China Automotive Engineering Research Institute Co (SHSE:601965) Total Assets : ¥9,163 Mil (As of Mar. 2024)

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What is China Automotive Engineering Research Institute Co Total Assets?

China Automotive Engineering Research Institute Co's Total Assets for the quarter that ended in Mar. 2024 was ¥9,163 Mil.

Warning Sign:

If a company builds assets at 10.6% a year, faster than its revenue growth rate of 6.8% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, China Automotive Engineering Research Institute Co's average Total Assets Growth Rate was 12.20% per year. During the past 3 years, the average Total Assets Growth Rate was 7.20% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year. During the past 10 years, the average Total Assets Growth Rate was 10.60% per year.

During the past 13 years, China Automotive Engineering Research Institute Co's highest 3-Year average Total Assets Growth Rate was 30.40%. The lowest was 6.60%. And the median was 11.90%.

Total Assets is connected with ROA %. China Automotive Engineering Research Institute Co's annualized ROA % for the quarter that ended in Mar. 2024 was 7.24%. Total Assets is also linked to Revenue through Asset Turnover. China Automotive Engineering Research Institute Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.10.

China Automotive Engineering Research Institute Co Total Assets Historical Data

The historical data trend for China Automotive Engineering Research Institute 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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China Automotive Engineering Research Institute Co Total Assets Chart

China Automotive Engineering Research Institute Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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6,058.55

6,656.43

7,184.16

8,040.61

8,958.85

China Automotive Engineering Research Institute 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															8,017.13	8,253.95	8,209.05	8,958.85	9,162.87

China Automotive Engineering Research Institute 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.

China Automotive Engineering Research Institute 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 )
	=	6822.194	+	2136.655
	=	8,959

China Automotive Engineering Research Institute 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 )
	=	7006.181	+	2156.692
	=	9,163

China Automotive Engineering Research Institute Co (SHSE:601965) Total Assets Explanation

Total Assets is connected with ROA %.

China Automotive Engineering Research Institute 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 )
	=	655.788	/	( (8958.849	+	9162.873)	/ 2 )
	=	655.788	/	9060.861
	=	7.24 %

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.

China Automotive Engineering Research Institute 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 )
=	861.386	/	( (8958.849	+	9162.873)	/ 2 )
=	861.386	/	9060.861
=	0.10

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 Automotive Engineering Research Institute Co Total Assets Related Terms

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China Automotive Engineering Research Institute Co (SHSE:601965) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » China Automotive Engineering Research Institute Co Ltd (SHSE:601965) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.9, Jin Yu Avenue, North District, Economic Development Zone, Chongqing, CHN

Website

http://www.caeri.com.cn

China Automotive Engineering Research Institute Co Ltd is an automobile company based in China. It is mainly engaged in the technical service for automobile and manufacturing operations of automobile including the development of various products, the technical consulting, test and the quality inspection and authentication. In addition, the company is specialized in research and development, manufacturing and marketing of special vehicles, with main products involving 5 types and 200-odd models including engineering dump trucks, concrete mixers, sanitation vehicles, logistics transport vehicles and integration vehicles.

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