NanJi E-Commerce Co's Total Assets for the quarter that ended in Mar. 2024 was ¥5,442 Mil.
During the past 12 months, NanJi E-Commerce Co's average Total Assets Growth Rate was 0.90% per year.
During the past 3 years, the average Total Assets Growth Rate was -8.30% per year.
During the past 5 years, the average Total Assets Growth Rate was -3.10% per year.
During the past 10 years, the average Total Assets Growth Rate was 14.90% per year.
During the past 13 years, NanJi E-Commerce Co's highest 3-Year average Total Assets Growth Rate was 111.50%. The lowest was -55.60%. And the median was 9.80%.
The historical data trend for NanJi E-Commerce 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.
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.
NanJi E-Commerce Co's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
NanJi E-Commerce Co (SZSE:002127) Total Assets Explanation
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.
NanJi E-Commerce Co's Asset Turnover for the quarter that ended in Mar. 2024 is
* 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.
NanJi E-Commerce Co Total Assets Related Terms
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NanJi E-Commerce Co (SZSE:002127) Business Description
NanJi E-Commerce Co Ltd is a marketing and advertising company. Its main business is brand integrated services, dealer brand authorization services, mobile Internet marketing business, and other businesses. It is also engaged in the e-commerce channels to build consumer goods giant with brand authorization and industry chain service. Its categories include bedding, menswear, womenswear, childrenswear, maternal and infant, healthy life, etc. The company operates in two segments that are NJBU business and NJBU business and Timelink business. The majority of the revenue is generated from the Timelink business which is engaged in the Internet advertising business. All of its revenue is generated from China.
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