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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Total Assets : ¥16,889 Mil (As of Mar. 2024)


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What is Shenzhen Properties & Resources Development (Group) Total Assets?

Shenzhen Properties & Resources Development (Group)'s Total Assets for the quarter that ended in Mar. 2024 was ¥16,889 Mil.

During the past 12 months, Shenzhen Properties & Resources Development (Group)'s average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 21.00% per year. During the past 5 years, the average Total Assets Growth Rate was 33.00% per year. During the past 10 years, the average Total Assets Growth Rate was 20.40% per year.

During the past 13 years, Shenzhen Properties & Resources Development (Group)'s highest 3-Year average Total Assets Growth Rate was 59.10%. The lowest was -16.90%. And the median was 2.90%.

Total Assets is connected with ROA %. Shenzhen Properties & Resources Development (Group)'s annualized ROA % for the quarter that ended in Mar. 2024 was 0.01%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Properties & Resources Development (Group)'s Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Shenzhen Properties & Resources Development (Group) Total Assets Historical Data

The historical data trend for Shenzhen Properties & Resources Development (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.

* Premium members only.

Shenzhen Properties & Resources Development (Group) Total Assets Chart

Shenzhen Properties & Resources Development (Group) 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 10,772.49 12,246.57 14,835.85 15,824.79 16,988.06

Shenzhen Properties & Resources Development (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 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 15,779.47 15,499.54 15,583.45 16,988.06 16,889.16

Shenzhen Properties & Resources Development (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.

Shenzhen Properties & Resources Development (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 )
=4703.725+12284.337
=16,988

Shenzhen Properties & Resources Development (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 )
=4699.648+12189.513
=16,889

* 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.

Shenzhen Properties & Resources Development (Group)  (SZSE:000011) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Properties & Resources Development (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 )
=1.856/( (16988.062+16889.161)/ 2 )
=1.856/16938.6115
=0.01 %

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.

Shenzhen Properties & Resources Development (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 )
=406.582/( (16988.062+16889.161)/ 2 )
=406.582/16938.6115
=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.

Shenzhen Properties & Resources Development (Group) Total Assets Related Terms

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Shenzhen Properties & Resources Development (Group) (SZSE:000011) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shenzhen Properties & Resources Development (Group) Ltd (SZSE:000011) » Definitions » Total Assets
Comparable Companies
SZSE:002208 SHSE:600340 SHSE:600708 SZSE:000036 SZSE:000797 SHSE:601588 SZSE:000006 SZSE:002016 SZSE:000897 SHSE:600736 HKSE:00016 HKSE:01109 BOM:532868 HKSE:00688 DFM:EMAAR SHSE:600048 TSE:1925 BOM:543287 HKSE:01113 SZSE:000002
Traded in Other Exchanges
200011:China
Address
Renmin South Road, 39 Floor and 42 Floor, International Trade Center, Guangdong Province, Luohu District, Shenzhen, CHN, 518014
Website
http://www.szwuye.com.cn
Shenzhen Properties & Resources Development (Group) Ltd is engaged in real estate development property management and housing asset operation as the basic business, with catering service, warehousing business and supervision business. It develops the residence, the hi-end apartment and the office building. It also provides house leasing, catering service, warehousing service, and supervision service. The company operates in three segments namely Real estate, Property management, and Catering service. Majority of the revenue is derived from the Real estate segment.
Executives
Li Zi Peng Executives
Chen Yu Gang Director
Wang Hang Jun Executives
Wen Li Director
Liu Jia Ke Supervisors

Shenzhen Properties & Resources Development (Group) (SZSE:000011) Headlines

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