Shandong Hi-Speed Holdings Group (FRA:HRI) Total Assets : €8,540.6 Mil (As of Dec. 2023)

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What is Shandong Hi-Speed Holdings Group Total Assets?

Shandong Hi-Speed Holdings Group's Total Assets for the quarter that ended in Dec. 2023 was €8,540.6 Mil.

During the past 12 months, Shandong Hi-Speed Holdings Group's average Total Assets Growth Rate was 9.60% per year. During the past 3 years, the average Total Assets Growth Rate was 77.00% per year. During the past 5 years, the average Total Assets Growth Rate was 48.80% per year. During the past 10 years, the average Total Assets Growth Rate was 54.40% per year.

During the past 13 years, Shandong Hi-Speed Holdings Group's highest 3-Year average Total Assets Growth Rate was 99.40%. The lowest was -26.20%. And the median was 28.70%.

Total Assets is connected with ROA %. Shandong Hi-Speed Holdings Group's annualized ROA % for the quarter that ended in Dec. 2023 was 1.24%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Hi-Speed Holdings Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

Shandong Hi-Speed Holdings Group Total Assets Historical Data

The historical data trend for Shandong Hi-Speed Holdings 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.

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Shandong Hi-Speed Holdings Group Total Assets Chart

Shandong Hi-Speed Holdings Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,675.24

2,647.38

2,604.33

8,361.29

8,540.62

Shandong Hi-Speed Holdings Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial															2,604.33	9,359.35	8,361.29	7,873.82	8,540.62

Shandong Hi-Speed Holdings 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.

Shandong Hi-Speed Holdings Group'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 )
	=	2218.271	+	6322.353
	=	8,540.6

Shandong Hi-Speed Holdings Group'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 )
	=	2218.271	+	6322.353
	=	8,540.6

Shandong Hi-Speed Holdings Group (FRA:HRI) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Hi-Speed Holdings Group'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 )
	=	101.85	/	( (7873.82	+	8540.624)	/ 2 )
	=	101.85	/	8207.222
	=	1.24 %

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.

Shandong Hi-Speed Holdings Group'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 )
=	288.239	/	( (7873.82	+	8540.624)	/ 2 )
=	288.239	/	8207.222
=	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.

Shandong Hi-Speed Holdings Group Total Assets Related Terms

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Shandong Hi-Speed Holdings Group (FRA:HRI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shandong Hi-Speed Holdings Group Ltd (FRA:HRI) » Definitions » Total Assets

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00412:Hong Kong

Address

No. 50 Connaught Road Central, 17th Floor, Agricultural Bank of China Tower, Hong Kong, HKG

Website

https://www.csfg.com.hk

Shandong Hi-Speed Holdings Group Ltd is an investment holding company & its segments include Industrial investment segment in operations of industrial investment-related business; Standard investment segment in trading of listed securities & listed bonds for interest income & capital appreciation; Non-standard investment segment in direct investment business, investments in debts instruments, unlisted bonds & investment funds; Licensed financial services segment in provision of money lending services, securities brokerage services, asset management services & asset trading platform; & Financial technology segment in online investment & technology-enabled lending services & online new media services. The majority is from the Industrial Investment segment & key revenue is from PRC.