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Jilin Tangu Carbon Fiber Co (BJSE:836077) Total Assets : ¥5,712 Mil (As of Sep. 2024)


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What is Jilin Tangu Carbon Fiber Co Total Assets?

Jilin Tangu Carbon Fiber Co's Total Assets for the quarter that ended in Sep. 2024 was ¥5,712 Mil.

During the past 12 months, Jilin Tangu Carbon Fiber Co's average Total Assets Growth Rate was 27.10% per year. During the past 3 years, the average Total Assets Growth Rate was 45.80% per year. During the past 5 years, the average Total Assets Growth Rate was 35.20% per year. During the past 10 years, the average Total Assets Growth Rate was 21.80% per year.

During the past 11 years, Jilin Tangu Carbon Fiber Co's highest 3-Year average Total Assets Growth Rate was 45.80%. The lowest was 0.90%. And the median was 20.00%.

Total Assets is connected with ROA %. Jilin Tangu Carbon Fiber Co's annualized ROA % for the quarter that ended in Sep. 2024 was 0.89%. Total Assets is also linked to Revenue through Asset Turnover. Jilin Tangu Carbon Fiber Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.07.


Jilin Tangu Carbon Fiber Co Total Assets Historical Data

The historical data trend for Jilin Tangu Carbon Fiber 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.

Jilin Tangu Carbon Fiber Co Total Assets Chart

Jilin Tangu Carbon Fiber Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,336.49 1,679.73 2,317.84 3,543.11 5,247.52

Jilin Tangu Carbon Fiber Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,023.76 5,247.52 5,546.15 5,573.65 5,711.75

Jilin Tangu Carbon Fiber 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.

Jilin Tangu Carbon Fiber 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 )
=2427.85+2819.672
=5,248

Jilin Tangu Carbon Fiber Co's Total Assets for the quarter that ended in Sep. 2024 is calculated as

Total Assets=Total Equity (Q: Sep. 2024 )+Total Liabilities (Q: Sep. 2024 )
=2447.006+3264.742
=5,712

* 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.


Jilin Tangu Carbon Fiber Co  (BJSE:836077) Total Assets Explanation

Total Assets is connected with ROA %.

Jilin Tangu Carbon Fiber Co's annualized ROA % for the quarter that ended in Sep. 2024 is

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=49.972/( (5573.653+5711.747)/ 2 )
=49.972/5642.7
=0.89 %

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

Jilin Tangu Carbon Fiber Co's Asset Turnover for the quarter that ended in Sep. 2024 is

Asset Turnover
=Revenue (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=389.837/( (5573.653+5711.747)/ 2 )
=389.837/5642.7
=0.07

* 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.

Jilin Tangu Carbon Fiber Co Total Assets Related Terms

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Jilin Tangu Carbon Fiber Co Business Description

Traded in Other Exchanges
N/A
Address
Jiuzhan Street, Section 516, Economic and Technological Development Zone, Jilin Province, Jilin City, CHN, 132115
Jilin Tangu Carbon Fiber Co Ltd is mainly engaged in the research, development, production, and sales of polyacrylonitrile-based (PAN) carbon fiber precursors. It develops, produces, and operates carbon fiber precursors, carbon fibers, and carbon fiber textile products.

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