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CSI Solar Co (SHSE:688472) Total Assets : ¥67,584 Mil (As of Mar. 2024)


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What is CSI Solar Co Total Assets?

CSI Solar Co's Total Assets for the quarter that ended in Mar. 2024 was ¥67,584 Mil.

During the past 12 months, CSI Solar Co's average Total Assets Growth Rate was 23.50% per year. During the past 3 years, the average Total Assets Growth Rate was 31.80% per year. During the past 5 years, the average Total Assets Growth Rate was 13.50% per year. During the past 10 years, the average Total Assets Growth Rate was 19.00% per year.

During the past 11 years, CSI Solar Co's highest 3-Year average Total Assets Growth Rate was 40.80%. The lowest was 7.00%. And the median was 17.40%.

Total Assets is connected with ROA %. CSI Solar Co's annualized ROA % for the quarter that ended in Mar. 2024 was 3.47%. Total Assets is also linked to Revenue through Asset Turnover. CSI Solar Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.


CSI Solar Co Total Assets Historical Data

The historical data trend for CSI Solar 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.

CSI Solar Co Total Assets Chart

CSI Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31,941.89 29,332.76 34,120.31 48,300.20 65,775.37

CSI Solar Co Quarterly Data
Mar17 Jun17 Sep17 Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52,034.19 63,935.58 64,893.88 65,775.37 67,583.80

CSI Solar 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.

CSI Solar 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 )
=21479.775+44295.592
=65,775

CSI Solar 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 )
=21992.304+45591.495
=67,584

* 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.


CSI Solar Co  (SHSE:688472) Total Assets Explanation

Total Assets is connected with ROA %.

CSI Solar 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 )
=2315.024/( (65775.367+67583.8)/ 2 )
=2315.024/66679.5835
=3.47 %

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.

CSI Solar 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 )
=9597.026/( (65775.367+67583.8)/ 2 )
=9597.026/66679.5835
=0.14

* 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.

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.

CSI Solar Co Total Assets Related Terms

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CSI Solar Co (SHSE:688472) Business Description

Traded in Other Exchanges
N/A
Address
No. 199 Lushan Road, Suzhou High-tech Zone, Jiangsu Province, Suzhou, CHN, 215129
CSI Solar Co Ltd research & development, production and sales of crystalline silicon photovoltaic modules. Its products include Modules, inverters, system kits, and energy storage.

CSI Solar Co (SHSE:688472) Headlines

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