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Anhui Sentai WPC Group Share Co (SZSE:301429) Total Assets : ¥1,596.7 Mil (As of Mar. 2024)


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What is Anhui Sentai WPC Group Share Co Total Assets?

Anhui Sentai WPC Group Share Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,596.7 Mil.

Warning Sign:

If a company builds assets at 10.2% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Anhui Sentai WPC Group Share Co's average Total Assets Growth Rate was 67.30% per year. During the past 3 years, the average Total Assets Growth Rate was 15.90% per year. During the past 5 years, the average Total Assets Growth Rate was 10.20% per year.

During the past 7 years, Anhui Sentai WPC Group Share Co's highest 3-Year average Total Assets Growth Rate was 15.90%. The lowest was 2.50%. And the median was 10.75%.

Total Assets is connected with ROA %. Anhui Sentai WPC Group Share Co's annualized ROA % for the quarter that ended in Mar. 2024 was 5.67%. Total Assets is also linked to Revenue through Asset Turnover. Anhui Sentai WPC Group Share Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.


Anhui Sentai WPC Group Share Co Total Assets Historical Data

The historical data trend for Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share Co Total Assets Chart

Anhui Sentai WPC Group Share Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 475.42 602.49 828.12 736.16 1,510.45

Anhui Sentai WPC Group Share Co Quarterly Data
Dec17 Dec18 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 739.20 1,456.24 1,462.72 1,510.45 1,596.65

Anhui Sentai WPC Group Share 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.

Anhui Sentai WPC Group Share 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 )
=1345.51+164.939
=1,510.4

Anhui Sentai WPC Group Share 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 )
=1361.276+235.376
=1,596.7

* 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.


Anhui Sentai WPC Group Share Co  (SZSE:301429) Total Assets Explanation

Total Assets is connected with ROA %.

Anhui Sentai WPC Group Share 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 )
=88.12/( (1510.449+1596.652)/ 2 )
=88.12/1553.5505
=5.67 %

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.

Anhui Sentai WPC Group Share 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 )
=190.166/( (1510.449+1596.652)/ 2 )
=190.166/1553.5505
=0.12

* 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.

Anhui Sentai WPC Group Share Co Total Assets Related Terms

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Anhui Sentai WPC Group Share Co (SZSE:301429) Business Description

Traded in Other Exchanges
N/A
Address
Guohua Road, Guangde Economic Development Zone, Anhui Province, Xuancheng, CHN, 242200
Anhui Sentai WPC Group Share Co Ltd is focused on the research and development and promotion of wood-plastic composite materials and their products. The company's products are mainly used in wood substitution, whole house assembly, prefabricated buildings, automotive interiors and other fields.

Anhui Sentai WPC Group Share Co (SZSE:301429) Headlines

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