was 2.24%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Xinchai Co's Asset Turnover for the quarter that ended in Mar. 2025 was 0.27.


Zhejiang Xinchai Co Total Assets Historical Data

The historical data trend for Zhejiang Xinchai 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.

* Premium members only.

Zhejiang Xinchai Co Total Assets Chart

Zhejiang Xinchai Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial 2,571.98 2,485.45 2,399.12 2,651.12 2,611.50

Zhejiang Xinchai Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,740.15 2,694.96 2,635.69 2,611.50 2,842.11

Zhejiang Xinchai 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 Xinchai 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 )
=1174.072+1437.428
=2,612

Zhejiang Xinchai Co's Total Assets for the quarter that ended in Mar. 2025 is calculated as

Total Assets=Total Equity (Q: Mar. 2025 )+Total Liabilities (Q: Mar. 2025 )
=1193.056+1649.057
=2,842

* 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.


Zhejiang Xinchai Co  (SZSE:301032) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Xinchai Co's annualized ROA % for the quarter that ended in Mar. 2025 is

ROA %=Net Income (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=61.06/( (2611.5+2842.113)/ 2 )
=61.06/2726.8065
=2.24 %

Note: The Net Income data used here is four times the quarterly (Mar. 2025) 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 Xinchai Co's Asset Turnover for the quarter that ended in Mar. 2025 is

Asset Turnover
=Revenue (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=734.156/( (2611.5+2842.113)/ 2 )
=734.156/2726.8065
=0.27

* 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.

Zhejiang Xinchai Co Total Assets Related Terms

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Zhejiang Xinchai Co Business Description

Traded in Other Exchanges
N/A
Address
888 Xinchang Avenue West Road, Zhejiang Province, CHN, 312500
Zhejiang Xinchai Co Ltd is engaged in the research and development, production and sales of non-road diesel engines and related parts.
Executives
Liang Zhong Qing Supervisors
Bai Hong Fa Director
Gui Zi Nan Executives
Zhang Chun Executives
Zhu Guan Lan Directors, executives
Wang Guo Gang Supervisors
Zhou Gao Feng Executives
Yuan Li Tao Executives
Yang Bin Fei Executives

Zhejiang Xinchai Co Headlines

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