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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Total Assets : ¥18,519 Mil (As of Mar. 2024)


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What is Meinian Onehealth Healthcare Holdings Co Total Assets?

Meinian Onehealth Healthcare Holdings Co's Total Assets for the quarter that ended in Mar. 2024 was ¥18,519 Mil.

During the past 12 months, Meinian Onehealth Healthcare Holdings Co's average Total Assets Growth Rate was 2.10% per year. During the past 3 years, the average Total Assets Growth Rate was -2.40% per year. During the past 5 years, the average Total Assets Growth Rate was 3.60% per year. During the past 10 years, the average Total Assets Growth Rate was 36.50% per year.

During the past 13 years, Meinian Onehealth Healthcare Holdings Co's highest 3-Year average Total Assets Growth Rate was 154.90%. The lowest was -2.40%. And the median was 20.60%.

Total Assets is connected with ROA %. Meinian Onehealth Healthcare Holdings Co's annualized ROA % for the quarter that ended in Mar. 2024 was -6.04%. Total Assets is also linked to Revenue through Asset Turnover. Meinian Onehealth Healthcare Holdings Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.09.


Meinian Onehealth Healthcare Holdings Co Total Assets Historical Data

The historical data trend for Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings Co Total Assets Chart

Meinian Onehealth Healthcare Holdings Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,918.62 21,526.01 18,928.07 18,378.66 19,456.66

Meinian Onehealth Healthcare Holdings 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 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 17,962.45 17,957.61 18,539.74 19,456.66 18,519.50

Meinian Onehealth Healthcare Holdings 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.

Meinian Onehealth Healthcare Holdings 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 )
=8409.99+11046.671
=19,457

Meinian Onehealth Healthcare Holdings 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 )
=8113.317+10406.179
=18,519

* 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.


Meinian Onehealth Healthcare Holdings Co  (SZSE:002044) Total Assets Explanation

Total Assets is connected with ROA %.

Meinian Onehealth Healthcare Holdings 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 )
=-1146.472/( (19456.66+18519.497)/ 2 )
=-1146.472/18988.0785
=-6.04 %

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.

Meinian Onehealth Healthcare Holdings 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 )
=1801.337/( (19456.66+18519.497)/ 2 )
=1801.337/18988.0785
=0.09

* 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.

Meinian Onehealth Healthcare Holdings Co Total Assets Related Terms

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Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Business Description

Traded in Other Exchanges
N/A
Address
No. 218 Renmin East Road, Jiangsu Province, Nantong, CHN, 200072
Meinian Onehealth Healthcare Holdings Co Ltd is engaged in the provision of physical examination and medical services. The firm provides health consultation, and health assessment services among others.
Executives
Ning Yi Executives
Lin Lin Executives
Xu Ke Director
Yu Rong Director
Guo Mei Ling Director
Hu Rui Lian Director
Yu Ji Ye Supervisors
Wen Hai Yan Executives
Li Jun De Director
Cui Lan Supervisors
Zhang Bin Yun Director
Shen Yong Yan Executives
Zhang Song Executives
Ge Qiu Executives
Xu Xiang Dong Directors, executives

Meinian Onehealth Healthcare Holdings Co (SZSE:002044) Headlines

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