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Jiangxi Sunshine Dairy Co (SZSE:001318) Total Assets : ¥1,426.6 Mil (As of Mar. 2024)


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What is Jiangxi Sunshine Dairy Co Total Assets?

Jiangxi Sunshine Dairy Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,426.6 Mil.

During the past 12 months, Jiangxi Sunshine Dairy Co's average Total Assets Growth Rate was -0.90% per year. During the past 3 years, the average Total Assets Growth Rate was 32.60% per year. During the past 5 years, the average Total Assets Growth Rate was 24.70% per year.

During the past 6 years, Jiangxi Sunshine Dairy Co's highest 3-Year average Total Assets Growth Rate was 33.50%. The lowest was 6.80%. And the median was 32.60%.

Total Assets is connected with ROA %. Jiangxi Sunshine Dairy Co's annualized ROA % for the quarter that ended in Mar. 2024 was 6.03%. Total Assets is also linked to Revenue through Asset Turnover. Jiangxi Sunshine Dairy Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.08.

Jiangxi Sunshine Dairy Co Total Assets Historical Data

The historical data trend for Jiangxi Sunshine Dairy 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.

* Premium members only.

Jiangxi Sunshine Dairy Co Total Assets Chart

Jiangxi Sunshine Dairy Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 718.20 754.00 740.80 1,358.00 1,427.40

Jiangxi Sunshine Dairy Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,354.09 1,365.69 1,388.16 1,427.40 1,426.60

Jiangxi Sunshine Dairy 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 Sunshine Dairy 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 )
=1345.476+81.928
=1,427.4

Jiangxi Sunshine Dairy Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=1365.165+61.436
=1,426.6

* 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.

Jiangxi Sunshine Dairy Co  (SZSE:001318) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangxi Sunshine Dairy Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=86.02/( (1427.404+1426.601)/ 2 )
=86.02/1427.0025
=6.03 %

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.

Jiangxi Sunshine Dairy Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=108.882/( (1427.404+1426.601)/ 2 )
=108.882/1427.0025
=0.08

* 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.

Jiangxi Sunshine Dairy Co Total Assets Related Terms

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Jiangxi Sunshine Dairy Co (SZSE:001318) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Jiangxi Sunshine Dairy Co Ltd (SZSE:001318) » Definitions » Total Assets
Comparable Companies
SZSE:000529 SHSE:600467 SHSE:600257 SZSE:002772 SHSE:600354 SHSE:600371 SZSE:002069 SZSE:002982 SHSE:600540 SZSE:002234 ADM SZSE:002714 SZSE:300498 TSN SHSE:600438 BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
N/A
Address
No. 1, Daishan East Road, Qingyunpu District, Jiangxi Province, Nanchang, CHN, 330043
Website
http://www.6103758.com
Jiangxi Sunshine Dairy Co Ltd is engaged in research and development, production and sales of dairy products and milk beverages.

Jiangxi Sunshine Dairy Co (SZSE:001318) Headlines

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