Harson Trading (China) Co (SHSE:603958) Total Assets : ¥956.9 Mil (As of Mar. 2024)

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What is Harson Trading (China) Co Total Assets?

Harson Trading (China) Co's Total Assets for the quarter that ended in Mar. 2024 was ¥956.9 Mil.

During the past 12 months, Harson Trading (China) Co's average Total Assets Growth Rate was -9.30% per year. During the past 3 years, the average Total Assets Growth Rate was -6.70% per year. During the past 5 years, the average Total Assets Growth Rate was -7.70% per year. During the past 10 years, the average Total Assets Growth Rate was -7.30% per year.

During the past 13 years, Harson Trading (China) Co's highest 3-Year average Total Assets Growth Rate was 5.40%. The lowest was -17.30%. And the median was -6.55%.

Total Assets is connected with ROA %. Harson Trading (China) Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.04%. Total Assets is also linked to Revenue through Asset Turnover. Harson Trading (China) Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Harson Trading (China) Co Total Assets Historical Data

The historical data trend for Harson Trading (China) 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.

* Premium members only.

Harson Trading (China) Co Total Assets Chart

Harson Trading (China) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,269.14

1,161.33

1,161.17

1,040.62

972.03

Harson Trading (China) 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															989.09	970.69	995.10	972.03	956.95

Harson Trading (China) 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.

Harson Trading (China) 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 )
	=	813.593	+	158.438
	=	972.0

Harson Trading (China) 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 )
	=	823.122	+	133.826
	=	956.9

Harson Trading (China) Co (SHSE:603958) Total Assets Explanation

Total Assets is connected with ROA %.

Harson Trading (China) 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 )
	=	19.716	/	( (972.032	+	956.948)	/ 2 )
	=	19.716	/	964.49
	=	2.04 %

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.

Harson Trading (China) 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 )
=	226.697	/	( (972.032	+	956.948)	/ 2 )
=	226.697	/	964.49
=	0.24

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.

Harson Trading (China) Co Total Assets Related Terms

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Harson Trading (China) Co (SHSE:603958) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Harson Trading (China) Co Ltd (SHSE:603958) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1008,Hua'an Road, 6th Floor, Caoan Economic Development Zone, Huaqiao Tow, Kunshan, CHN, 215332

Website

http://www.harsongroup.com

Harson Trading (China) Co Ltd is a China-based firm engaged in the brand operation, product design, production and sales of high-end leather shoes. It produces leather shoes for men and women mainly. Its brands include Harson, Kadina, Cover, Aller-A, AS, Roberta Di Camerino, Harson business, and Pikolinos.

Executives

Wu Xiao Hua	senior management
Huang Jing	Supervisors
Qian Long Bao	senior management

Harson Trading (China) Co (SHSE:603958) Headlines

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