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Dongfeng Automobile Co (SHSE:600006) Total Assets : ¥19,475 Mil (As of Mar. 2024)


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What is Dongfeng Automobile Co Total Assets?

Dongfeng Automobile Co's Total Assets for the quarter that ended in Mar. 2024 was ¥19,475 Mil.

During the past 12 months, Dongfeng Automobile Co's average Total Assets Growth Rate was 14.10% per year. During the past 3 years, the average Total Assets Growth Rate was -5.20% 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 -3.20% per year.

During the past 13 years, Dongfeng Automobile Co's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was -10.20%. And the median was 7.40%.

Total Assets is connected with ROA %. Dongfeng Automobile Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.90%. Total Assets is also linked to Revenue through Asset Turnover. Dongfeng Automobile Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.17.


Dongfeng Automobile Co Total Assets Historical Data

The historical data trend for Dongfeng Automobile 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.

Dongfeng Automobile Co Total Assets Chart

Dongfeng Automobile 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 19,000.62 20,163.00 19,881.65 17,686.08 19,171.89

Dongfeng Automobile Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only 18,042.19 17,673.80 18,491.37 19,171.89 19,475.44

Dongfeng Automobile 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.

Dongfeng Automobile 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 )
=8598.028+10573.858
=19,172

Dongfeng Automobile 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 )
=8738.261+10737.18
=19,475

* 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.


Dongfeng Automobile Co  (SHSE:600006) Total Assets Explanation

Total Assets is connected with ROA %.

Dongfeng Automobile 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 )
=560.464/( (19171.886+19475.442)/ 2 )
=560.464/19323.664
=2.90 %

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.

Dongfeng Automobile 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 )
=3286.488/( (19171.886+19475.442)/ 2 )
=3286.488/19323.664
=0.17

* 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.

Dongfeng Automobile Co Total Assets Related Terms

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Dongfeng Automobile Co (SHSE:600006) Business Description

Traded in Other Exchanges
N/A
Address
No. 136 Chuangye Road, Hanyang Economic and Technology Development Zone, Wuhan, Hubei, CHN, 430056
Dongfeng Automobile Co Ltd is engaged in the manufacture and distribution of automobile engines and parts, castings, machinery and auto repairs in China.
Executives
Li Jun Zhi Directors, senior managers
Li Zheng Rong senior management
Ke Gang senior management
Zhang Bin senior management
Liu Yao Ping Supervisors
Zhou Xiao Fu senior management
Chen Bin Director

Dongfeng Automobile Co (SHSE:600006) Headlines

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