Jinke Smart Services Group Co (HKSE:09666) Total Assets : HK$8,375 Mil (As of Dec. 2023)

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What is Jinke Smart Services Group Co Total Assets?

Jinke Smart Services Group Co's Total Assets for the quarter that ended in Dec. 2023 was HK$8,375 Mil.

During the past 12 months, Jinke Smart Services Group Co's average Total Assets Growth Rate was -13.90% per year. During the past 3 years, the average Total Assets Growth Rate was 34.40% per year. During the past 5 years, the average Total Assets Growth Rate was 9.30% per year.

During the past 7 years, Jinke Smart Services Group Co's highest 3-Year average Total Assets Growth Rate was 34.40%. The lowest was -4.00%. And the median was 13.75%.

Total Assets is connected with ROA %. Jinke Smart Services Group Co's annualized ROA % for the quarter that ended in Dec. 2023 was -28.05%. Total Assets is also linked to Revenue through Asset Turnover. Jinke Smart Services Group Co's Asset Turnover for the quarter that ended in Dec. 2023 was 0.31.

Jinke Smart Services Group Co Total Assets Historical Data

The historical data trend for Jinke Smart Services Group 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.

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Jinke Smart Services Group Co Total Assets Chart

Jinke Smart Services Group Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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4,555.48

10,223.84

12,782.82

9,332.12

8,375.42

Jinke Smart Services Group Co Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Assets	Get a 7-Day Free Trial							12,782.82	12,202.04	9,332.12	9,415.27	8,375.42

Jinke Smart Services Group 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.

Jinke Smart Services Group 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 )
	=	4481.482	+	3893.94
	=	8,375

Jinke Smart Services Group Co's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets	=	Total Equity (Q: Dec. 2023 )	+	Total Liabilities (Q: Dec. 2023 )
	=	4481.482	+	3893.94
	=	8,375

Jinke Smart Services Group Co (HKSE:09666) Total Assets Explanation

Total Assets is connected with ROA %.

Jinke Smart Services Group Co's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %	=	Net Income (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
	=	-2494.946	/	( (9415.266	+	8375.423)	/ 2 )
	=	-2494.946	/	8895.3445
	=	-28.05 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) 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.

Jinke Smart Services Group Co's Asset Turnover for the quarter that ended in Dec. 2023 is

	Asset Turnover
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	2750.745	/	( (9415.266	+	8375.423)	/ 2 )
=	2750.745	/	8895.3445
=	0.31

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.

Jinke Smart Services Group Co Total Assets Related Terms

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Jinke Smart Services Group Co (HKSE:09666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Jinke Smart Services Group Co Ltd (HKSE:09666) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 480, Panxi Road, Shimahe Street, Building A4, East Zone, Jinke Shiniancheng, Jiangbei District, Chongqing, CHN

Website

http://www.jinkeservice.com

Jinke Smart Services Group Co Ltd is a smart property management service provider in China. The firm is principally engaged in the provision of property management services, value-added services to non-property owners, community value-added services, and smart living technology solutions. It has focused on the three main regions in China that are Southwestern China, Eastern & Southern China, Central China, and other regions where it generates a majority of its revenue from the Southwestern China Region.

Executives

Hai Nan Xi Wa Si Mu Ji Jin Guan Li You Xian Ze Ren Gong Si	2102 Investment manager
Boyu Capital Fund V, Pte, Ltd
Thematic Bridge Investment Pte. Ltd.
Jubilant Autumn Limited
Boyu Capital General Partner V, Ltd.
Xyxy Holdings Ltd.
Boyu Group, Llc
Tong Xiaomeng
Boyu Capital Fund V, L.p.
Jubilant Winter Limited
Broad Gongga Investment Pte Ltd
Jubilant Season Limited
Jubilant Springtime, Lp
Top Yingchun Investment Iv Ltd
Jubilant Summer Limited

Jinke Smart Services Group Co (HKSE:09666) Headlines

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