Hunan Silver Co (SZSE:002716) Total Assets : ¥5,944 Mil (As of Mar. 2024)

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What is Hunan Silver Co Total Assets?

Hunan Silver Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,944 Mil.

During the past 12 months, Hunan Silver Co's average Total Assets Growth Rate was 48.80% per year. During the past 3 years, the average Total Assets Growth Rate was 9.80% per year. During the past 5 years, the average Total Assets Growth Rate was -18.90% per year. During the past 10 years, the average Total Assets Growth Rate was -1.50% per year.

During the past 13 years, Hunan Silver Co's highest 3-Year average Total Assets Growth Rate was 60.50%. The lowest was -28.10%. And the median was 18.25%.

Total Assets is connected with ROA %. Hunan Silver Co's annualized ROA % for the quarter that ended in Mar. 2024 was 0.37%. Total Assets is also linked to Revenue through Asset Turnover. Hunan Silver Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.31.

Hunan Silver Co Total Assets Historical Data

The historical data trend for Hunan Silver 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.

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Hunan Silver Co Total Assets Chart

Hunan Silver Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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10,133.35

3,649.14

4,156.06

4,112.35

4,186.80

Hunan Silver 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															3,953.58	3,942.84	4,059.23	4,186.80	5,943.75

Hunan Silver 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.

Hunan Silver 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 )
	=	1648.477	+	2538.323
	=	4,187

Hunan Silver 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 )
	=	3125.413	+	2818.335
	=	5,944

Hunan Silver Co (SZSE:002716) Total Assets Explanation

Total Assets is connected with ROA %.

Hunan Silver 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 )
	=	18.816	/	( (4186.8	+	5943.748)	/ 2 )
	=	18.816	/	5065.274
	=	0.37 %

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.

Hunan Silver 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 )
=	1588.403	/	( (4186.8	+	5943.748)	/ 2 )
=	1588.403	/	5065.274
=	0.31

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.

Hunan Silver Co Total Assets Related Terms

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Hunan Silver Co (SZSE:002716) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hunan Silver Co Ltd (SZSE:002716) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 680, Nanling Avenue, Jingui Building, Beihu District, Hunan Province, Chenzhou, CHN

Website

http://www.jingui-silver.com

Chenzhou City Jingui Silver Industry Co Ltd is a Chinese company engaged in the production and operation of silver and deep processing of silver. The company has the silver smelting and deep processing technology through which it produces silver products and other metals. The company offers silver nitrate, tellurium, gold, indium, copper, bismuth, antimony ingot, zinc and lead ingots.

Hunan Silver Co (SZSE:002716) Headlines

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