Shanghai AJ Group Co (SHSE:600643) Total Assets : ¥25,459 Mil (As of Sep. 2023)

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What is Shanghai AJ Group Co Total Assets?

Shanghai AJ Group Co's Total Assets for the quarter that ended in Sep. 2023 was ¥25,459 Mil.

Warning Sign:

If a company builds assets at 7.6% a year, faster than its revenue growth rate of 6.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Shanghai AJ Group Co's average Total Assets Growth Rate was -2.50% per year. During the past 3 years, the average Total Assets Growth Rate was 2.70% per year. During the past 5 years, the average Total Assets Growth Rate was 7.60% per year. During the past 10 years, the average Total Assets Growth Rate was 22.20% per year.

During the past 13 years, Shanghai AJ Group Co's highest 3-Year average Total Assets Growth Rate was 67.50%. The lowest was -16.30%. And the median was 12.20%.

Total Assets is connected with ROA %. Shanghai AJ Group Co's annualized ROA % for the quarter that ended in Sep. 2023 was 1.19%. Total Assets is also linked to Revenue through Asset Turnover. Shanghai AJ Group Co's Asset Turnover for the quarter that ended in Sep. 2023 was 0.02.

Shanghai AJ Group Co Total Assets Historical Data

The historical data trend for Shanghai AJ Group 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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Shanghai AJ Group Co Total Assets Chart

Shanghai AJ Group Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Total Assets

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26,128.26

26,746.90

27,161.83

27,049.57

26,534.67

Shanghai AJ Group Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Total Assets	Get a 7-Day Free Trial															26,855.63	26,534.67	25,825.87	25,845.86	25,458.76

Shanghai AJ Group 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.

Shanghai AJ Group Co's Total Assets for the fiscal year that ended in Dec. 2022 is calculated as

Total Assets	=	Total Equity (A: Dec. 2022 )	+	Total Liabilities (A: Dec. 2022 )
	=	12466.589	+	14068.08
	=	26,535

Shanghai AJ Group Co's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	12788.486	+	12670.277
	=	25,459

Shanghai AJ Group Co (SHSE:600643) Total Assets Explanation

Total Assets is connected with ROA %.

Shanghai AJ Group Co's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	305.092	/	( (25845.855	+	25458.763)	/ 2 )
	=	305.092	/	25652.309
	=	1.19 %

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

Shanghai AJ Group Co's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	573.986	/	( (25845.855	+	25458.763)	/ 2 )
=	573.986	/	25652.309
=	0.02

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.

Shanghai AJ Group Co Total Assets Related Terms

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Shanghai AJ Group Co (SHSE:600643) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Shanghai AJ Group Co Ltd (SHSE:600643) » Definitions » Total Assets

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Address

746 Zhaojiabang Road, Shanghai, CHN, 200030

Website

http://www.aj.com.cn

Shanghai AJ Group Co Ltd provides financial services. Its services include wealth management and asset management services.

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