Haier Smart Home Co (XTER:690D) Total Assets : €32,614 Mil (As of Sep. 2024)

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What is Haier Smart Home Co Total Assets?

Haier Smart Home Co's Total Assets for the quarter that ended in Sep. 2024 was €32,614 Mil.

During the past 12 months, Haier Smart Home Co's average Total Assets Growth Rate was 7.70% per year. During the past 3 years, the average Total Assets Growth Rate was 8.50% per year. During the past 5 years, the average Total Assets Growth Rate was 8.40% per year. During the past 10 years, the average Total Assets Growth Rate was 17.30% per year.

During the past 13 years, Haier Smart Home Co's highest 3-Year average Total Assets Growth Rate was 59.30%. The lowest was -3.20%. And the median was 23.10%.

Total Assets is connected with ROA %. Haier Smart Home Co's annualized ROA % for the quarter that ended in Sep. 2024 was 7.29%. Total Assets is also linked to Revenue through Asset Turnover. Haier Smart Home Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.26.

Haier Smart Home Co Total Assets Historical Data

The historical data trend for Haier Smart Home 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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Haier Smart Home Co Total Assets Chart

Haier Smart Home Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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24,054.18

25,580.03

30,254.64

31,957.89

32,541.01

Haier Smart Home Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial															31,570.77	32,541.01	32,941.64	33,582.56	32,614.01

Haier Smart Home 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.

Haier Smart Home 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 )
	=	13602.01	+	18939.002
	=	32,541

Haier Smart Home Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2024 )	+	Total Liabilities (Q: Sep. 2024 )
	=	14281.558	+	18332.453
	=	32,614

Haier Smart Home Co (XTER:690D) Total Assets Explanation

Total Assets is connected with ROA %.

Haier Smart Home Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %	=	Net Income (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
	=	2411.272	/	( (33582.561	+	32614.011)	/ 2 )
	=	2411.272	/	33098.286
	=	7.29 %

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

Haier Smart Home Co's Asset Turnover for the quarter that ended in Sep. 2024 is

	Asset Turnover
=	Revenue (Q: Sep. 2024 )	/	( (Total Assets (Q: Jun. 2024 )	+	Total Assets (Q: Sep. 2024 ))	/ count )
=	8575.626	/	( (33582.561	+	32614.011)	/ 2 )
=	8575.626	/	33098.286
=	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.

Haier Smart Home Co Total Assets Related Terms

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Haier Smart Home Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Haier Smart Home Co Ltd (XTER:690D) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

HSHCY:USA HRSHF:USA QIHCF:USA 06690:Hong Kong 690Dd:UK 690E:Germany 690D:Germany 690D:Germany 600690:China

Address

Haier Industrial Park, Laoshan District, Shandong Province, Qingdao, CHN, 266101

Website

https://smart-home.haier.com/cn

Haier Smart Home is one of the largest household appliance manufacturers globally, with key products spanning refrigerators, washing machines, kitchen appliances, air conditioners, and water solutions. It has been consistently among the top three in China by retail sales in most home appliance categories. The company has also established a footprint in distribution channel services and commercial refrigeration business. Haier generates around 50% of sales outside China. As of December 2023, Haier Group and its subsidiaries are the largest shareholders of Haier Smart Home with around 29% equity interest in aggregate.

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