Shenzhen Zhongheng Huafa Co (SZSE:000020) Total Assets : ¥592.7 Mil (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Shenzhen Zhongheng Huafa Co Total Assets?

Shenzhen Zhongheng Huafa Co's Total Assets for the quarter that ended in Mar. 2024 was ¥592.7 Mil.

During the past 12 months, Shenzhen Zhongheng Huafa Co's average Total Assets Growth Rate was -9.00% per year. During the past 3 years, the average Total Assets Growth Rate was -6.70% per year. During the past 5 years, the average Total Assets Growth Rate was -3.70% per year. During the past 10 years, the average Total Assets Growth Rate was -3.70% per year.

During the past 13 years, Shenzhen Zhongheng Huafa Co's highest 3-Year average Total Assets Growth Rate was 29.10%. The lowest was -20.90%. And the median was 0.60%.

Total Assets is connected with ROA %. Shenzhen Zhongheng Huafa Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.70%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Zhongheng Huafa Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.38.

Shenzhen Zhongheng Huafa Co Total Assets Historical Data

The historical data trend for Shenzhen Zhongheng Huafa 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.

Shenzhen Zhongheng Huafa Co Total Assets Chart

Shenzhen Zhongheng Huafa Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

614.16

627.78

659.93

608.82

570.55

Shenzhen Zhongheng Huafa 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															583.28	583.56	609.76	570.55	592.74

Shenzhen Zhongheng Huafa 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.

Shenzhen Zhongheng Huafa 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 )
	=	366.921	+	203.624
	=	570.5

Shenzhen Zhongheng Huafa 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 )
	=	372.306	+	220.434
	=	592.7

Shenzhen Zhongheng Huafa Co (SZSE:000020) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Zhongheng Huafa 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 )
	=	21.54	/	( (570.545	+	592.74)	/ 2 )
	=	21.54	/	581.6425
	=	3.70 %

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 Zhongheng Huafa 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 )
=	219.313	/	( (570.545	+	592.74)	/ 2 )
=	219.313	/	581.6425
=	0.38

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 Zhongheng Huafa Co Total Assets Related Terms

Thank you for viewing the detailed overview of Shenzhen Zhongheng Huafa Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Shenzhen Zhongheng Huafa Co (SZSE:000020) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Shenzhen Zhongheng Huafa Co Ltd (SZSE:000020) » Definitions » Total Assets

Traded in Other Exchanges

200020:China

Address

6th Floor, East Block, 411 Building, Huafa (N) Road, Futian District, Guangdong Province, Shenzhen, CHN, 518031

Website

http://www.hwafa.com.cn

Shenzhen Zhongheng Huafa Co Ltd operates in two business industrial and property management. The industrial business mainly includes injection molding, polylon (light-weight packaging materials), and complete machine production and sales of liquid crystal display, and property management business is mainly the lease of its own property. The company engages in producing and sales of vary color TV set, liquid crystal display, LCD, radio-recorder, sound equipment, electronic watch, electronic game and computers, the printed wiring board, precision injection parts, light packaging material and hardware (including tool and mould) for various electronic products and supporting parts, plating and surface treatment and tin wire, development and operation of real estate and property management.

Executives

Huang Yan Bo	Supervisors
Tang Gan Yu	Executives

Shenzhen Zhongheng Huafa Co (SZSE:000020) Headlines

No Headlines