Jiangsu Guotai International Group Guomao Co (SZSE:002091) Total Assets : ¥41,845 Mil (As of Mar. 2024)

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What is Jiangsu Guotai International Group Guomao Co Total Assets?

Jiangsu Guotai International Group Guomao Co's Total Assets for the quarter that ended in Mar. 2024 was ¥41,845 Mil.

During the past 12 months, Jiangsu Guotai International Group Guomao Co's average Total Assets Growth Rate was 9.20% per year. During the past 3 years, the average Total Assets Growth Rate was 14.80% per year. During the past 5 years, the average Total Assets Growth Rate was 5.90% per year. During the past 10 years, the average Total Assets Growth Rate was 23.40% per year.

During the past 13 years, Jiangsu Guotai International Group Guomao Co's highest 3-Year average Total Assets Growth Rate was 90.60%. The lowest was -2.50%. And the median was 14.15%.

Total Assets is connected with ROA %. Jiangsu Guotai International Group Guomao Co's annualized ROA % for the quarter that ended in Mar. 2024 was 2.01%. Total Assets is also linked to Revenue through Asset Turnover. Jiangsu Guotai International Group Guomao Co's Asset Turnover for the quarter that ended in Mar. 2024 was 0.19.

Jiangsu Guotai International Group Guomao Co Total Assets Historical Data

The historical data trend for Jiangsu Guotai International Group Guomao 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.

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Jiangsu Guotai International Group Guomao Co Total Assets Chart

Jiangsu Guotai International Group Guomao Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Assets

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23,522.62

26,012.80

34,570.89

39,600.57

43,139.47

Jiangsu Guotai International Group Guomao 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															39,270.54	41,428.03	43,514.51	43,139.47	41,845.40

Jiangsu Guotai International Group Guomao 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.

Jiangsu Guotai International Group Guomao 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 )
	=	21237.021	+	21902.453
	=	43,139

Jiangsu Guotai International Group Guomao 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 )
	=	21528.269	+	20317.127
	=	41,845

Jiangsu Guotai International Group Guomao Co (SZSE:002091) Total Assets Explanation

Total Assets is connected with ROA %.

Jiangsu Guotai International Group Guomao 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 )
	=	852.084	/	( (43139.474	+	41845.396)	/ 2 )
	=	852.084	/	42492.435
	=	2.01 %

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.

Jiangsu Guotai International Group Guomao 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 )
=	8095.532	/	( (43139.474	+	41845.396)	/ 2 )
=	8095.532	/	42492.435
=	0.19

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.

Jiangsu Guotai International Group Guomao Co Total Assets Related Terms

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Jiangsu Guotai International Group Guomao Co (SZSE:002091) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Jiangsu Guotai International Group Guomao Co Ltd (SZSE:002091) » Definitions » Total Assets

Traded in Other Exchanges

N/A

Address

RenMing Road, Jiang Su, 15-24 Floor, Guotai Times Plaza, ZhangJiaGang, CHN, 215600

Website

http://www.gtiggm.com

Jiangsu Guotai International Group Guomao Co Ltd is engaged in the supply chain services, new energy and financial investment, covers import and export trade of consumption goods, E-commerce platform, new materials, new energy, finance and equity investment.

Executives

Zhang Zi Yan	Director
Guo Sheng Hu	Directors, executives
Yang Ge	Executives
Ma Xiao Tian	Executives
Wang Xiao Bin	Director
Jiang Jian	Supervisors
Chen Xiao Dong	Director
Guo Jun	Executives
Gu Jian Ping	Independent director
Tan Qiu Bin	Director
Yao Zheng Ya	Executives
Huang Ning	Executives
Wang Yong Cheng	Director
Zhao Ming	Supervisors
Wen Zhen Ying	Director

Jiangsu Guotai International Group Guomao Co (SZSE:002091) Headlines

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