Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Total Assets : ¥15,538 Mil (As of Mar. 2024)

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What is Shandong Huatai Paper Industry Shareholding Co Total Assets?

Shandong Huatai Paper Industry Shareholding Co's Total Assets for the quarter that ended in Mar. 2024 was ¥15,538 Mil.

During the past 12 months, Shandong Huatai Paper Industry Shareholding Co's average Total Assets Growth Rate was 2.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.80% per year. During the past 5 years, the average Total Assets Growth Rate was 1.60% per year. During the past 10 years, the average Total Assets Growth Rate was -1.70% per year.

During the past 13 years, Shandong Huatai Paper Industry Shareholding Co's highest 3-Year average Total Assets Growth Rate was 39.50%. The lowest was -6.40%. And the median was 12.20%.

Total Assets is connected with ROA %. Shandong Huatai Paper Industry Shareholding Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.94%. Total Assets is also linked to Revenue through Asset Turnover. Shandong Huatai Paper Industry Shareholding Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.22.

Shandong Huatai Paper Industry Shareholding Co Total Assets Historical Data

The historical data trend for Shandong Huatai Paper Industry Shareholding Co'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 Huatai Paper Industry Shareholding Co Total Assets Chart

Shandong Huatai Paper Industry Shareholding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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13,701.97

14,905.04

16,184.09

15,411.00

15,238.54

Shandong Huatai Paper Industry Shareholding Co 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															15,445.19	15,450.13	15,413.46	15,238.54	15,538.00

Shandong Huatai Paper Industry Shareholding Co 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 Huatai Paper Industry Shareholding Co'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 )
	=	9302.564	+	5935.974
	=	15,239

Shandong Huatai Paper Industry Shareholding Co'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 )
	=	9370.998	+	6166.999
	=	15,538

Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Total Assets Explanation

Total Assets is connected with ROA %.

Shandong Huatai Paper Industry Shareholding Co'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 )
	=	451.924	/	( (15238.538	+	15537.997)	/ 2 )
	=	451.924	/	15388.2675
	=	2.94 %

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 Huatai Paper Industry Shareholding Co'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 )
=	3433.978	/	( (15238.538	+	15537.997)	/ 2 )
=	3433.978	/	15388.2675
=	0.22

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 Huatai Paper Industry Shareholding Co Total Assets Related Terms

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Shandong Huatai Paper Industry Shareholding Co (SHSE:600308) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Shandong Huatai Paper Industry Shareholding Co Ltd (SHSE:600308) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Dawang Town, Guangrao County, Shandong Province, Dongying, CHN, 257335

Website

http://www.huataipaper.com

Shandong Huatai Paper Industry Shareholding Co Ltd is engaged in the manufacture and distribution of paper products and related chemical products. The groups main products are high-grade newspaper, high-grade coated paper, double adhesive tape, light adhesive tape, new textbook paper, super pressure More than 100 kinds of papers such as glossy paper, electrostatic copy paper and household paper, and more than 20 kinds of chemical products such as liquid chlorine, caustic soda and hydrogen peroxide. Geographically it operates through the region of China.

Executives

Sun Ya Jun	senior management
Wei Wen Guang	Director
Chi Yu Xiang	senior management
Li Gang	Director
Li Xiao Liang	Director
Wei Li Jun	Director
Xie Shi Bing	Supervisors
Li Li	Supervisors
Zhu Wan Liang	Director
Zhang Feng Shan	Supervisors
Ren Wen Tao	Supervisors
Li Guo Shun	Director
Chen Guo Ying	senior management
Zhu Yan Ming	Supervisors
Li Jian Hua	Director

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