China Conch Venture Holdings (China Conch Venture Holdings) Total Assets : $11,269 Mil (As of Dec. 2023)

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What is China Conch Venture Holdings Total Assets?

China Conch Venture Holdings's Total Assets for the quarter that ended in Dec. 2023 was $11,269 Mil.

During the past 12 months, China Conch Venture Holdings's average Total Assets Growth Rate was 7.60% per year. During the past 3 years, the average Total Assets Growth Rate was 12.10% per year. During the past 5 years, the average Total Assets Growth Rate was 21.70% per year. During the past 10 years, the average Total Assets Growth Rate was 21.20% per year.

During the past 12 years, China Conch Venture Holdings's highest 3-Year average Total Assets Growth Rate was 35.20%. The lowest was 8.90%. And the median was 18.50%.

Total Assets is connected with ROA %. China Conch Venture Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 1.57%. Total Assets is also linked to Revenue through Asset Turnover. China Conch Venture Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

China Conch Venture Holdings Total Assets Historical Data

The historical data trend for China Conch Venture Holdings'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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China Conch Venture Holdings Total Assets Chart

China Conch Venture Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,012.74

8,307.86

10,820.51

10,812.27

11,268.65

China Conch Venture Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															10,820.51	10,786.07	10,812.27	11,719.93	11,268.65

China Conch Venture Holdings 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.

China Conch Venture Holdings'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 )
	=	6687.868	+	4580.777
	=	11,269

China Conch Venture Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	6687.868	+	4580.777
	=	11,269

China Conch Venture Holdings (OTCPK:CCVTF) Total Assets Explanation

Total Assets is connected with ROA %.

China Conch Venture Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	180.874	/	( (11719.926	+	11268.645)	/ 2 )
	=	180.874	/	11494.2855
	=	1.57 %

Note: The Net Income data used here is two times the semi-annual (Dec. 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.

China Conch Venture Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	501.06	/	( (11719.926	+	11268.645)	/ 2 )
=	501.06	/	11494.2855
=	0.04

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.

China Conch Venture Holdings Total Assets Related Terms

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China Conch Venture Holdings (China Conch Venture Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » China Conch Venture Holdings Ltd (OTCPK:CCVTF) » Definitions » Total Assets

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Traded in Other Exchanges

00586:Hong Kong 68C:Germany

Address

1011 Jiuhua South Road, Anhui Province, Wuhu, CHN, 241070

Website

http://www.conchventure.com

China Conch Venture Holdings Ltd is a Hong Kong-based investment holding company engaged in the provision of environmental and energy-saving and environmental protection. The principal activities of the group are environmental protection sector, new energy, new building materials and port logistics. The group focuses on the development of the grate furnace power generation and new energy sectors. Its segment comprises of Waste-to-energy projects, port logistics services, New building materials, Investments, New energy material and solid waste solutions. Majority of revenue is generated from Waste-to-energy projects segment. Waste-to-energy projects segment includes waste incineration solutions, manufacturing and sales of residual heat power generation, vertical mills and related services.