Sanbo Hospital Management Group (SZSE:301293) Total Assets : ¥3,092 Mil (As of Mar. 2024)

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What is Sanbo Hospital Management Group Total Assets?

Sanbo Hospital Management Group's Total Assets for the quarter that ended in Mar. 2024 was ¥3,092 Mil.

During the past 12 months, Sanbo Hospital Management Group's average Total Assets Growth Rate was 25.90% per year. During the past 3 years, the average Total Assets Growth Rate was 14.10% per year. During the past 5 years, the average Total Assets Growth Rate was 29.30% per year.

During the past 7 years, Sanbo Hospital Management Group's highest 3-Year average Total Assets Growth Rate was 38.00%. The lowest was 14.10%. And the median was 26.95%.

Total Assets is connected with ROA %. Sanbo Hospital Management Group's annualized ROA % for the quarter that ended in Mar. 2024 was 4.30%. Total Assets is also linked to Revenue through Asset Turnover. Sanbo Hospital Management Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.11.

Sanbo Hospital Management Group Total Assets Historical Data

The historical data trend for Sanbo Hospital Management Group'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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Sanbo Hospital Management Group Total Assets Chart

Sanbo Hospital Management Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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1,125.79

1,661.49

1,790.74

1,938.85

3,134.09

Sanbo Hospital Management Group Quarterly Data
	Dec17	Dec18	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															1,872.29	2,976.48	2,990.68	3,134.09	3,091.52

Sanbo Hospital Management Group 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.

Sanbo Hospital Management Group'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 )
	=	2508.137	+	625.949
	=	3,134

Sanbo Hospital Management Group'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 )
	=	2552.376	+	539.14
	=	3,092

Sanbo Hospital Management Group (SZSE:301293) Total Assets Explanation

Total Assets is connected with ROA %.

Sanbo Hospital Management Group'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 )
	=	133.78	/	( (3134.087	+	3091.517)	/ 2 )
	=	133.78	/	3112.802
	=	4.30 %

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.

Sanbo Hospital Management Group'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 )
=	336.93	/	( (3134.087	+	3091.517)	/ 2 )
=	336.93	/	3112.802
=	0.11

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.

Sanbo Hospital Management Group Total Assets Related Terms

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Sanbo Hospital Management Group (SZSE:301293) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sanbo Hospital Management Group Ltd (SZSE:301293) » Definitions » Total Assets

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Address

No. 50 Yikesong, Xiangshan Road, Room 105, Building No. 23, Haidian District, Haidian District, CHN, Haidian District

Website

https://www.sbnkjt.com

Sanbo Hospital Management Group Ltd is a neurology medical group engaged in clinical medical services. It adheres to the vision of expertise in medicine, education, and research, advocates the coordinated development of medical treatment, teaching, and scientific research, and promotes the company's basic research and development in neurology. The company hosts/co-organizes several academic conferences, covering neurosurgery, neurology, anesthesia, nursing, etc., and actively promotes academic exchanges. The company has held more than 90 national, provincial and municipal continuing education projects and classes, and has trained nearly 6,000 people in total, to improve the diagnosis and treatment of neurologists at the grassroots level. The company operates in a chain of hospitals.

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