Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Total Assets : ¥1,077.9 Mil (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Anhui Jiaxian Functional Auxiliary Co Total Assets?

Anhui Jiaxian Functional Auxiliary Co's Total Assets for the quarter that ended in Mar. 2024 was ¥1,077.9 Mil.

Warning Sign:

If a company builds assets at 37.8% a year, faster than its revenue growth rate of 31.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Anhui Jiaxian Functional Auxiliary Co's average Total Assets Growth Rate was 22.40% per year. During the past 3 years, the average Total Assets Growth Rate was 17.60% per year. During the past 5 years, the average Total Assets Growth Rate was 37.80% per year. During the past 10 years, the average Total Assets Growth Rate was 29.80% per year.

During the past 13 years, Anhui Jiaxian Functional Auxiliary Co's highest 3-Year average Total Assets Growth Rate was 63.80%. The lowest was 5.00%. And the median was 25.35%.

Total Assets is connected with ROA %. Anhui Jiaxian Functional Auxiliary Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.06%. Total Assets is also linked to Revenue through Asset Turnover. Anhui Jiaxian Functional Auxiliary Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.14.

Anhui Jiaxian Functional Auxiliary Co Total Assets Historical Data

The historical data trend for Anhui Jiaxian Functional Auxiliary 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.

Anhui Jiaxian Functional Auxiliary Co Total Assets Chart

Anhui Jiaxian Functional Auxiliary Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

444.46

780.21

830.39

941.61

1,070.29

Anhui Jiaxian Functional Auxiliary Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Assets	Get a 7-Day Free Trial															916.77	971.22	1,019.58	1,070.29	1,077.91

Anhui Jiaxian Functional Auxiliary 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.

Anhui Jiaxian Functional Auxiliary 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 )
	=	539.977	+	530.31
	=	1,070.3

Anhui Jiaxian Functional Auxiliary 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 )
	=	550.834	+	527.075
	=	1,077.9

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Total Assets Explanation

Total Assets is connected with ROA %.

Anhui Jiaxian Functional Auxiliary 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 )
	=	43.64	/	( (1070.287	+	1077.909)	/ 2 )
	=	43.64	/	1074.098
	=	4.06 %

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.

Anhui Jiaxian Functional Auxiliary 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 )
=	146.737	/	( (1070.287	+	1077.909)	/ 2 )
=	146.737	/	1074.098
=	0.14

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.

Anhui Jiaxian Functional Auxiliary Co Total Assets Related Terms

Thank you for viewing the detailed overview of Anhui Jiaxian Functional Auxiliary Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Anhui Jiaxian Functional Auxiliary Co Ltd (BJSE:430489) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 280, Yinhu Road, Mohekou Fine Chemical Industry Park, Huaishang District, Anhui Province, Bengbu City, CHN

Website

http://www.jiaxianchem.com

Anhui Jiaxian Functional Auxiliary Co Ltd engages in the production and sales of new environment-friendly and non-toxic PVC auxiliary heat stabilizers. The company's main products include dibenzoyl methane, stearyl benzoyl methane and stearate, which are widely used in various fields of PVC products, such as PVC profiles, PVC pipe fittings, wires and cables, injection molding products, food packaging, medical products, toys.

Anhui Jiaxian Functional Auxiliary Co (BJSE:430489) Headlines

No Headlines