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Zhongtian Construction (Hunan) Group (HKSE:02433) Total Assets : HK$2,090 Mil (As of Jun. 2023)


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What is Zhongtian Construction (Hunan) Group Total Assets?

Zhongtian Construction (Hunan) Group's Total Assets for the quarter that ended in Jun. 2023 was HK$2,090 Mil.

During the past 12 months, Zhongtian Construction (Hunan) Group's average Total Assets Growth Rate was -8.50% per year. During the past 3 years, the average Total Assets Growth Rate was -3.20% per year.

During the past 5 years, Zhongtian Construction (Hunan) Group's highest 3-Year average Total Assets Growth Rate was -3.20%. The lowest was -3.20%. And the median was -3.20%.

Total Assets is connected with ROA %. Zhongtian Construction (Hunan) Group's annualized ROA % for the quarter that ended in Jun. 2023 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Zhongtian Construction (Hunan) Group's Asset Turnover for the quarter that ended in Jun. 2023 was 0.00.

Zhongtian Construction (Hunan) Group Total Assets Historical Data

The historical data trend for Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group Total Assets Chart

Zhongtian Construction (Hunan) Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
2,076.51 2,334.58 2,306.47 1,974.06 2,228.21

Zhongtian Construction (Hunan) Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only - 2,030.12 1,974.06 2,090.00 2,228.21

Zhongtian Construction (Hunan) 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.

Zhongtian Construction (Hunan) Group's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets=Total Equity (A: Dec. 2022 )+Total Liabilities (A: Dec. 2022 )
=401.717+1572.347
=1,974

Zhongtian Construction (Hunan) Group's Total Assets for the quarter that ended in Jun. 2023 is calculated as

Total Assets=Total Equity (Q: Jun. 2023 )+Total Liabilities (Q: Jun. 2023 )
=530.497+1559.499
=2,090

* 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.

Zhongtian Construction (Hunan) Group  (HKSE:02433) Total Assets Explanation

Total Assets is connected with ROA %.

Zhongtian Construction (Hunan) Group's annualized ROA % for the quarter that ended in Jun. 2023 is

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (1974.064+2089.996)/ 2 )
=0/2032.03
=0.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2023) 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.

Zhongtian Construction (Hunan) Group's Asset Turnover for the quarter that ended in Jun. 2023 is

Asset Turnover
=Revenue (Q: Jun. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Jun. 2023 ))/ count )
=0/( (1974.064+2089.996)/ 2 )
=0/2032.03
=0.00

* 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.

Zhongtian Construction (Hunan) Group Total Assets Related Terms

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Zhongtian Construction (Hunan) Group (HKSE:02433) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhongtian Construction (Hunan) Group Ltd (HKSE:02433) » Definitions » Total Assets
Comparable Companies
HKSE:02266 HKSE:03789 HKSE:06182 HKSE:08445 HKSE:02262 HKSE:01751 HKSE:01637 HKSE:01546 HKSE:06829 HKSE:01500 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XPAR:EN
Traded in Other Exchanges
N/A
Address
No. 1197, East Xinhua Road, Hetang District, Hunan Province, Zhuzhou, CHN, 412008
Website
http://www.ztcon.com
Zhongtian Construction (Hunan) Group Ltd is engaged in general contracting construction in the PRC.
Executives
Zt (a) Limited 2101 Beneficial owner
Zt (m) Limited 2101 Beneficial owner

Zhongtian Construction (Hunan) Group (HKSE:02433) Headlines

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