China Zenith Chemical Group (HKSE:00362) Total Assets : HK$677.12 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is China Zenith Chemical Group Total Assets?

China Zenith Chemical Group's Total Assets for the quarter that ended in Dec. 2023 was HK$677.12 Mil.

During the past 12 months, China Zenith Chemical Group's average Total Assets Growth Rate was -36.70% per year. During the past 3 years, the average Total Assets Growth Rate was -29.80% per year. During the past 5 years, the average Total Assets Growth Rate was -23.60% per year. During the past 10 years, the average Total Assets Growth Rate was -13.80% per year.

During the past 13 years, China Zenith Chemical Group's highest 3-Year average Total Assets Growth Rate was 72.70%. The lowest was -29.80%. And the median was -3.90%.

Total Assets is connected with ROA %. China Zenith Chemical Group's annualized ROA % for the quarter that ended in Dec. 2023 was -25.19%. Total Assets is also linked to Revenue through Asset Turnover. China Zenith Chemical Group's Asset Turnover for the quarter that ended in Dec. 2023 was 0.04.

China Zenith Chemical Group Total Assets Historical Data

The historical data trend for China Zenith Chemical 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.

China Zenith Chemical Group Total Assets Chart

China Zenith Chemical Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Assets

Get a 7-Day Free Trial

2,182.93

1,930.98

2,071.35

1,238.25

666.63

China Zenith Chemical Group 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															2,092.22	1,238.25	1,070.56	666.63	677.12

China Zenith Chemical 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.

China Zenith Chemical Group's Total Assets for the fiscal year that ended in Jun. 2023 is calculated as

Total Assets	=	Total Equity (A: Jun. 2023 )	+	Total Liabilities (A: Jun. 2023 )
	=	-947.719	+	1614.348
	=	666.63

China Zenith Chemical 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 )
	=	-1010.51	+	1687.626
	=	677.12

China Zenith Chemical Group (HKSE:00362) Total Assets Explanation

Total Assets is connected with ROA %.

China Zenith Chemical 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 )
	=	-169.228	/	( (666.629	+	677.116)	/ 2 )
	=	-169.228	/	671.8725
	=	-25.19 %

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 Zenith Chemical 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 )
=	24.733	/	( (666.629	+	677.116)	/ 2 )
=	24.733	/	671.8725
=	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 Zenith Chemical Group Total Assets Related Terms

Thank you for viewing the detailed overview of China Zenith Chemical Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

China Zenith Chemical Group (HKSE:00362) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Zenith Chemical Group Ltd (HKSE:00362) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

26 Harbour Road, Room 4007, 40th Floor, China Resources Building, Wanchai, Hong Kong, HKG

Website

http://www.chinazenith.com.hk

China Zenith Chemical Group Ltd is an investment holding company which is engaged in the generation and supply of heat and power. The company's operating segments are Heat and power, Chemical products for agriculture, Calcium carbide, and Construction services. It generates maximum revenue from the Calcium carbide segment. The Calcium carbide segment is engaged in manufacture and sale of calcium carbide and lime powder. Geographically, it derives revenue from the People's Republic of China.

Executives

Cheung Hung	2101 Beneficial owner
Zhong Kuang Lian He Kong Gu Ji Tuan You Xian Gong Si	2101 Beneficial owner
Chiau Che Kong	2101 Beneficial owner
Tang Yiduan	2101 Beneficial owner
Chin Chun Hin	2101 Beneficial owner
Chan Yuen Tung	2101 Beneficial owner
Cheng Ka Kui Arnold	2101 Beneficial owner
Cha Jung Hoon	2101 Beneficial owner
Sze Ching Lau

China Zenith Chemical Group (HKSE:00362) Headlines

No Headlines