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China Conch Environment Protection Holdings (HKSE:00587) Total Assets : HK$10,295 Mil (As of Dec. 2023)


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What is China Conch Environment Protection Holdings Total Assets?

China Conch Environment Protection Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$10,295 Mil.

Warning Sign:

If a company builds assets at 52.6% a year, faster than its revenue growth rate of 35.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, China Conch Environment Protection Holdings's average Total Assets Growth Rate was 8.10% per year. During the past 3 years, the average Total Assets Growth Rate was 25.90% per year. During the past 5 years, the average Total Assets Growth Rate was 52.60% per year.

During the past 6 years, China Conch Environment Protection Holdings's highest 3-Year average Total Assets Growth Rate was 87.40%. The lowest was 25.90%. And the median was 56.10%.

Total Assets is connected with ROA %. China Conch Environment Protection Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 1.40%. Total Assets is also linked to Revenue through Asset Turnover. China Conch Environment Protection Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.10.

China Conch Environment Protection Holdings Total Assets Historical Data

The historical data trend for China Conch Environment Protection Holdings'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.

China Conch Environment Protection Holdings Total Assets Chart

China Conch Environment Protection Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 2,705.62 5,794.53 9,196.02 9,532.91 10,294.94

China Conch Environment Protection Holdings Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only 9,196.02 9,477.02 9,532.91 9,756.29 10,294.94

China Conch Environment Protection Holdings 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.

China Conch Environment Protection Holdings'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 )
=4058.127+6236.813
=10,295

China Conch Environment Protection Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=4058.127+6236.813
=10,295

* 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.

China Conch Environment Protection Holdings  (HKSE:00587) Total Assets Explanation

Total Assets is connected with ROA %.

China Conch Environment Protection Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=140.244/( (9756.292+10294.94)/ 2 )
=140.244/10025.616
=1.40 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

China Conch Environment Protection Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=996.183/( (9756.292+10294.94)/ 2 )
=996.183/10025.616
=0.10

* 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.

China Conch Environment Protection Holdings Total Assets Related Terms

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China Conch Environment Protection Holdings (HKSE:00587) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » China Conch Environment Protection Holdings Ltd (HKSE:00587) » Definitions » Total Assets
Comparable Companies
HKSE:01272 HKSE:03718 HKSE:03989 HKSE:00895 HKSE:01483 HKSE:06805 HKSE:02265 HKSE:01790 HKSE:00154 HKSE:01845 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
No. 1005, South Jiuhua Road, Yijiang District, Anhui Province, Wuhu Conch International Conference Center, Wuhu, CHN, 241070
Website
https://www.conchenviro.com
China Conch Environment Protection Holdings Ltd is an energy conservation and environmental protection enterprise focusing on providing eco-friendly and cost-efficient treatment of industrial solid and hazardous waste in China. It had secured around 100 environmental protection projects in various provinces, municipalities, and regions nationwide. The group has three segments: industrial hazardous waste treatment services, industrial solid waste treatment services and comprehensive resource utilization.
Executives
Wang Jingqian 2103 Interests held jointly with another person
An Hui Hai Luo Shui Ni Gu Fen You Xian Gong Si 2103 Interests held jointly with another person
Wu Hu Hai Chuang Shi Ye You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
An Hui Hai Luo Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Hai Luo Chuang Ye Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Han Zhuhua 2103 Interests held jointly with another person
Zhou Xiaochuan 2103 Interests held jointly with another person
Yan Zi 2103 Interests held jointly with another person
Qi Shengli 2103 Interests held jointly with another person
Ma Wei 2103 Interests held jointly with another person
Liao Dan 2202 Interest of your spouse
Li Xiaobo 2103 Interests held jointly with another person
Li Qunfeng 2103 Interests held jointly with another person
Ji Xian 2103 Interests held jointly with another person
Guo Dan 2103 Interests held jointly with another person

China Conch Environment Protection Holdings (HKSE:00587) Headlines

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