Ningbo Bohui Chemical Technology Co (SZSE:300839) Total Assets : ¥2,622 Mil (As of Mar. 2024)

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What is Ningbo Bohui Chemical Technology Co Total Assets?

Ningbo Bohui Chemical Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,622 Mil.

During the past 12 months, Ningbo Bohui Chemical Technology Co's average Total Assets Growth Rate was 11.40% per year. During the past 3 years, the average Total Assets Growth Rate was 3.70% per year. During the past 5 years, the average Total Assets Growth Rate was 24.60% per year. During the past 10 years, the average Total Assets Growth Rate was 45.00% per year.

During the past 12 years, Ningbo Bohui Chemical Technology Co's highest 3-Year average Total Assets Growth Rate was 64.70%. The lowest was 3.70%. And the median was 48.70%.

Total Assets is connected with ROA %. Ningbo Bohui Chemical Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was -16.80%. Total Assets is also linked to Revenue through Asset Turnover. Ningbo Bohui Chemical Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.

Ningbo Bohui Chemical Technology Co Total Assets Historical Data

The historical data trend for Ningbo Bohui Chemical Technology 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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Ningbo Bohui Chemical Technology Co Total Assets Chart

Ningbo Bohui Chemical Technology Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,106.10

1,471.44

1,711.37

2,270.48

2,111.20

Ningbo Bohui Chemical Technology 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															2,172.28	2,543.55	2,666.12	2,111.20	2,622.32

Ningbo Bohui Chemical Technology 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.

Ningbo Bohui Chemical Technology 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 )
	=	728.853	+	1382.346
	=	2,111

Ningbo Bohui Chemical Technology 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 )
	=	662.04	+	1960.281
	=	2,622

Ningbo Bohui Chemical Technology Co (SZSE:300839) Total Assets Explanation

Total Assets is connected with ROA %.

Ningbo Bohui Chemical Technology 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 )
	=	-397.708	/	( (2111.199	+	2622.321)	/ 2 )
	=	-397.708	/	2366.76
	=	-16.80 %

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.

Ningbo Bohui Chemical Technology 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 )
=	792.538	/	( (2111.199	+	2622.321)	/ 2 )
=	792.538	/	2366.76
=	0.33

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.

Ningbo Bohui Chemical Technology Co Total Assets Related Terms

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Ningbo Bohui Chemical Technology Co (SZSE:300839) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ningbo Bohui Chemical Technology Co Ltd (SZSE:300839) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.199 Taixing Road, Petrochemical Economic and Technological Development Zone, Zhejiang Province, Ningbo, CHN, 315207

Website

http://www.bhpcc.com

Ningbo Bohui Chemical Technology Co Ltd is engaged in research, development, production and sales of heavy aromatic hydrocarbon series products and light fuel oil. The company uses extraction technology and uses fuel oil as a raw material for deep processing, extending the industrial chain, increasing the added value of fuel oil, and turning it into waste. It produces and sells aromatic hydrocarbon series products such as rubber additives, plastic additives, asphalt additives, lubricant additives, and light fuel oil. Its application scope of products mainly covers the fields of rubber processing, asphalt processing and lubricating oil processing.

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