CEC Environmental Protection Co (SZSE:300172) Total Assets : ¥2,829.4 Mil (As of Mar. 2024)

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What is CEC Environmental Protection Co Total Assets?

CEC Environmental Protection Co's Total Assets for the quarter that ended in Mar. 2024 was ¥2,829.4 Mil.

During the past 12 months, CEC Environmental Protection Co's average Total Assets Growth Rate was -4.30% per year. During the past 3 years, the average Total Assets Growth Rate was 1.30% per year. During the past 5 years, the average Total Assets Growth Rate was 4.10% per year. During the past 10 years, the average Total Assets Growth Rate was 11.10% per year.

During the past 13 years, CEC Environmental Protection Co's highest 3-Year average Total Assets Growth Rate was 43.20%. The lowest was 1.30%. And the median was 16.45%.

Total Assets is connected with ROA %. CEC Environmental Protection Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.43%. Total Assets is also linked to Revenue through Asset Turnover. CEC Environmental Protection Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.07.

CEC Environmental Protection Co Total Assets Historical Data

The historical data trend for CEC Environmental Protection 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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CEC Environmental Protection Co Total Assets Chart

CEC Environmental Protection Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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2,507.99

2,673.52

2,779.52

2,877.33

2,892.02

CEC Environmental Protection 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															2,914.83	2,900.27	2,939.14	2,892.02	2,829.37

CEC Environmental Protection 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.

CEC Environmental Protection 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 )
	=	1877.312	+	1014.712
	=	2,892.0

CEC Environmental Protection 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 )
	=	1911.433	+	917.94
	=	2,829.4

CEC Environmental Protection Co (SZSE:300172) Total Assets Explanation

Total Assets is connected with ROA %.

CEC Environmental Protection 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 )
	=	126.724	/	( (2892.024	+	2829.374)	/ 2 )
	=	126.724	/	2860.699
	=	4.43 %

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.

CEC Environmental Protection 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 )
=	203.725	/	( (2892.024	+	2829.374)	/ 2 )
=	203.725	/	2860.699
=	0.07

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.

CEC Environmental Protection Co Total Assets Related Terms

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CEC Environmental Protection Co (SZSE:300172) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CEC Environmental Protection Co Ltd (SZSE:300172) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

Number 1800, Chengxin Street, Nanjing (Environmental Concentration Zone), Jiangning District, Nanjing, CHN, 211102

Website

http://www.ce-ep.com

CEC Environmental Protection Co Ltd is engaged in the provision of water processing system solutions, water processing equipment system integration and contract construction of related engineering for industrial projects of thermal power, nuclear power, petrochemical, coal chemical, metallurgy and other industries. The company provides condensate polishing, water supply treatment, wastewater treatment, water vapor centralized monitoring and chemical injection lines, industrial flue gas treatment, municipal sludge treatment, municipal sewage treatment and others.

Executives

Yuan Jin Mei	Executives
Guo Pei Zhi	Executives
Lin Hui Sheng	Director
Shu Mei Hong	Executives
Zhang Wei	Executives
Qiu Jia Yun	Securities Affairs Representative
Wang Zheng Fu	Director
Wang Jun Jian	Supervisors
Zhou Gu Ping	Director
Chen Yu Wei	Supervisors
Cao Zhi Yong	Supervisors
Zhu Lai Song	Directors, executives
Qu Peng	Executives
Chou Xiang Yang	Independent director
Cao Ming Hua	Supervisors

CEC Environmental Protection Co (SZSE:300172) Headlines

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