Beijing JCZ Technology Co (SHSE:688291) Total Assets : ¥985.5 Mil (As of Jun. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Beijing JCZ Technology Co Total Assets?

Beijing JCZ Technology Co's Total Assets for the quarter that ended in Jun. 2024 was ¥985.5 Mil.

Warning Sign:

If a company builds assets at 43.3% a year, faster than its revenue growth rate of 12% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Beijing JCZ Technology Co's average Total Assets Growth Rate was 40.20% per year. During the past 3 years, the average Total Assets Growth Rate was 38.30% per year. During the past 5 years, the average Total Assets Growth Rate was 43.30% per year.

During the past 6 years, Beijing JCZ Technology Co's highest 3-Year average Total Assets Growth Rate was 49.10%. The lowest was 38.30%. And the median was 48.00%.

Total Assets is connected with ROA %. Beijing JCZ Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 was 4.01%. Total Assets is also linked to Revenue through Asset Turnover. Beijing JCZ Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 was 0.06.

Beijing JCZ Technology Co Total Assets Historical Data

The historical data trend for Beijing JCZ Technology 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.

Beijing JCZ Technology Co Total Assets Chart

Beijing JCZ Technology Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

Get a 7-Day Free Trial

122.61

220.98

297.79

953.82

989.09

Beijing JCZ Technology Co Quarterly Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Total Assets	Get a 7-Day Free Trial															960.80	968.14	989.09	993.04	985.54

Beijing JCZ Technology 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.

Beijing JCZ Technology 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 )
	=	931.723	+	57.365
	=	989.1

Beijing JCZ Technology 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 )
	=	923.677	+	61.858
	=	985.5

Beijing JCZ Technology Co (SHSE:688291) Total Assets Explanation

Total Assets is connected with ROA %.

Beijing JCZ Technology Co's annualized ROA % for the quarter that ended in Jun. 2024 is

ROA %	=	Net Income (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
	=	39.656	/	( (993.039	+	985.536)	/ 2 )
	=	39.656	/	989.2875
	=	4.01 %

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.

Beijing JCZ Technology Co's Asset Turnover for the quarter that ended in Jun. 2024 is

	Asset Turnover
=	Revenue (Q: Jun. 2024 )	/	( (Total Assets (Q: Mar. 2024 )	+	Total Assets (Q: Jun. 2024 ))	/ count )
=	59.668	/	( (993.039	+	985.536)	/ 2 )
=	59.668	/	989.2875
=	0.06

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.

Beijing JCZ Technology Co Total Assets Related Terms

Thank you for viewing the detailed overview of Beijing JCZ Technology Co's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Beijing JCZ Technology Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Beijing JCZ Technology Co Ltd (SHSE:688291) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 139, Fengtai Road, Room 319, Fengtai District, Beijing, CHN, 100071

Website

https://www.bjjcz.cn

Beijing JCZ Technology Co Ltd is engaged in the development and sales of motion control systems for laser processing equipment.

Beijing JCZ Technology Co Headlines

No Headlines