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Henan Shuanghui Investment & Development Co (SZSE:000895) Total Assets : ¥41,396 Mil (As of Mar. 2024)


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What is Henan Shuanghui Investment & Development Co Total Assets?

Henan Shuanghui Investment & Development Co's Total Assets for the quarter that ended in Mar. 2024 was ¥41,396 Mil.

During the past 12 months, Henan Shuanghui Investment & Development Co's average Total Assets Growth Rate was 1.70% per year. During the past 3 years, the average Total Assets Growth Rate was 17.10% per year. During the past 5 years, the average Total Assets Growth Rate was 12.60% per year. During the past 10 years, the average Total Assets Growth Rate was 6.10% per year.

During the past 13 years, Henan Shuanghui Investment & Development Co's highest 3-Year average Total Assets Growth Rate was 63.20%. The lowest was -4.40%. And the median was 10.75%.

Total Assets is connected with ROA %. Henan Shuanghui Investment & Development Co's annualized ROA % for the quarter that ended in Mar. 2024 was 13.03%. Total Assets is also linked to Revenue through Asset Turnover. Henan Shuanghui Investment & Development Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.37.


Henan Shuanghui Investment & Development Co Total Assets Historical Data

The historical data trend for Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development Co Total Assets Chart

Henan Shuanghui Investment & Development 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 28,633.34 34,890.58 33,977.36 36,411.98 36,675.37

Henan Shuanghui Investment & Development 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 42,856.32 36,843.09 41,834.08 36,675.37 41,395.82

Henan Shuanghui Investment & Development 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.

Henan Shuanghui Investment & Development 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 )
=21146.287+15529.084
=36,675

Henan Shuanghui Investment & Development 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 )
=22433.272+18962.546
=41,396

* 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.


Henan Shuanghui Investment & Development Co  (SZSE:000895) Total Assets Explanation

Total Assets is connected with ROA %.

Henan Shuanghui Investment & Development 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 )
=5086.86/( (36675.37+41395.818)/ 2 )
=5086.86/39035.594
=13.03 %

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.

Henan Shuanghui Investment & Development 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 )
=14307.929/( (36675.37+41395.818)/ 2 )
=14307.929/39035.594
=0.37

* 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.

Henan Shuanghui Investment & Development Co Total Assets Related Terms

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Henan Shuanghui Investment & Development Co (SZSE:000895) Business Description

Traded in Other Exchanges
N/A
Address
No. 1 Shuanghui Road, Shuanghui Tower, Henan Province, Luohe, CHN, 462000
Henan Shuanghui Investment & Development Co Ltd is a China-based meat processing company. It is principally engaged in the business of slaughtering, meat food, and food processing, packaging, processing of egg products and aquatic products.
Executives
Li Kai Executives
Hu Yu Hong Supervisors
Wang Hao Jie Executives
Yang Dong Sheng Independent director
Wan Long Director
Liu Jin Tao Executives
Wen Guo Shan Executives
You Zhao Sheng Executives
Liu Song Tao Executives
Hu Yun Gong Supervisors
You Mu Executives
Qi Yong Yao Secretary Dong
Ma Xiang Jie Executives
Zhang Tai Xi Directors, executives
Qiao Hai Li Executives

Henan Shuanghui Investment & Development Co (SZSE:000895) Headlines

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