GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CEVIA Enviro Inc (SZSE:000885) » Definitions » Total Assets

CEVIA Enviro (SZSE:000885) Total Assets : ¥29,584 Mil (As of Jun. 2024)


View and export this data going back to 1999. Start your Free Trial

What is CEVIA Enviro Total Assets?

CEVIA Enviro's Total Assets for the quarter that ended in Jun. 2024 was ¥29,584 Mil.

Warning Sign:

If a company builds assets at 33.9% a year, faster than its revenue growth rate of 25.3% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, CEVIA Enviro's average Total Assets Growth Rate was 9.00% per year. During the past 3 years, the average Total Assets Growth Rate was 33.70% per year. During the past 5 years, the average Total Assets Growth Rate was 33.90% per year. During the past 10 years, the average Total Assets Growth Rate was 18.20% per year.

During the past 13 years, CEVIA Enviro's highest 3-Year average Total Assets Growth Rate was 141.30%. The lowest was -26.60%. And the median was 14.10%.

Total Assets is connected with ROA %. CEVIA Enviro's annualized ROA % for the quarter that ended in Jun. 2024 was 3.62%. Total Assets is also linked to Revenue through Asset Turnover. CEVIA Enviro's Asset Turnover for the quarter that ended in Jun. 2024 was 0.05.


CEVIA Enviro Total Assets Historical Data

The historical data trend for CEVIA Enviro'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.

CEVIA Enviro Total Assets Chart

CEVIA Enviro Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,054.14 13,490.75 21,754.78 25,507.39 29,128.17

CEVIA Enviro Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 28,870.96 28,107.06 29,128.17 29,525.65 29,583.71

CEVIA Enviro 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.

CEVIA Enviro'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 )
=8484.061+20644.11
=29,128

CEVIA Enviro's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=8932.648+20651.059
=29,584

* 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.


CEVIA Enviro  (SZSE:000885) Total Assets Explanation

Total Assets is connected with ROA %.

CEVIA Enviro's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=1068.868/( (29525.647+29583.707)/ 2 )
=1068.868/29554.677
=3.62 %

Note: The Net Income data used here is four times the quarterly (Jun. 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.

CEVIA Enviro's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Jun. 2024 ))/ count )
=1533.934/( (29525.647+29583.707)/ 2 )
=1533.934/29554.677
=0.05

* 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.

CEVIA Enviro Total Assets Related Terms

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


CEVIA Enviro Business Description

Traded in Other Exchanges
N/A
Address
No. 41, Nongye Road East, 16th Floor, Block A, Investment Building, Zhengzhou, CHN, 450008
CEVIA Enviro Inc is engaged in highway operations and urban infrastructure construction.
Executives
Cui Kai Supervisors
Yang Lai Shang Supervisors
Wang Jian Sheng Executives
Cai Zhi Duan Director
Ma Jian Zhong Executives

CEVIA Enviro Headlines

No Headlines