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Jiade (JDZG) Total Assets : $10.37 Mil (As of Jun. 2024)


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What is Jiade Total Assets?

Jiade's Total Assets for the quarter that ended in Jun. 2024 was $10.37 Mil.

During the past 12 months, Jiade's average Total Assets Growth Rate was 63.80% per year.

Total Assets is connected with ROA %. Jiade's annualized ROA % for the quarter that ended in Jun. 2024 was 0.00%. Total Assets is also linked to Revenue through Asset Turnover. Jiade's Asset Turnover for the quarter that ended in Jun. 2024 was 0.00.


Jiade Total Assets Historical Data

The historical data trend for Jiade'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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Jiade Total Assets Chart

Jiade Annual Data
Trend Dec21 Dec22 Dec23
Total Assets
0.62 1.93 3.53

Jiade Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial 1.93 - 3.06 3.53 10.37

Jiade 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.

Jiade'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 )
=2.496+1.038
=3.53

Jiade'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 )
=9.322+1.042
=10.36

* 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.


Jiade  (NAS:JDZG) Total Assets Explanation

Total Assets is connected with ROA %.

Jiade'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 )
=0/( (3.534+10.365)/ 2 )
=0/6.9495
=0.00 %

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.

Jiade'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 )
=0/( (3.534+10.365)/ 2 )
=0/6.9495
=0.00

* 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.

Jiade Total Assets Related Terms

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Jiade Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 1702 and 1706 Minjiang Road, Unit 2-02, Puningdun Business Plaza, Jinjiang District, Sichuan Province, Chengdu, CHN, 610000
Website
Jiade Ltd Ltd is engaged in providing one-stop comprehensive education supporting services to adult education institutions, through a wide range of software platforms and auxiliary solutions. The Group offers pre-enrollment guidance on school/selection and application development, training for entrance exams, and assistance in the application process. The Group also offers offline tutoring, exam administration services, guidance on graduation thesis, and social practice assistance in the People's Republic of China.