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NISN (NiSun International Enterprise Development Group Co) Total Assets : $268.8 Mil (As of Jun. 2024)


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What is NiSun International Enterprise Development Group Co Total Assets?

NiSun International Enterprise Development Group Co's Total Assets for the quarter that ended in Jun. 2024 was $268.8 Mil.

During the past 12 months, NiSun International Enterprise Development Group Co's average Total Assets Growth Rate was 9.00% per year. During the past 3 years, the average Total Assets Growth Rate was 32.50% per year. During the past 5 years, the average Total Assets Growth Rate was 29.80% per year. During the past 10 years, the average Total Assets Growth Rate was 27.70% per year.

During the past 11 years, NiSun International Enterprise Development Group Co's highest 3-Year average Total Assets Growth Rate was 37.40%. The lowest was 16.60%. And the median was 31.70%.

Total Assets is connected with ROA %. NiSun International Enterprise Development Group Co's annualized ROA % for the quarter that ended in Jun. 2024 was 7.05%. Total Assets is also linked to Revenue through Asset Turnover. NiSun International Enterprise Development Group Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.66.

NiSun International Enterprise Development Group Co Total Assets Historical Data

The historical data trend for NiSun International Enterprise Development 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.

* Premium members only.

NiSun International Enterprise Development Group Co Total Assets Chart

NiSun International Enterprise Development Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94.00 108.10 273.98 283.42 315.90

NiSun International Enterprise Development Group Co Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 249.99 283.42 319.98 315.90 268.83

NiSun International Enterprise Development 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.

NiSun International Enterprise Development 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 )
=203.055+112.844
=315.9

NiSun International Enterprise Development Group Co'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 )
=208.827+60.006
=268.8

* 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.

NiSun International Enterprise Development Group Co  (NAS:NISN) Total Assets Explanation

Total Assets is connected with ROA %.

NiSun International Enterprise Development Group Co'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 )
=20.608/( (315.899+268.834)/ 2 )
=20.608/292.3665
=7.05 %

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

NiSun International Enterprise Development Group Co'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 )
=192.537/( (315.899+268.834)/ 2 )
=192.537/292.3665
=0.66

* 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.

NiSun International Enterprise Development Group Co Total Assets Related Terms

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NiSun International Enterprise Development Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NiSun International Enterprise Development Group Co Ltd (NAS:NISN) » Definitions » Total Assets
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Traded in Other Exchanges
N/A
Address
No. 55 Loushanguan Road, Floor 20-21, New Hongqiao Building, Changning District, Shanghai, CHN
Website
https://www.fintaike.com
NiSun International Enterprise Development Group Co Ltd is a provider of supply chain solutions and integrated financial services. Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, it is engaged in delivering supply chain solutions, and supply chain trading services to its customers across different industries. The company also provides financial solutions to small and mid-sized enterprises within the supply chain ecosystem. Using its fintech platforms, it provides various financing options, including supply chain financing, trade financing, and receivables financing. Geographically, its operations are predominantly focused on markets within the People's Republic of China.
Executives
Apex Trading Group Inc 10 percent owner 181 SPADINA RD., RICHMOND HILL A6 L4B3C5