Fujian Yongan Forestry Group Co (SZSE:000663) Total Assets : ¥1,648.6 Mil (As of Mar. 2024)

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What is Fujian Yongan Forestry Group Co Total Assets?

Fujian Yongan Forestry Group Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,648.6 Mil.

During the past 12 months, Fujian Yongan Forestry Group Co's average Total Assets Growth Rate was 42.30% per year. During the past 3 years, the average Total Assets Growth Rate was 0.40% per year. During the past 5 years, the average Total Assets Growth Rate was -16.70% per year. During the past 10 years, the average Total Assets Growth Rate was -6.20% per year.

During the past 13 years, Fujian Yongan Forestry Group Co's highest 3-Year average Total Assets Growth Rate was 63.50%. The lowest was -29.20%. And the median was 5.15%.

Total Assets is connected with ROA %. Fujian Yongan Forestry Group Co's annualized ROA % for the quarter that ended in Mar. 2024 was -2.16%. Total Assets is also linked to Revenue through Asset Turnover. Fujian Yongan Forestry Group Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.03.

Fujian Yongan Forestry Group Co Total Assets Historical Data

The historical data trend for Fujian Yongan Forestry 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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Fujian Yongan Forestry Group Co Total Assets Chart

Fujian Yongan Forestry Group Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,577.24

1,519.30

1,365.55

1,128.39

1,670.79

Fujian Yongan Forestry 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															1,174.43	1,276.35	1,476.13	1,670.79	1,648.61

Fujian Yongan Forestry 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.

Fujian Yongan Forestry 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 )
	=	1133.177	+	537.615
	=	1,670.8

Fujian Yongan Forestry 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 )
	=	1123.465	+	525.148
	=	1,648.6

Fujian Yongan Forestry Group Co (SZSE:000663) Total Assets Explanation

Total Assets is connected with ROA %.

Fujian Yongan Forestry 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 )
	=	-35.788	/	( (1670.792	+	1648.612)	/ 2 )
	=	-35.788	/	1659.702
	=	-2.16 %

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.

Fujian Yongan Forestry 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 )
=	56.697	/	( (1670.792	+	1648.612)	/ 2 )
=	56.697	/	1659.702
=	0.03

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.

Fujian Yongan Forestry Group Co Total Assets Related Terms

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Fujian Yongan Forestry Group Co (SZSE:000663) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Fujian Yongan Forestry Group Co Ltd (SZSE:000663) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 819, Yanjiang East Road, Fujian Province, Yong'an, CHN, 366000

Website

http://www.yonglin.com

Fujian Yongan Forestry Group Co Ltd is engaged in the manufacturing and sale of forest products primarily in China. Its product portfolio includes forest products, Yonglin blue panther floor, wood, medium density fiberboard, plywood, formaldehyde adhesives, pine oil products, natural vanillin, and seedlings.

Executives

Liu Xiang Hui	Executives
Su Jia Xu	Director
Lin Qing Wen	Supervisors
Chen Zhen Zong	Directors, executives
Dong Yong Ping	Directors, executives
Lin Hui Qin	Supervisors
Huang Zhong Ming	Executives
Qiu An Bin	Supervisors
Huang Zong He	Directors, executives

Fujian Yongan Forestry Group Co (SZSE:000663) Headlines

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