Cherish Sunshine International (HKSE:01094) Total Assets : HK$604.8 Mil (As of Sep. 2023)

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What is Cherish Sunshine International Total Assets?

Cherish Sunshine International's Total Assets for the quarter that ended in Sep. 2023 was HK$604.8 Mil.

During the past 12 months, Cherish Sunshine International's average Total Assets Growth Rate was 85.50% per year. During the past 3 years, the average Total Assets Growth Rate was 19.60% per year. During the past 5 years, the average Total Assets Growth Rate was 11.10% per year. During the past 10 years, the average Total Assets Growth Rate was -13.20% per year.

During the past 13 years, Cherish Sunshine International's highest 3-Year average Total Assets Growth Rate was 220.50%. The lowest was -39.30%. And the median was -8.50%.

Total Assets is connected with ROA %. Cherish Sunshine International's annualized ROA % for the quarter that ended in Sep. 2023 was 1.11%. Total Assets is also linked to Revenue through Asset Turnover. Cherish Sunshine International's Asset Turnover for the quarter that ended in Sep. 2023 was 0.34.

Cherish Sunshine International Total Assets Historical Data

The historical data trend for Cherish Sunshine International'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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Cherish Sunshine International Total Assets Chart

Cherish Sunshine International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Mar22

Mar23

Total Assets

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332.30

360.00

354.33

369.22

593.42

Cherish Sunshine International Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															360.25	354.33	330.35	593.42	604.76

Cherish Sunshine International 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.

Cherish Sunshine International's Total Assets for the fiscal year that ended in Mar. 2023 is calculated as

Total Assets	=	Total Equity (A: Mar. 2023 )	+	Total Liabilities (A: Mar. 2023 )
	=	310.367	+	283.057
	=	593.4

Cherish Sunshine International's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	298.618	+	306.138
	=	604.8

Cherish Sunshine International (HKSE:01094) Total Assets Explanation

Total Assets is connected with ROA %.

Cherish Sunshine International's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	6.624	/	( (593.424	+	604.756)	/ 2 )
	=	6.624	/	599.09
	=	1.11 %

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

Cherish Sunshine International's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	203.556	/	( (593.424	+	604.756)	/ 2 )
=	203.556	/	599.09
=	0.34

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.

Cherish Sunshine International Total Assets Related Terms

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Cherish Sunshine International (HKSE:01094) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cherish Sunshine International Ltd (HKSE:01094) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1818–2 Wenyi West Road, Yuhang Street, Unit 109–14, Block 1, Yuhang District, Zhejiang Province, Hangzhou, CHN

Website

http://www.sunshine1094.com

Cherish Sunshine International Ltd is a provider of one-stop integrated procurement service solutions in China. Its segments are the provision of procurement services, trading business, provision of corporate IT solutions, rental income, and energy management contracting business. The majority of the revenue derives from the trading segment which engaged in the Trading of general goods.

Executives

Eastmount Global Limited	2101 Beneficial owner
Liu Luoxiu	2307 Founder of a discretionary trust who can infl
Wu Siyuan	2501 Other
Trident Trust Company (singapore) Pte Limited	2301 Trustee
Jiang Xi Yin Xing Gu Fen You Xian Gong Si	2106 Person having a security interest in shares

Cherish Sunshine International (HKSE:01094) Headlines

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