Jinhai Medical Technology (HKSE:02225) Total Assets : HK$364.8 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Jinhai Medical Technology Total Assets?

Jinhai Medical Technology's Total Assets for the quarter that ended in Dec. 2023 was HK$364.8 Mil.

During the past 12 months, Jinhai Medical Technology's average Total Assets Growth Rate was 121.10% per year. During the past 3 years, the average Total Assets Growth Rate was 43.40% per year. During the past 5 years, the average Total Assets Growth Rate was 11.80% per year.

During the past 10 years, Jinhai Medical Technology's highest 3-Year average Total Assets Growth Rate was 43.40%. The lowest was -9.40%. And the median was 10.60%.

Total Assets is connected with ROA %. Jinhai Medical Technology's annualized ROA % for the quarter that ended in Dec. 2023 was -14.99%. Total Assets is also linked to Revenue through Asset Turnover. Jinhai Medical Technology's Asset Turnover for the quarter that ended in Dec. 2023 was 0.62.

Jinhai Medical Technology Total Assets Historical Data

The historical data trend for Jinhai Medical 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.

* Premium members only.

Jinhai Medical Technology Total Assets Chart

Jinhai Medical Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

245.35

229.79

193.17

231.93

364.78

Jinhai Medical Technology Semi-Annual Data
	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial												193.17	225.20	231.93	273.45	364.78

Jinhai Medical 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.

Jinhai Medical 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 )
	=	219.795	+	144.986
	=	364.8

Jinhai Medical 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 )
	=	219.795	+	144.986
	=	364.8

Jinhai Medical Technology (HKSE:02225) Total Assets Explanation

Total Assets is connected with ROA %.

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

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-47.84	/	( (273.445	+	364.782)	/ 2 )
	=	-47.84	/	319.1135
	=	-14.99 %

Note: The Net Income data used here is two times the semi-annual (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.

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

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	197.347	/	( (273.445	+	364.782)	/ 2 )
=	197.347	/	319.1135
=	0.62

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.

Jinhai Medical Technology Total Assets Related Terms

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

Jinhai Medical Technology (HKSE:02225) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Jinhai Medical Technology Ltd (HKSE:02225) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

31 Sungei Kadut Avenue, Singapore, SGP, 729660

Website

https://www.jin-hai.com.hk

Jinhai International Group Holdings Ltd is a Singapore-based company engaged in the provision of manpower outsourcing and ancillary services to building and construction contractors in Singapore. It also provides dormitory services, IT services, and construction ancillary services including warehousing services, cleaning services, and building maintenance work in Singapore. It earns a vast majority of its revenues from the Manpower outsourcing and ancillary services segment.

Executives

Liu Lei	2101 Beneficial owner
Chen Guobao	2201 Interest of corporation controlled by you
Full Fortune International Co., Ltd.	2101 Beneficial owner
Jiang Xiahong	2202 Interest of your spouse

Jinhai Medical Technology (HKSE:02225) Headlines

No Headlines