Shandong Chenming Paper Holdings (HKSE:01812) Total Assets : HK$87,087 Mil (As of Mar. 2024)

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What is Shandong Chenming Paper Holdings Total Assets?

Shandong Chenming Paper Holdings's Total Assets for the quarter that ended in Mar. 2024 was HK$87,087 Mil.

During the past 12 months, Shandong Chenming Paper Holdings's average Total Assets Growth Rate was -4.50% per year. During the past 3 years, the average Total Assets Growth Rate was -2.90% per year. During the past 5 years, the average Total Assets Growth Rate was -4.60% per year. During the past 10 years, the average Total Assets Growth Rate was 2.90% per year.

During the past 13 years, Shandong Chenming Paper Holdings's highest 3-Year average Total Assets Growth Rate was 88.50%. The lowest was -7.30%. And the median was 17.10%.

Total Assets is connected with ROA %. Shandong Chenming Paper Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was 0.29%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Chenming Paper Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Shandong Chenming Paper Holdings Total Assets Historical Data

The historical data trend for Shandong Chenming Paper 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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Shandong Chenming Paper Holdings Total Assets Chart

Shandong Chenming Paper Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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109,003.85

108,556.54

101,471.20

94,140.19

86,941.26

Shandong Chenming Paper Holdings 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															93,479.47	90,404.09	85,630.00	86,941.26	87,086.70

Shandong Chenming Paper 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.

Shandong Chenming Paper 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 )
	=	23076.389	+	63864.871
	=	86,941

Shandong Chenming Paper Holdings'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 )
	=	22667.509	+	64419.193
	=	87,087

Shandong Chenming Paper Holdings (HKSE:01812) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Chenming Paper Holdings'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 )
	=	252.872	/	( (86941.26	+	87086.703)	/ 2 )
	=	252.872	/	87013.9815
	=	0.29 %

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.

Shandong Chenming Paper Holdings'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 )
=	7345.328	/	( (86941.26	+	87086.703)	/ 2 )
=	7345.328	/	87013.9815
=	0.08

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 Chenming Paper Holdings Total Assets Related Terms

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Shandong Chenming Paper Holdings (HKSE:01812) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Chenming Paper Holdings Ltd (HKSE:01812) » Definitions » Total Assets

Traded in Other Exchanges

SCD1:Germany 200488:China 000488:China

Address

No. 2199 Nongsheng East Road, Shandong Province, Shouguang, CHN, 262705

Website

http://www.chenmingpaper.com

Shandong Chenming Paper Holdings Ltd is a paper making company. The company's product mix consists of printing paper, packaging paper, office paper, industrial paper and household paper, and various other types of paper mixes. Maximum revenue is derived from the sale of its paper products. The company's segments are Machine-made paper, Financial services, Hotels and property, and other segments. Geographically, it derives a majority of revenue from Mainland China.

Executives

Shou Guang Chen Ming Kong Gu You Xian Gong Si	2201 Interest of corporation controlled by you
Chen Ming Kong Gu Xiang Gang You Xian Gong Si	2101 Beneficial owner

Shandong Chenming Paper Holdings (HKSE:01812) Headlines

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