Long Yuan Construction Group Co (SHSE:600491) Total Assets : ¥57,174 Mil (As of Mar. 2024)

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What is Long Yuan Construction Group Co Total Assets?

Long Yuan Construction Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥57,174 Mil.

During the past 12 months, Long Yuan Construction Group Co's average Total Assets Growth Rate was -10.30% per year. During the past 3 years, the average Total Assets Growth Rate was -1.70% per year. During the past 5 years, the average Total Assets Growth Rate was 4.00% per year. During the past 10 years, the average Total Assets Growth Rate was 15.80% per year.

During the past 13 years, Long Yuan Construction Group Co's highest 3-Year average Total Assets Growth Rate was 62.60%. The lowest was -1.70%. And the median was 20.55%.

Total Assets is connected with ROA %. Long Yuan Construction Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was -0.03%. Total Assets is also linked to Revenue through Asset Turnover. Long Yuan Construction Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Long Yuan Construction Group Co Total Assets Historical Data

The historical data trend for Long Yuan Construction Group 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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Long Yuan Construction Group Co Total Assets Chart

Long Yuan Construction Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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59,445.28

62,577.11

67,027.80

66,652.06

57,843.84

Long Yuan Construction Group 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															64,108.10	61,669.01	60,859.13	57,843.84	57,174.30

Long Yuan Construction Group 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.

Long Yuan Construction Group 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 )
	=	11930.478	+	45913.364
	=	57,844

Long Yuan Construction Group 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 )
	=	11934.857	+	45239.446
	=	57,174

Long Yuan Construction Group Co (SHSE:600491) Total Assets Explanation

Total Assets is connected with ROA %.

Long Yuan Construction Group 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 )
	=	-14.704	/	( (57843.842	+	57174.303)	/ 2 )
	=	-14.704	/	57509.0725
	=	-0.03 %

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.

Long Yuan Construction Group 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 )
=	2752.182	/	( (57843.842	+	57174.303)	/ 2 )
=	2752.182	/	57509.0725
=	0.05

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.

Long Yuan Construction Group Co Total Assets Related Terms

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Long Yuan Construction Group Co (SHSE:600491) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Long Yuan Construction Group Co Ltd (SHSE:600491) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 768 Yixian Road, Shanghai, Shanghai, CHN, 200434

Website

http://www.lycg.com.cn

Long Yuan Construction Group Co Ltd operates as a construction company in China. It constructs a stadium, housing, university and school, and medical projects, as well as factory, high-rise office, and hotel/commercial buildings; and flyovers, roads, expressways, and bridges.

Executives

Lai Zhen Yuan	Director
Lai Chao Hui	Directors, senior managers
Zhang Li	senior management
Yan Li Qun	senior management
Meng Qing Fu	senior management
Wang De Hua	senior management
Qian Shui Jiang	senior management
Qu Ying	Supervisors
Zhu Rui Liang	senior management

Long Yuan Construction Group Co (SHSE:600491) Headlines

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