Henan Liliang Diamond Co (SZSE:301071) Total Assets : ¥6,753.7 Mil (As of Jun. 2024)

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What is Henan Liliang Diamond Co Total Assets?

Henan Liliang Diamond Co's Total Assets for the quarter that ended in Jun. 2024 was ¥6,753.7 Mil.

Warning Sign:

If a company builds assets at 49.6% a year, faster than its revenue growth rate of 33.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Henan Liliang Diamond Co's average Total Assets Growth Rate was 21.90% per year. During the past 3 years, the average Total Assets Growth Rate was 59.80% per year. During the past 5 years, the average Total Assets Growth Rate was 49.60% per year.

During the past 7 years, Henan Liliang Diamond Co's highest 3-Year average Total Assets Growth Rate was 59.80%. The lowest was 30.70%. And the median was 46.70%.

Total Assets is connected with ROA %. Henan Liliang Diamond Co's annualized ROA % for the quarter that ended in Jun. 2024 was 2.53%. Total Assets is also linked to Revenue through Asset Turnover. Henan Liliang Diamond Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.02.

Henan Liliang Diamond Co Total Assets Historical Data

The historical data trend for Henan Liliang Diamond 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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Henan Liliang Diamond Co Total Assets Chart

Henan Liliang Diamond Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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568.52

801.42

1,423.54

6,205.65

6,540.54

Henan Liliang Diamond Co Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															6,337.55	6,584.78	6,540.54	6,574.09	6,753.74

Henan Liliang Diamond 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.

Henan Liliang Diamond 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 )
	=	5327.43	+	1213.112
	=	6,540.5

Henan Liliang Diamond Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jun. 2024 )	+	Total Liabilities (Q: Jun. 2024 )
	=	5285.059	+	1468.679
	=	6,753.7

Henan Liliang Diamond Co (SZSE:301071) Total Assets Explanation

Total Assets is connected with ROA %.

Henan Liliang Diamond Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	168.656	/	( (6574.087	+	6753.737)	/ 2 )
	=	168.656	/	6663.912
	=	2.53 %

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

Henan Liliang Diamond Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	142.231	/	( (6574.087	+	6753.737)	/ 2 )
=	142.231	/	6663.912
=	0.02

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.

Henan Liliang Diamond Co Total Assets Related Terms

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Henan Liliang Diamond Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Henan Liliang Diamond Co Ltd (SZSE:301071) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Industrial Cluster Area, Zhecheng County, Henan Province, Shangqiu, CHN, 476200

Website

http://www.lldia.com

Henan Province Liliang Diamond Co Ltd is engaged in the research and development, production, sales, import and export of synthetic diamond and superhard material products.

Executives

Shao Zeng Ming

Director

Henan Liliang Diamond Co Headlines

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