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JS Corrugating Machinery Co (SZSE:000821) Total Assets : ¥14,890 Mil (As of Sep. 2024)


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What is JS Corrugating Machinery Co Total Assets?

JS Corrugating Machinery Co's Total Assets for the quarter that ended in Sep. 2024 was ¥14,890 Mil.

Warning Sign:

If a company builds assets at 24.6% a year, faster than its revenue growth rate of 22.2% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, JS Corrugating Machinery Co's average Total Assets Growth Rate was -7.90% per year. During the past 3 years, the average Total Assets Growth Rate was 33.90% per year. During the past 5 years, the average Total Assets Growth Rate was 24.60% per year. During the past 10 years, the average Total Assets Growth Rate was 22.40% per year.

During the past 13 years, JS Corrugating Machinery Co's highest 3-Year average Total Assets Growth Rate was 36.20%. The lowest was -7.60%. And the median was 13.50%.

Total Assets is connected with ROA %. JS Corrugating Machinery Co's annualized ROA % for the quarter that ended in Sep. 2024 was 4.33%. Total Assets is also linked to Revenue through Asset Turnover. JS Corrugating Machinery Co's Asset Turnover for the quarter that ended in Sep. 2024 was 0.18.


JS Corrugating Machinery Co Total Assets Historical Data

The historical data trend for JS Corrugating Machinery 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.

JS Corrugating Machinery Co Total Assets Chart

JS Corrugating Machinery 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 4,922.10 6,186.99 7,839.76 9,966.72 16,060.33

JS Corrugating Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 15,845.23 16,060.33 15,440.02 15,171.41 14,889.79

JS Corrugating Machinery 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.

JS Corrugating Machinery 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 )
=3765.9+12294.429
=16,060

JS Corrugating Machinery Co'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 )
=4215.955+10673.838
=14,890

* 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.


JS Corrugating Machinery Co  (SZSE:000821) Total Assets Explanation

Total Assets is connected with ROA %.

JS Corrugating Machinery Co'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 )
=651.348/( (15171.409+14889.793)/ 2 )
=651.348/15030.601
=4.33 %

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.

JS Corrugating Machinery Co'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 )
=2669.775/( (15171.409+14889.793)/ 2 )
=2669.775/15030.601
=0.18

* 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.

JS Corrugating Machinery Co Total Assets Related Terms

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JS Corrugating Machinery Co Business Description

Traded in Other Exchanges
N/A
Address
No.22, Jiangxing Road, Jianghan Economic Develop. Zone, Wuhan, CHN
JS Corrugating Machinery Co Ltd is engaged in the manufacturing and export of corrugated packaging machinery. Its products include corrugators, such as mill roll stands, splicers, pre-heaters, single facers, glue machines, double facers, rotary shears, slitter scorers, cut-offs, stackers, and other machines. Geographically the business activities are carried out through China.
Executives
Zu Guo Liang Directors, executives
Wang Wei Directors, executives
Li Jian Directors, executives
Li Bin Independent director
Yin Guang Zhi Independent director
Li Shi Fa Director
Xia Zhang Jun Supervisors
Yu Hong Mei Supervisors
Xie Chun An Supervisors
Dong Fang Xiang Director
Sun You Yuan Director
Dai Zheng Ming Executives
Chen Zhao Jun Executives

JS Corrugating Machinery Co Headlines

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