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Jinchuan Group International Resources Co (HKSE:02362) Total Assets : HK$17,932 Mil (As of Jun. 2024)


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What is Jinchuan Group International Resources Co Total Assets?

Jinchuan Group International Resources Co's Total Assets for the quarter that ended in Jun. 2024 was HK$17,932 Mil.

During the past 12 months, Jinchuan Group International Resources Co's average Total Assets Growth Rate was 6.80% per year. During the past 3 years, the average Total Assets Growth Rate was 8.10% per year. During the past 5 years, the average Total Assets Growth Rate was 3.70% per year. During the past 10 years, the average Total Assets Growth Rate was 0.60% per year.

During the past 13 years, Jinchuan Group International Resources Co's highest 3-Year average Total Assets Growth Rate was 392.20%. The lowest was -59.10%. And the median was 2.70%.

Total Assets is connected with ROA %. Jinchuan Group International Resources Co's annualized ROA % for the quarter that ended in Jun. 2024 was 0.83%. Total Assets is also linked to Revenue through Asset Turnover. Jinchuan Group International Resources Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.13.


Jinchuan Group International Resources Co Total Assets Historical Data

The historical data trend for Jinchuan Group International Resources 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.

Jinchuan Group International Resources Co Total Assets Chart

Jinchuan Group International Resources 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 13,615.91 13,708.03 15,899.60 15,800.69 16,950.25

Jinchuan Group International Resources Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 16,732.16 15,800.69 17,031.13 16,950.25 17,931.78

Jinchuan Group International Resources 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.

Jinchuan Group International Resources 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 )
=8979.458+7970.791
=16,950

Jinchuan Group International Resources Co's Total Assets for the quarter that ended in Jun. 2024 is calculated as

Total Assets=Total Equity (Q: Jun. 2024 )+Total Liabilities (Q: Jun. 2024 )
=9053.047+8878.728
=17,932

* 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.


Jinchuan Group International Resources Co  (HKSE:02362) Total Assets Explanation

Total Assets is connected with ROA %.

Jinchuan Group International Resources Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=144.344/( (16950.249+17931.776)/ 2 )
=144.344/17441.0125
=0.83 %

Note: The Net Income data used here is two times the semi-annual (Jun. 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.

Jinchuan Group International Resources Co's Asset Turnover for the quarter that ended in Jun. 2024 is

Asset Turnover
=Revenue (Q: Jun. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=2210.48/( (16950.249+17931.776)/ 2 )
=2210.48/17441.0125
=0.13

* 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.

Jinchuan Group International Resources Co Total Assets Related Terms

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Jinchuan Group International Resources Co Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit 3101, 31st Floor, United Centre, Hong Kong, HKG
Jinchuan Group International Resources Co Ltd, through its subsidiaries, is engaged in mining operations including the production of copper and cobalt. The group's mining operations include two operating mines (Ruashi Mine and Kinsenda Mine), one project at the development stage (Musonoi Project), one exploration project (Lubembe Project), and one mine leased out under a finance lease agreement (Chibuluma South Mine (including Chifupu Deposit)). Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Jin Chuan Ji Tuan Gu Fen You Xian Gong Si 2101 Beneficial owner
Gan Su Sheng Xin Ye Zi Chan Jing Ying You Xian Ze Ren Gong Si 2101 Beneficial owner
Gan Su Sheng Jing Ji He Zuo Zong Gong Si 2101 Beneficial owner

Jinchuan Group International Resources Co Headlines

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