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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Total Assets : ¥4,135 Mil (As of Mar. 2024)


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What is Hefei Metalforming Intelligent Manufacturing Co Total Assets?

Hefei Metalforming Intelligent Manufacturing Co's Total Assets for the quarter that ended in Mar. 2024 was ¥4,135 Mil.

During the past 12 months, Hefei Metalforming Intelligent Manufacturing Co's average Total Assets Growth Rate was 5.90% per year. During the past 3 years, the average Total Assets Growth Rate was 15.60% per year. During the past 5 years, the average Total Assets Growth Rate was 13.60% per year. During the past 10 years, the average Total Assets Growth Rate was 16.30% per year.

During the past 13 years, Hefei Metalforming Intelligent Manufacturing Co's highest 3-Year average Total Assets Growth Rate was 34.70%. The lowest was 3.00%. And the median was 13.85%.

Total Assets is connected with ROA %. Hefei Metalforming Intelligent Manufacturing Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.52%. Total Assets is also linked to Revenue through Asset Turnover. Hefei Metalforming Intelligent Manufacturing Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Hefei Metalforming Intelligent Manufacturing Co Total Assets Historical Data

The historical data trend for Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing Co Total Assets Chart

Hefei Metalforming Intelligent Manufacturing 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 2,512.09 2,661.69 3,105.22 4,000.13 4,318.65

Hefei Metalforming Intelligent Manufacturing 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 4,045.28 4,044.74 4,164.59 4,318.65 4,135.09

Hefei Metalforming Intelligent Manufacturing 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.

Hefei Metalforming Intelligent Manufacturing 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 )
=2219.907+2098.747
=4,319

Hefei Metalforming Intelligent Manufacturing 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 )
=2227.32+1907.764
=4,135

* 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.

Hefei Metalforming Intelligent Manufacturing Co  (SHSE:603011) Total Assets Explanation

Total Assets is connected with ROA %.

Hefei Metalforming Intelligent Manufacturing 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 )
=21.828/( (4318.653+4135.085)/ 2 )
=21.828/4226.869
=0.52 %

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.

Hefei Metalforming Intelligent Manufacturing 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 )
=317.074/( (4318.653+4135.085)/ 2 )
=317.074/4226.869
=0.08

* 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.

Hefei Metalforming Intelligent Manufacturing Co Total Assets Related Terms

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Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Hefei Metalforming Intelligent Manufacturing Co Ltd (SHSE:603011) » Definitions » Total Assets
Comparable Companies
SZSE:301320 SHSE:603015 SHSE:688633 SHSE:603088 SZSE:000880 SZSE:002877 SZSE:301137 SZSE:002196 SZSE:300105 SZSE:300553 GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
Hefei Economic and Technological Development Zone, Ziyun Road 123, Hefei, CHN
Website
http://www.hfpress.com
Hefei Metalforming Intelligent Manufacturing Co Ltd is engaged in the manufacturing of hydraulic press, mechanical press and other intelligent forming equipment and industrial automation equipment. The company's products and services offerings include Precision drop forging hydraulic press, Pipe straightening machine, Elbow forging hydraulic press, Door plank automatic production line, Internal high pressure forming equipment and others. It provides its solutions to Metal forming field, a Non-metal material forming, Vessal field, Aerospace field, Automobile manufacturing field, Light industry and home, Petrochemical pipe fittings field, Rail transportation field, and others.
Executives
Zhang Lan Jun senior management
Wang Yu Shan senior management
Zhang An Ping Director
Li Gui Shan senior management
Han Xiao Feng Director
Wang Xiao Feng Director
Sun Ge senior management
Wang Lei Director
Li Hui senior management
Shi Jian Wei senior management
Yan Jian Wen Director

Hefei Metalforming Intelligent Manufacturing Co (SHSE:603011) Headlines

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