Jianpu Technology (Jianpu Technology) Total Assets : $130.5 Mil (As of Dec. 2023)

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What is Jianpu Technology Total Assets?

Jianpu Technology's Total Assets for the quarter that ended in Dec. 2023 was $130.5 Mil.

During the past 12 months, Jianpu Technology's average Total Assets Growth Rate was -11.90% per year. During the past 3 years, the average Total Assets Growth Rate was -15.20% per year. During the past 5 years, the average Total Assets Growth Rate was -14.00% per year.

During the past 9 years, Jianpu Technology's highest 3-Year average Total Assets Growth Rate was 144.70%. The lowest was -17.10%. And the median was 8.85%.

Total Assets is connected with ROA %. Jianpu Technology's annualized ROA % for the quarter that ended in Dec. 2023 was 0.49%. Total Assets is also linked to Revenue through Asset Turnover. Jianpu Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.26.

Jianpu Technology Total Assets Historical Data

The historical data trend for Jianpu Technology'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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Jianpu Technology Total Assets Chart

Jianpu Technology Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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236.93

214.66

167.98

138.02

130.50

Jianpu Technology Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Assets	Get a 7-Day Free Trial															138.02	137.44	134.61	131.56	130.50

Jianpu Technology 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.

Jianpu Technology'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 )
	=	58.462	+	72.039
	=	130.5

Jianpu Technology's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	58.462	+	72.039
	=	130.5

Jianpu Technology (OTCPK:AIJTY) Total Assets Explanation

Total Assets is connected with ROA %.

Jianpu Technology's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	0.64	/	( (131.562	+	130.501)	/ 2 )
	=	0.64	/	131.0315
	=	0.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) 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.

Jianpu Technology's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	33.459	/	( (131.562	+	130.501)	/ 2 )
=	33.459	/	131.0315
=	0.26

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.

Jianpu Technology Total Assets Related Terms

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Jianpu Technology (Jianpu Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Jianpu Technology Inc (OTCPK:AIJTY) » Definitions » Total Assets

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Address

19 South Haidian Road, 5F Times Cyber Building, Haidian District, Beijing, CHN, 100086

Website

http://www.jianpu.ai

Jianpu Technology Inc is an independent open platform for providing online discovery and recommendation services for financial products in China. The company provides users with personalized search results and recommendations services such as loan applications, credit card services, and advertising and marketing services to its financial needs and credit profile. The individual users have access to financial products through the platform, including credit cards, and wealth management products. In addition, it also offers data risk management solutions to financial service providers which help in application approval, fraud detection and prevention and other credit underwriting processes. The company generates revenues from fees charged for services for loan products.