Zhejiang Shuanghuan Driveline Co (SZSE:002472) Total Assets : ¥14,137 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Zhejiang Shuanghuan Driveline Co Total Assets?

Zhejiang Shuanghuan Driveline Co's Total Assets for the quarter that ended in Mar. 2024 was ¥14,137 Mil.

During the past 12 months, Zhejiang Shuanghuan Driveline Co's average Total Assets Growth Rate was 10.80% per year. During the past 3 years, the average Total Assets Growth Rate was 14.40% per year. During the past 5 years, the average Total Assets Growth Rate was 11.60% per year. During the past 10 years, the average Total Assets Growth Rate was 21.00% per year.

During the past 13 years, Zhejiang Shuanghuan Driveline Co's highest 3-Year average Total Assets Growth Rate was 42.40%. The lowest was 9.00%. And the median was 18.30%.

Total Assets is connected with ROA %. Zhejiang Shuanghuan Driveline Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.48%. Total Assets is also linked to Revenue through Asset Turnover. Zhejiang Shuanghuan Driveline Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.15.

Zhejiang Shuanghuan Driveline Co Total Assets Historical Data

The historical data trend for Zhejiang Shuanghuan Driveline 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.

Zhejiang Shuanghuan Driveline Co Total Assets Chart

Zhejiang Shuanghuan Driveline Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

8,159.67

8,541.87

9,823.47

12,895.08

13,171.17

Zhejiang Shuanghuan Driveline 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															12,679.90	12,961.97	13,209.22	13,171.17	14,136.82

Zhejiang Shuanghuan Driveline 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.

Zhejiang Shuanghuan Driveline 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 )
	=	8337.813	+	4833.355
	=	13,171

Zhejiang Shuanghuan Driveline 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 )
	=	8463.123	+	5673.696
	=	14,137

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Total Assets Explanation

Total Assets is connected with ROA %.

Zhejiang Shuanghuan Driveline 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 )
	=	885.316	/	( (13171.169	+	14136.819)	/ 2 )
	=	885.316	/	13653.994
	=	6.48 %

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.

Zhejiang Shuanghuan Driveline 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 )
=	2074.505	/	( (13171.169	+	14136.819)	/ 2 )
=	2074.505	/	13653.994
=	0.15

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.

Zhejiang Shuanghuan Driveline Co Total Assets Related Terms

Thank you for viewing the detailed overview of Zhejiang Shuanghuan Driveline Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Zhejiang Shuanghuan Driveline Co Ltd (SZSE:002472) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Electrical and Industrial Zone, Yuhuan County, Zhejiang Province, Taizhou, CHN, 317600

Website

http://www.gearsnet.com

Zhejiang Shuanghuan Driveline Co Ltd is engaged in the manufacture of gears and shafts for automobiles, motorcycles, trucks and heavy equipment in China. It is engaged in research, development, design, and manufacture of passenger car gears, power tool gears, construction machinery gears, motorcycle gears and commercial vehicle gears.

Executives

Li Yu	Supervisors
Geng Shuai	Directors, executives
Zhang Jing	Director
Ye Song	Secretary Dong
Li Shao Guang	Supervisors
Dong Mei Zhu	Supervisors
Zhou Zhi Qiang	Supervisors
Yang Dong Po	Supervisors
	Executives
Li Shui Tu	Directors, executives
Ye Ji Ming	Supervisors
Chen Jian Feng	Supervisors
Huang Liang Bin	Directors, executives
Wu Zhang Hong	Directors, executives
Jiang Yi Qing	Directors, executives

Zhejiang Shuanghuan Driveline Co (SZSE:002472) Headlines

No Headlines