Gushengtang Holdings (HKSE:02273) Total Assets : HK$3,696 Mil (As of Dec. 2023)

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What is Gushengtang Holdings Total Assets?

Gushengtang Holdings's Total Assets for the quarter that ended in Dec. 2023 was HK$3,696 Mil.

During the past 12 months, Gushengtang Holdings's average Total Assets Growth Rate was 25.80% per year. During the past 3 years, the average Total Assets Growth Rate was 20.20% per year. During the past 5 years, the average Total Assets Growth Rate was 18.20% per year.

During the past 6 years, Gushengtang Holdings's highest 3-Year average Total Assets Growth Rate was 20.60%. The lowest was 17.60%. And the median was 20.20%.

Total Assets is connected with ROA %. Gushengtang Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 9.76%. Total Assets is also linked to Revenue through Asset Turnover. Gushengtang Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.41.

Gushengtang Holdings Total Assets Historical Data

The historical data trend for Gushengtang 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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Gushengtang Holdings Total Assets Chart

Gushengtang Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,226.27

1,713.48

2,934.22

2,923.85

3,696.25

Gushengtang Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial					2,934.22	2,782.03	2,923.85	3,450.23	3,696.25

Gushengtang 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.

Gushengtang 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 )
	=	2522.345	+	1173.908
	=	3,696

Gushengtang 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 )
	=	2522.345	+	1173.908
	=	3,696

Gushengtang Holdings (HKSE:02273) Total Assets Explanation

Total Assets is connected with ROA %.

Gushengtang 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 )
	=	348.812	/	( (3450.227	+	3696.253)	/ 2 )
	=	348.812	/	3573.24
	=	9.76 %

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.

Gushengtang 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 )
=	1462.628	/	( (3450.227	+	3696.253)	/ 2 )
=	1462.628	/	3573.24
=	0.41

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.

Gushengtang Holdings Total Assets Related Terms

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Gushengtang Holdings (HKSE:02273) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Gushengtang Holdings Ltd (HKSE:02273) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 419, Qingsha Road, Room 005, Dongchong Town, Nansha District, Guangzhou, CHN

Website

https://www.gstzy.cn

Gushengtang Holdings Ltd is a traditional Chinese medicine (TCM) company. Through offline medical institutions and online healthcare platforms, it provides customers with a comprehensive range of TCM healthcare services and products to address diverse medical and healthcare management needs. As all of the Group's revenue is derived from the PRC.

Executives

Tu Zhiliang	2501 Other
Wumianshan Ltd.	2201 Interest of corporation controlled by you
Frandor Limited
Tu Family Holdings Limited
Trident Trust Company (singapore) Pte. Limited
Dream True Limited
Action Thrive Group Limited	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you
Eight Roads Holdings Limited	2201 Interest of corporation controlled by you
Fil Limited	2201 Interest of corporation controlled by you
Eight Roads Shareholdings Limited	2201 Interest of corporation controlled by you
Pandanus Partners L.p.	2201 Interest of corporation controlled by you
Pandanus Associates Inc.	2201 Interest of corporation controlled by you
Johnson Iv Edward C.	2301 Trustee
Johnson Abigail P.	2301 Trustee

Gushengtang Holdings (HKSE:02273) Headlines

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