GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » China Datang Corp Renewable Power Co Ltd (HKSE:01798) » Definitions » Total Assets

China Datang Renewable Power Co (HKSE:01798) Total Assets : HK$111,068 Mil (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is China Datang Renewable Power Co Total Assets?

China Datang Renewable Power Co's Total Assets for the quarter that ended in Dec. 2023 was HK$111,068 Mil.

During the past 12 months, China Datang Renewable Power Co's average Total Assets Growth Rate was 1.40% 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 6.70% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, China Datang Renewable Power Co's highest 3-Year average Total Assets Growth Rate was 35.30%. The lowest was 1.50%. And the median was 4.95%.

Total Assets is connected with ROA %. China Datang Renewable Power Co's annualized ROA % for the quarter that ended in Dec. 2023 was 2.00%. Total Assets is also linked to Revenue through Asset Turnover. China Datang Renewable Power Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.03.


China Datang Renewable Power Co Total Assets Historical Data

The historical data trend for China Datang Renewable Power 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.

China Datang Renewable Power Co Total Assets Chart

China Datang Renewable Power Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89,046.15 106,580.77 121,592.80 108,933.59 111,068.11

China Datang Renewable Power Co Quarterly Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only 108,933.59 107,815.40 106,740.23 111,068.11 -

China Datang Renewable Power 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.

China Datang Renewable Power 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 )
=39330.084+71738.027
=111,068

China Datang Renewable Power Co'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 )
=39330.084+71738.027
=111,068

* 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 Datang Renewable Power Co  (HKSE:01798) Total Assets Explanation

Total Assets is connected with ROA %.

China Datang Renewable Power Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=2182.18/( (106740.234+111068.111)/ 2 )
=2182.18/108904.1725
=2.00 %

Note: The Net Income data used here is four times the quarterly (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 Datang Renewable Power Co's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=3639.675/( (106740.234+111068.111)/ 2 )
=3639.675/108904.1725
=0.03

* 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 Datang Renewable Power Co Total Assets Related Terms

Thank you for viewing the detailed overview of China Datang Renewable Power Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


China Datang Renewable Power Co (HKSE:01798) Business Description

Traded in Other Exchanges
Address
No. 1 Caishikou Street, 8/F, Building 1, Xicheng District, Beijing, CHN, 100053
Datang Renewable is one of China's leading wind power operators, with installed wind capacity of 12.7 gigawatts as of the end of 2022, representing 3.5% of the nationwide wind capacity. About 89.4% of the total installed capacity is wind power. The company also operates solar and gas-fired power plants on a smaller scale. China Datang Group is the major shareholder with a controlling stake of 65.61%.
Executives
Blackrock, Inc. 2201 Interest of corporation controlled by you
Shang Hai Ning Quan Zi Chan Guan Li You Xian Gong Si 2102 Investment manager
Alliancebernstein L.p. 2201 Interest of corporation controlled by you
Bao-trans Enterprises Limited 2101 Beneficial owner
Bao Shan Gang Tie Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

China Datang Renewable Power Co (HKSE:01798) Headlines

No Headlines