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Sunny Loan Top Co (SHSE:600830) Total Assets : ¥4,530.2 Mil (As of Mar. 2024)


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What is Sunny Loan Top Co Total Assets?

Sunny Loan Top Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,530.2 Mil.

During the past 12 months, Sunny Loan Top Co's average Total Assets Growth Rate was 74.90% per year. During the past 3 years, the average Total Assets Growth Rate was 15.20% per year. During the past 5 years, the average Total Assets Growth Rate was 10.40% per year. During the past 10 years, the average Total Assets Growth Rate was 1.60% per year.

During the past 13 years, Sunny Loan Top Co's highest 3-Year average Total Assets Growth Rate was 32.90%. The lowest was -13.40%. And the median was 11.60%.

Total Assets is connected with ROA %. Sunny Loan Top Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.00%. Total Assets is also linked to Revenue through Asset Turnover. Sunny Loan Top Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.


Sunny Loan Top Co Total Assets Historical Data

The historical data trend for Sunny Loan Top 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.

Sunny Loan Top Co Total Assets Chart

Sunny Loan Top 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 2,944.26 2,989.74 3,518.06 3,586.31 3,941.04

Sunny Loan Top 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 3,313.01 3,424.75 3,620.46 3,941.04 4,530.24

Sunny Loan Top 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.

Sunny Loan Top 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 )
=2776.207+1164.833
=3,941.0

Sunny Loan Top 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 )
=2810.185+1720.055
=4,530.2

* 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.


Sunny Loan Top Co  (SHSE:600830) Total Assets Explanation

Total Assets is connected with ROA %.

Sunny Loan Top 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 )
=84.82/( (3941.04+4530.241)/ 2 )
=84.82/4235.6405
=2.00 %

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.

Sunny Loan Top 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 )
=93.478/( (3941.04+4530.241)/ 2 )
=93.478/4235.6405
=0.02

* 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.

Sunny Loan Top Co Total Assets Related Terms

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Sunny Loan Top Co (SHSE:600830) Business Description

Traded in Other Exchanges
N/A
Address
No. 48 Lane 130, Kaiming Street, Ningbo, Zhejiang, CHN, 315000
Sunny Loan Top Co Ltd is a China-based company engaged in the commodities distribution and pawn businesses, provision of guaranty and leasing services, entrusted loan services, as well as commercial trading and property development businesses.
Executives
Bao Zhan Wei Supervisors
Shen Cheng De senior management
Chen Zhi Hua senior management
Lin Wei Qing senior management
Liu Zheng Xian Supervisors
Zhang Xiao Feng senior management
Zheng Wei Xiong Director
Chen Ji Lun Director

Sunny Loan Top Co (SHSE:600830) Headlines

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