Yuan Longping High-tech Agriculture Co (SZSE:000998) Total Assets : ¥26,898 Mil (As of Mar. 2024)

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What is Yuan Longping High-tech Agriculture Co Total Assets?

Yuan Longping High-tech Agriculture Co's Total Assets for the quarter that ended in Mar. 2024 was ¥26,898 Mil.

During the past 12 months, Yuan Longping High-tech Agriculture Co's average Total Assets Growth Rate was 100.70% per year. During the past 3 years, the average Total Assets Growth Rate was 24.30% per year. During the past 5 years, the average Total Assets Growth Rate was 12.10% per year. During the past 10 years, the average Total Assets Growth Rate was 20.80% per year.

During the past 13 years, Yuan Longping High-tech Agriculture Co's highest 3-Year average Total Assets Growth Rate was 67.00%. The lowest was -4.80%. And the median was 24.25%.

Total Assets is connected with ROA %. Yuan Longping High-tech Agriculture Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.13%. Total Assets is also linked to Revenue through Asset Turnover. Yuan Longping High-tech Agriculture Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Yuan Longping High-tech Agriculture Co Total Assets Historical Data

The historical data trend for Yuan Longping High-tech Agriculture 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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Yuan Longping High-tech Agriculture Co Total Assets Chart

Yuan Longping High-tech Agriculture Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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15,391.85

13,886.20

14,003.76

23,112.03

27,747.98

Yuan Longping High-tech Agriculture 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															14,392.48	14,363.06	16,115.74	27,747.98	26,897.84

Yuan Longping High-tech Agriculture 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.

Yuan Longping High-tech Agriculture 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 )
	=	10129.067	+	17618.913
	=	27,748

Yuan Longping High-tech Agriculture 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 )
	=	10004.823	+	16893.021
	=	26,898

Yuan Longping High-tech Agriculture Co (SZSE:000998) Total Assets Explanation

Total Assets is connected with ROA %.

Yuan Longping High-tech Agriculture 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 )
	=	307.528	/	( (27747.979	+	26897.844)	/ 2 )
	=	307.528	/	27322.9115
	=	1.13 %

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.

Yuan Longping High-tech Agriculture 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 )
=	2072.229	/	( (27747.979	+	26897.844)	/ 2 )
=	2072.229	/	27322.9115
=	0.08

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.

Yuan Longping High-tech Agriculture Co Total Assets Related Terms

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Yuan Longping High-tech Agriculture Co (SZSE:000998) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Yuan Longping High-tech Agriculture Co Ltd (SZSE:000998) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No.459 Chezhan(N)Road, Securities Building, Hunan Province, Changsha, CHN, 410001

Website

http://www.lpht.com.cn

Yuan Longping High-tech Agriculture Co Ltd is a China-based company engaged in the research, production, and sale of seeds, hybrid rice, pepper, corn, cotton, and vegetables. In addition, the company also provides agricultural services like precision planting technology, new professional peasant training, quality grain trading platform, cultivated land rehabilitation and development, brand agriculture and agricultural finance. The company creates an agricultural integrated service platform by including peasants, dealers and other means of agricultural production, finance, and other partners into the integrated service ecological circle.

Executives

Wang Yi Bo	Director
Liao Cui Meng	Directors, executives
Zhang Xiu Kuan	Directors, executives
Tao Yang	Director
Gong Jun Tao	Executives
Sun Wei Hua	Supervisors
Zou Ji Jun	Executives
Long He Ping	Executives
Qi Shao Wu	Director
Peng Guang Jian	Executives
Ma De Hua	Director
Yang Yuan Zhu	Executives
Yuan Ding Jiang	Directors, executives
Wu Yue Shi	Director
Chen Zhi Xin	Secretary Dong

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