JPMorgan China Growth &ome (LSE:JCGI) Total Assets : £262.25 Mil (As of Sep. 2023)

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What is JPMorgan China Growth &ome Total Assets?

JPMorgan China Growth &ome's Total Assets for the quarter that ended in Sep. 2023 was £262.25 Mil.

During the past 12 months, JPMorgan China Growth &ome's average Total Assets Growth Rate was -21.80% per year. During the past 3 years, the average Total Assets Growth Rate was -16.80% per year. During the past 5 years, the average Total Assets Growth Rate was 1.70% per year. During the past 10 years, the average Total Assets Growth Rate was 11.10% per year.

During the past 13 years, JPMorgan China Growth &ome's highest 3-Year average Total Assets Growth Rate was 43.20%. The lowest was -16.80%. And the median was 12.00%.

Total Assets is connected with ROA %. JPMorgan China Growth &ome's annualized ROA % for the quarter that ended in Sep. 2023 was -42.19%. Total Assets is also linked to Revenue through Asset Turnover. JPMorgan China Growth &ome's Asset Turnover for the quarter that ended in Sep. 2023 was -0.21.

JPMorgan China Growth &ome Total Assets Historical Data

The historical data trend for JPMorgan China Growth &ome'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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JPMorgan China Growth &ome Total Assets Chart

JPMorgan China Growth &ome Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Assets

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281.52

455.81

525.93

346.15

262.25

JPMorgan China Growth &ome Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Assets	Get a 7-Day Free Trial															525.93	380.46	346.15	357.11	262.25

JPMorgan China Growth &ome 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.

JPMorgan China Growth &ome's Total Assets for the fiscal year that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (A: Sep. 2023 )	+	Total Liabilities (A: Sep. 2023 )
	=	229.772	+	32.477
	=	262.25

JPMorgan China Growth &ome's Total Assets for the quarter that ended in Sep. 2023 is calculated as

Total Assets	=	Total Equity (Q: Sep. 2023 )	+	Total Liabilities (Q: Sep. 2023 )
	=	229.772	+	32.477
	=	262.25

JPMorgan China Growth &ome (LSE:JCGI) Total Assets Explanation

Total Assets is connected with ROA %.

JPMorgan China Growth &ome's annualized ROA % for the quarter that ended in Sep. 2023 is

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-130.652	/	( (357.113	+	262.249)	/ 2 )
	=	-130.652	/	309.681
	=	-42.19 %

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

JPMorgan China Growth &ome's Asset Turnover for the quarter that ended in Sep. 2023 is

	Asset Turnover
=	Revenue (Q: Sep. 2023 )	/	( (Total Assets (Q: Mar. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
=	-64.744	/	( (357.113	+	262.249)	/ 2 )
=	-64.744	/	309.681
=	-0.21

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.

JPMorgan China Growth &ome Total Assets Related Terms

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JPMorgan China Growth &ome (LSE:JCGI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » JPMorgan China Growth & Income PLC (LSE:JCGI) » Definitions » Total Assets

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JCGIl:UK

Address

60 Victoria Embankment, London, GBR, EC4Y0JP

Website

http://www.jpmchinagrowthandincome.co.uk

JPMorgan China Growth & Income PLC is an investment trust company. Its investment objective is to provide long term capital growth by investment in Greater China companies. The company seeks to achieve its determined objectives, it invests in securities quoted on the stock exchanges of China, Hong Kong, and Taiwan or which derive a substantial part of their revenues or profits from these territories. It may use gearing up to a maximum level of nearly 20% of shareholders' funds to increase potential returns to shareholders. The company invests no more than 15% of gross assets in other UK listed investment companies. It reviews its performance against MSCI China Index, with net dividends reinvested, in sterling terms.

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