JFIN (Jiayin Group) Total Assets : $741.6 Mil (As of Sep. 2024)

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What is Jiayin Group Total Assets?

Jiayin Group's Total Assets for the quarter that ended in Sep. 2024 was $741.6 Mil.

Warning Sign:

If a company builds assets at 54.6% a year, faster than its revenue growth rate of 13.6% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Jiayin Group's average Total Assets Growth Rate was -5.40% per year. During the past 3 years, the average Total Assets Growth Rate was 127.90% per year. During the past 5 years, the average Total Assets Growth Rate was 54.60% per year.

During the past 9 years, Jiayin Group's highest 3-Year average Total Assets Growth Rate was 127.90%. The lowest was -40.20%. And the median was 3.90%.

Total Assets is connected with ROA %. Jiayin Group's annualized ROA % for the quarter that ended in Sep. 2024 was 20.26%. Total Assets is also linked to Revenue through Asset Turnover. Jiayin Group's Asset Turnover for the quarter that ended in Sep. 2024 was 0.27.

Jiayin Group Total Assets Historical Data

The historical data trend for Jiayin Group'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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Jiayin Group Total Assets Chart

Jiayin Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Assets

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80.34

152.52

433.31

790.56

743.05

Jiayin Group Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Assets	Get a 7-Day Free Trial															790.56	716.60	763.10	741.58	743.05

Jiayin Group 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.

Jiayin Group'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 )
	=	333.389	+	457.173
	=	790.6

Jiayin Group'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 )
	=	402.602	+	338.973
	=	741.6

Jiayin Group (NAS:JFIN) Total Assets Explanation

Total Assets is connected with ROA %.

Jiayin Group'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 )
	=	152.408	/	( (763.096	+	741.575)	/ 2 )
	=	152.408	/	752.3355
	=	20.26 %

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.

Jiayin Group'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 )
=	204.193	/	( (763.096	+	741.575)	/ 2 )
=	204.193	/	752.3355
=	0.27

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.

Jiayin Group Total Assets Related Terms

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Jiayin Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Jiayin Group Inc (NAS:JFIN) » Definitions » Total Assets

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Traded in Other Exchanges

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Address

No. 428 South Yanggao Road, Room 26F, 18th Floor, Building No. 1, Youyou Century Plaza, Pudong New Area, Shanghai, CHN, 200122

Website

http://www.jiayintech.cn

Jiayin Group Inc is China's technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services. The company has engraved technological innovation into the company's development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.