JD Logistics (HKSE:02618) Total Assets : HK$119,982 Mil (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is JD Logistics Total Assets?

JD Logistics's Total Assets for the quarter that ended in Jun. 2024 was HK$119,982 Mil.

Warning Sign:

If a company builds assets at 46.1% a year, faster than its revenue growth rate of 36% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, JD Logistics's average Total Assets Growth Rate was 3.70% per year. During the past 3 years, the average Total Assets Growth Rate was 18.90% per year. During the past 5 years, the average Total Assets Growth Rate was 46.10% per year.

During the past 6 years, JD Logistics's highest 3-Year average Total Assets Growth Rate was 77.70%. The lowest was 18.90%. And the median was 32.50%.

Total Assets is connected with ROA %. JD Logistics's annualized ROA % for the quarter that ended in Jun. 2024 was 7.27%. Total Assets is also linked to Revenue through Asset Turnover. JD Logistics's Asset Turnover for the quarter that ended in Jun. 2024 was 0.40.

JD Logistics Total Assets Historical Data

The historical data trend for JD Logistics'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.

JD Logistics Total Assets Chart

JD Logistics Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

44,569.14

64,870.55

94,033.06

119,150.41

123,489.51

JD Logistics Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Assets	Get a 7-Day Free Trial									-	123,489.51	-	119,982.15	-

JD Logistics 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.

JD Logistics'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 )
	=	60566.513	+	62923.001
	=	123,490

JD Logistics'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 )
	=	62729.459	+	57252.689
	=	119,982

JD Logistics (HKSE:02618) Total Assets Explanation

Total Assets is connected with ROA %.

JD Logistics's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	8723.276	/	( (0	+	119982.148)	/ 1 )
	=	8723.276	/	119982.148
	=	7.27 %

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

JD Logistics's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	47591.211	/	( (0	+	119982.148)	/ 1 )
=	47591.211	/	119982.148
=	0.40

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.

JD Logistics Total Assets Related Terms

Thank you for viewing the detailed overview of JD Logistics's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

JD Logistics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » JD Logistics Inc (HKSE:02618) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

822:Germany

Address

No. 20 Kechuang 11 Street, 8th Floor, Building B, Yizhuang Economic and Technological Development Zone, Daxing District, Beijing, CHN, 101111

Website

https://www.jdl.cn

JD Logistics Inc, owned by leading China e-commerce company JD.com, is a technology-driven supply chain solutions and logistics services provider in China. It offers a full spectrum of supply chain solutions and logistics services, ranging from warehousing to distribution, spanning across manufacturing to end-customers, covering regular and specialized items. JDL services include formulating and executing supply chain strategies. Customers come from a wide array of industries, such as fast-moving consumer goods; or FMCG, apparel; home appliances; home furniture; computers, consumer electronics, and communications, or 3C; automotive; and fresh produce, among others.

Executives

Liu Qiangdong Richard	2101 Beneficial owner
Jd.com, Inc.
Jingdong Technology Group Corporation
Tct (bvi) Limited	2501 Other
The Core Trust Company Limited	2301 Trustee

JD Logistics Headlines

No Headlines