JiangXi Bank Co (HKSE:01916) Total Assets : HK$604,144 Mil (As of Dec. 2023)

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What is JiangXi Bank Co Total Assets?

JiangXi Bank Co's Total Assets for the quarter that ended in Dec. 2023 was HK$604,144 Mil.

During the past 12 months, JiangXi Bank Co's average Total Assets Growth Rate was 3.60% per year. During the past 3 years, the average Total Assets Growth Rate was 4.20% per year. During the past 5 years, the average Total Assets Growth Rate was 5.40% per year.

During the past 9 years, JiangXi Bank Co's highest 3-Year average Total Assets Growth Rate was 26.20%. The lowest was 4.20%. And the median was 8.60%.

Total Assets is connected with ROA %. JiangXi Bank Co's annualized ROA % for the quarter that ended in Dec. 2023 was -0.06%. Total Assets is also linked to Revenue through Asset Turnover. JiangXi Bank Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.

JiangXi Bank Co Total Assets Historical Data

The historical data trend for JiangXi Bank 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.

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JiangXi Bank Co Total Assets Chart

JiangXi Bank Co Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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507,546.24

543,749.45

622,714.89

575,747.57

604,143.70

JiangXi Bank Co Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial											622,714.89	605,154.50	575,747.57	589,158.40	604,143.70

JiangXi Bank 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.

JiangXi Bank 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 )
	=	51990.063	+	552153.632
	=	604,144

JiangXi Bank Co'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 )
	=	51990.063	+	552153.632
	=	604,144

JiangXi Bank Co (HKSE:01916) Total Assets Explanation

Total Assets is connected with ROA %.

JiangXi Bank Co'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 )
	=	-362.688	/	( (589158.397	+	604143.696)	/ 2 )
	=	-362.688	/	596651.0465
	=	-0.06 %

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.

JiangXi Bank Co'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 )
=	7135.598	/	( (589158.397	+	604143.696)	/ 2 )
=	7135.598	/	596651.0465
=	0.01

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.

JiangXi Bank Co Total Assets Related Terms

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JiangXi Bank Co (HKSE:01916) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » JiangXi Bank Co Ltd (HKSE:01916) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

No. 248 Queen’s Road East, 40th Floor, Dah Sing Financial Centre, Wanchai, Hong Kong, HKG

Website

https://www.jx-bank.com

JiangXi Bank Co Ltd operates as a commercial bank in China. The company's operating segments include Corporate banking; Retail banking and credit card; Financial markets business and others. It generates maximum revenue from the Corporate banking segment. The Corporate banking segment provides a range of financial products and services to corporations, government agencies and financial institutions.

JiangXi Bank Co (HKSE:01916) Headlines

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