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Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Total Assets : ¥6,623 Mil (As of Mar. 2024)


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What is Nantong Jiangshan Agrochemical & chemicals Co Total Assets?

Nantong Jiangshan Agrochemical & chemicals Co's Total Assets for the quarter that ended in Mar. 2024 was ¥6,623 Mil.

During the past 12 months, Nantong Jiangshan Agrochemical & chemicals Co's average Total Assets Growth Rate was 6.70% per year. During the past 3 years, the average Total Assets Growth Rate was 3.40% per year. During the past 5 years, the average Total Assets Growth Rate was 7.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.60% per year.

During the past 13 years, Nantong Jiangshan Agrochemical & chemicals Co's highest 3-Year average Total Assets Growth Rate was 38.50%. The lowest was -3.60%. And the median was 11.00%.

Total Assets is connected with ROA %. Nantong Jiangshan Agrochemical & chemicals Co's annualized ROA % for the quarter that ended in Mar. 2024 was 4.95%. Total Assets is also linked to Revenue through Asset Turnover. Nantong Jiangshan Agrochemical & chemicals Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.24.

Nantong Jiangshan Agrochemical & chemicals Co Total Assets Historical Data

The historical data trend for Nantong Jiangshan Agrochemical & chemicals 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.

Nantong Jiangshan Agrochemical & chemicals Co Total Assets Chart

Nantong Jiangshan Agrochemical & chemicals 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 4,306.24 4,602.12 5,679.44 6,513.10 6,675.37

Nantong Jiangshan Agrochemical & chemicals Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6,142.20 5,871.18 6,439.23 6,675.37 6,622.93

Nantong Jiangshan Agrochemical & chemicals 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.

Nantong Jiangshan Agrochemical & chemicals 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 )
=3699.09+2976.279
=6,675

Nantong Jiangshan Agrochemical & chemicals Co's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=3799.267+2823.665
=6,623

* 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.

Nantong Jiangshan Agrochemical & chemicals Co  (SHSE:600389) Total Assets Explanation

Total Assets is connected with ROA %.

Nantong Jiangshan Agrochemical & chemicals Co's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=328.944/( (6675.369+6622.932)/ 2 )
=328.944/6649.1505
=4.95 %

Note: The Net Income data used here is four times the quarterly (Mar. 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.

Nantong Jiangshan Agrochemical & chemicals Co's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=1585.035/( (6675.369+6622.932)/ 2 )
=1585.035/6649.1505
=0.24

* 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.

Nantong Jiangshan Agrochemical & chemicals Co Total Assets Related Terms

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Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nantong Jiangshan Agrochemical & chemicals Co Ltd (SHSE:600389) » Definitions » Total Assets
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SZSE:002749 SZSE:002258 SZSE:002274 SZSE:000912 SZSE:002588 SZSE:002215 SZSE:002170 SHSE:600230 SHSE:603970 SZSE:002004 CTVA TSX:NTR CF SAU:2020 SZSE:000792 MOS MIC:PHOR OSL:YAR FMC NSE:PIIND
Traded in Other Exchanges
N/A
Address
No. 35 Yaogang Road, Nantong, Jiangsu, CHN, 226006
Website
http://www.jsac.com.cn
Nantong Jiangshan Agrochemical & chemicals Co Ltd is a China-based company engages in manufacturing, processing, and selling of pesticides, resin, organic, and inorganic chemical. The company's products include pesticides, chlor-alkali, fine chemicals, and thermoelectrics. The main pesticide varieties are glyphosate, dichlorvos, trichlorfon, amide herbicides, prochloraz, chlorothiazide, nitenpyram, chlorpyrifos and other original drugs.
Executives
Liu Wei Dong Director
Xue Jian Director
Du Hui senior management
Pang Zhang Guo senior management
Wang Xu senior management
Meng Zhang Chun Directors, senior managers
Song Jin Hua senior management
Wang Li Directors, senior managers
Shi Jin senior management
Fan Wen Xin Supervisors
Ye Hong Lin senior management
Mao Yun Long Supervisors
Fu Hong Wei senior management
Wang Ming Hua Supervisors
Cai Jian Guo Director

Nantong Jiangshan Agrochemical & chemicals Co (SHSE:600389) Headlines

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