Shenzhen Agricultural Power Group Co (SZSE:000061) Total Assets : ¥20,641 Mil (As of Mar. 2024)

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What is Shenzhen Agricultural Power Group Co Total Assets?

Shenzhen Agricultural Power Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥20,641 Mil.

During the past 12 months, Shenzhen Agricultural Power Group Co's average Total Assets Growth Rate was -3.30% 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 3.10% per year. During the past 10 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 13 years, Shenzhen Agricultural Power Group Co's highest 3-Year average Total Assets Growth Rate was 80.80%. The lowest was 1.80%. And the median was 15.05%.

Total Assets is connected with ROA %. Shenzhen Agricultural Power Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.58%. Total Assets is also linked to Revenue through Asset Turnover. Shenzhen Agricultural Power Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.05.

Shenzhen Agricultural Power Group Co Total Assets Historical Data

The historical data trend for Shenzhen Agricultural Power Group 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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Shenzhen Agricultural Power Group Co Total Assets Chart

Shenzhen Agricultural Power Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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19,600.59

20,026.27

20,669.82

20,989.67

21,284.06

Shenzhen Agricultural Power Group 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															21,217.45	21,499.47	21,327.45	21,284.06	20,641.21

Shenzhen Agricultural Power Group 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.

Shenzhen Agricultural Power Group 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 )
	=	7915.116	+	13368.944
	=	21,284

Shenzhen Agricultural Power Group 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 )
	=	7897.124	+	12744.089
	=	20,641

Shenzhen Agricultural Power Group Co (SZSE:000061) Total Assets Explanation

Total Assets is connected with ROA %.

Shenzhen Agricultural Power Group 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 )
	=	330.188	/	( (21284.06	+	20641.213)	/ 2 )
	=	330.188	/	20962.6365
	=	1.58 %

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.

Shenzhen Agricultural Power Group 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 )
=	1049.93	/	( (21284.06	+	20641.213)	/ 2 )
=	1049.93	/	20962.6365
=	0.05

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.

Shenzhen Agricultural Power Group Co Total Assets Related Terms

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Shenzhen Agricultural Power Group Co (SZSE:000061) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Shenzhen Agricultural Power Group Co Ltd (SZSE:000061) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1021 Buji Road, Tianle Building, 22F, Luohu District, Shenzhen, Guangdong, CHN, 518019

Website

http://www.szap.com

Shenzhen Agricultural Products Co Ltd is engaged in investment, development, construction, operation, and management of agricultural products.

Executives

Chen Xiao Hua	Directors, executives
Chen Shao Qun	Director
Shen Hua	Executives
Liu Xiong Jia	Secretary Dong
Zhang Jian	Executives
Liu Guang Yang	Executives
Chen Yang Sheng	Directors, executives
Lu Jian Min	Supervisors
Hu Xiang Hai	Directors, executives
Wan Xiao Ning	Director
Liu Sui Yi	Supervisors
Wang Xing Yi	Independent director
Ceng Pai	Directors, executives
Zhu Jun Ming	Director
Lin Xi Bin	Executives

Shenzhen Agricultural Power Group Co (SZSE:000061) Headlines

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