Xiamen Itg Group (SHSE:600755) Total Assets : ¥147,818 Mil (As of Mar. 2024)

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What is Xiamen Itg Group Total Assets?

Xiamen Itg Group's Total Assets for the quarter that ended in Mar. 2024 was ¥147,818 Mil.

During the past 12 months, Xiamen Itg Group's average Total Assets Growth Rate was -2.20% per year. During the past 3 years, the average Total Assets Growth Rate was -0.10% per year. During the past 5 years, the average Total Assets Growth Rate was 6.30% per year. During the past 10 years, the average Total Assets Growth Rate was 14.50% per year.

During the past 13 years, Xiamen Itg Group's highest 3-Year average Total Assets Growth Rate was 47.60%. The lowest was -4.20%. And the median was 20.30%.

Total Assets is connected with ROA %. Xiamen Itg Group's annualized ROA % for the quarter that ended in Mar. 2024 was 1.26%. Total Assets is also linked to Revenue through Asset Turnover. Xiamen Itg Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.74.

Xiamen Itg Group Total Assets Historical Data

The historical data trend for Xiamen Itg Group'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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Xiamen Itg Group Total Assets Chart

Xiamen Itg Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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89,551.36

113,535.57

97,745.76

112,982.33

113,126.80

Xiamen Itg Group 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															145,192.91	131,743.57	135,395.60	113,126.80	147,818.36

Xiamen Itg Group 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.

Xiamen Itg Group'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 )
	=	38623.917	+	74502.883
	=	113,127

Xiamen Itg Group'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 )
	=	41444.911	+	106373.443
	=	147,818

Xiamen Itg Group (SHSE:600755) Total Assets Explanation

Total Assets is connected with ROA %.

Xiamen Itg Group'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 )
	=	1641.46	/	( (113126.799	+	147818.355)	/ 2 )
	=	1641.46	/	130472.577
	=	1.26 %

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.

Xiamen Itg Group'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 )
=	96879.845	/	( (113126.799	+	147818.355)	/ 2 )
=	96879.845	/	130472.577
=	0.74

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.

Xiamen Itg Group Total Assets Related Terms

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Xiamen Itg Group (SHSE:600755) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Xiamen Itg Group Corp Ltd (SHSE:600755) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hubin South Road, 8-18th International Trade Building, Fujian, Xiamen, CHN, 361004

Website

http://www.itg.com.cn

Xiamen Itg Group Corp Ltd is engaged in trading a variety of commodities like iron ores, other minerals, coal, steel, paper, textile, chemical products, farm produce, ships, tire, wood, and many others. It is also engaged in the real estate sector.

Executives

Cai Ying Bin	senior management
Fan Dan	senior management
Gao Shao Yong	Director
Wu Yun Xuan	Directors, senior managers
Zhu Da Xin	senior management
Wang Yong Qing	senior management
Yu Li Jie	senior management
Wang Xiao Feng	senior management
Ceng Yuan	senior management
Lu Zheng Jian	senior management
Xu Xiao Xi	Director
Bo Shu Ya	senior management
Xu Qiu Qin	Supervisors
Lin Chen Liang	Director

Xiamen Itg Group (SHSE:600755) Headlines

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