Ziel Home Furnishing Technology Co (SZSE:301376) Total Assets : ¥5,732 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Ziel Home Furnishing Technology Co Total Assets?

Ziel Home Furnishing Technology Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,732 Mil.

During the past 12 months, Ziel Home Furnishing Technology Co's average Total Assets Growth Rate was 80.20% per year. During the past 3 years, the average Total Assets Growth Rate was 33.60% per year. During the past 5 years, the average Total Assets Growth Rate was 67.40% per year.

During the past 6 years, Ziel Home Furnishing Technology Co's highest 3-Year average Total Assets Growth Rate was 101.20%. The lowest was 33.60%. And the median was 74.40%.

Total Assets is connected with ROA %. Ziel Home Furnishing Technology Co's annualized ROA % for the quarter that ended in Mar. 2024 was 7.11%. Total Assets is also linked to Revenue through Asset Turnover. Ziel Home Furnishing Technology Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.33.

Ziel Home Furnishing Technology Co Total Assets Historical Data

The historical data trend for Ziel Home Furnishing Technology 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.

Ziel Home Furnishing Technology Co Total Assets Chart

Ziel Home Furnishing Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

657.35

2,157.01

3,425.54

3,477.57

5,581.34

Ziel Home Furnishing Technology Co Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial									3,604.85	4,843.72	5,073.00	5,581.34	5,732.40

Ziel Home Furnishing Technology 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.

Ziel Home Furnishing Technology 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 )
	=	3120.971	+	2460.37
	=	5,581

Ziel Home Furnishing Technology 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 )
	=	3219.326	+	2513.074
	=	5,732

Ziel Home Furnishing Technology Co (SZSE:301376) Total Assets Explanation

Total Assets is connected with ROA %.

Ziel Home Furnishing Technology 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 )
	=	402.156	/	( (5581.341	+	5732.4)	/ 2 )
	=	402.156	/	5656.8705
	=	7.11 %

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.

Ziel Home Furnishing Technology 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 )
=	1841.61	/	( (5581.341	+	5732.4)	/ 2 )
=	1841.61	/	5656.8705
=	0.33

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.

Ziel Home Furnishing Technology Co Total Assets Related Terms

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

Ziel Home Furnishing Technology Co (SZSE:301376) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ziel Home Furnishing Technology Co Ltd (SZSE:301376) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 198-19, Songshan South Road, No. 601, 6th Floor, Dongfang Building, Erqi, Henan, Zhengzhou, CHN, 450000

Website

https://www.ziel.cn

Ziel Home Furnishing Technology Co Ltd is engaged in research and development, design and sales of home furnishing products such as self-owned brand furniture series, home furnishing series, courtyard series and pet series.

Ziel Home Furnishing Technology Co (SZSE:301376) Headlines

No Headlines