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Hunan Dajiaweikang Pharmaceutical Industry Co (SZSE:301126) Total Assets : ¥6,048 Mil (As of Mar. 2024)


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What is Hunan Dajiaweikang Pharmaceutical Industry Co Total Assets?

Hunan Dajiaweikang Pharmaceutical Industry Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,048 Mil.

Warning Sign:

If a company builds assets at 20.1% a year, faster than its revenue growth rate of 4.5% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Hunan Dajiaweikang Pharmaceutical Industry Co's average Total Assets Growth Rate was 50.70% per year. During the past 3 years, the average Total Assets Growth Rate was 32.90% per year. During the past 5 years, the average Total Assets Growth Rate was 20.10% per year.

During the past 10 years, Hunan Dajiaweikang Pharmaceutical Industry Co's highest 3-Year average Total Assets Growth Rate was 249.70%. The lowest was 6.20%. And the median was 32.90%.

Total Assets is connected with ROA %. Hunan Dajiaweikang Pharmaceutical Industry Co's annualized ROA % for the quarter that ended in Mar. 2024 was 1.37%. Total Assets is also linked to Revenue through Asset Turnover. Hunan Dajiaweikang Pharmaceutical Industry Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.23.


Hunan Dajiaweikang Pharmaceutical Industry Co Total Assets Historical Data

The historical data trend for Hunan Dajiaweikang Pharmaceutical Industry 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.

Hunan Dajiaweikang Pharmaceutical Industry Co Total Assets Chart

Hunan Dajiaweikang Pharmaceutical Industry Co Annual Data
Trend Dec12 Dec13 Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,015.04 2,201.93 2,994.31 3,931.42 5,277.66

Hunan Dajiaweikang Pharmaceutical Industry Co Quarterly Data
Dec18 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 4,203.58 4,955.12 5,456.17 5,277.66 6,047.54

Hunan Dajiaweikang Pharmaceutical Industry 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.

Hunan Dajiaweikang Pharmaceutical Industry 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 )
=1781.649+3496.006
=5,278

Hunan Dajiaweikang Pharmaceutical Industry 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 )
=1832.572+4214.968
=6,048

* 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.


Hunan Dajiaweikang Pharmaceutical Industry Co  (SZSE:301126) Total Assets Explanation

Total Assets is connected with ROA %.

Hunan Dajiaweikang Pharmaceutical Industry 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 )
=77.748/( (5277.655+6047.54)/ 2 )
=77.748/5662.5975
=1.37 %

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.

Hunan Dajiaweikang Pharmaceutical Industry 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 )
=1280.469/( (5277.655+6047.54)/ 2 )
=1280.469/5662.5975
=0.23

* 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.

Hunan Dajiaweikang Pharmaceutical Industry Co Total Assets Related Terms

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Hunan Dajiaweikang Pharmaceutical Industry Co (SZSE:301126) Business Description

Traded in Other Exchanges
N/A
Address
No. 30 Fuling Road, Yuelu District, Hunan Province, Changsha, CHN, 410000
Hunan Dajiaweikang Pharmaceutical Industry Co Ltd is engaged in the distribution and retail of pharmaceuticals, biological products, medical equipment and other products.
Executives
Tang Juan Supervisors
Zhong Xue Song Director

Hunan Dajiaweikang Pharmaceutical Industry Co (SZSE:301126) Headlines

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